Multibagger stock: Small-Cap Stock Bharat Global Developers (Bharat Global Developers) has given excellent returns to its investors in a short period of time. If you are looking for multibagger stock then you can keep an eye on this stock. Today, on November 5, the company’s shares hit an upper circuit of 5 percent and the stock closed at Rs 819.45 on BSE. This is the fifth consecutive day when the company’s shares have closed in the green. During this period this stock has lost about 28 percent. With this rise, the market cap of the company increased to Rs 8,297 crore. The stock’s 52-week high is Rs 1069.60 and 52-week low is Rs 16.14.
Bharat Global Developers gets new order
Bharat Global Developers recently announced that its AgriTech division has won its first major order from McCann India Agro Pvt. Ltd. The order is worth approximately ₹300 crore and involves the supply of 200,000 tonnes of Kufri Ashoka potatoes over a period of six months starting from the current financial year. According to Bharat Global Developers, this achievement is a major milestone for Bharat Global Agrotech Pvt Ltd and strengthens its position in the Indian agriculture sector.
1 lakh became Rs 5800000 in just 3 years
In November 2021, the price of one share of the company was only Rs 14, which has increased to Rs 819.45 today. That means in just three years the money of its investors has increased by 5750 percent. Investors’ money increased more than 58 times during this period. If you had invested Rs 1 lakh in this stock three years ago, today your amount would have increased to Rs 58 lakh.
Bharat Global Developers business
Bharat Global Developers Limited is one of the leading companies in India’s agriculture supply chain. Bharat Global said it is optimistic about the future growth prospects of Bharat Global Developers Limited and is committed to continuing its efforts to expand in the agritech industry. Bharat Global Developers Limited was formerly known as Kecrafton Developers. The company has recently announced the establishment of six new subsidiary companies.
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