Mukesh Ambani Latest News: Mukesh Ambani has bought a stake in the chocolate company, after which the company's shares are hitting upper circuit every day.
Multibagger Stock: Mukesh Ambani has bought a stake in the chocolate company, after which the shares of the company are hitting upper circuit every day. Even today i.e. on Monday, the shares of the company are trading with a gain of 4.98 per cent.
The name of this company is Lotus Chocolate. Let us tell you that Reliance Retail had announced a big deal with the company about 2 weeks ago, after which there is a strong rise in the shares. In the last one month, the stock is seeing an increase of more than 100 percent.
Shares increased by more than 21 percent in 5 days.
Monday, the shares of the company are trading at the level of Rs 209.90. If you look at the chart of 5 days ago, then on January 10, the share price was at the level of Rs 172. In the last 5 days, the shares have seen a gain of 21.47 percent. The share price has increased by Rs 37.10 during this period.
Investors' money doubled in one month.
Apart from this, if you look at the chart of one month ago, then the price of this share is at the level of Rs 104.50 on December 16, 2022 and the company's share has increased by Rs 105.40 in the last one month.
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The stock has given more than 100 per cent returns during this period. That is, if an investor had invested Rs 1 lakh in this share a month ago, his money would have become more than Rs 2 lakh today.
Stock climbed 62 percent
YTD time If you look at the chart of YTD time, the share price was at the level of Rs 129 on January 2. The stock has seen a gain of more than 62.65 percent in YTD time. The value of the stock has increased by Rs 80.85 during this period.
Reliance Offers To Buy
Reliance Consumer Products Limited and Reliance Retail Ventures have offered to buy a 26 per cent stake in the shares of Lotus Chocolate Company, after which the shares have continued to rise.
Disclaimer: Here's only the performance of the stock is given, it is not an investment advice. Investing in the stock market is subject to Market risk and you should consult your advisor before investing.