Bangalore based software company Subex
The price of shares of this software company based in Bangalore was Rs 7.82 on 9 July 2020 and it closed at Rs 71.20 on NSE on Friday i.e. yesterday. This means that the stock has seen an increase of 837.34 percent in one year. This stock has been in the multibagger stocks of 2021. The special thing is that the list of multibagger stocks of 2021 is full of small and midcap stocks. This means that after the severe beating in the market due to the first wave of Kovid-19, investors have turned towards mid and small cap stocks.
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Know how this stock made investors rich
This stock has seen an increase of 837.34 percent in the last 1 year, while this IT stock has run more than 150 percent in the last 6 months. At the same time, it has given a return of 22.88 percent in the last 1 month. In this way, this IT stock has proved to be a money-making stock in 2021 as well. If you look at the returns received from Subex so far, if an investor in the cash segment had put Rs 1 lakh in it 1 year ago, it would have become Rs 8.37 lakh by now.
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At the same time, if someone had put Rs 1 lakh in this stock 6 months ago, then by now he would have got Rs 1.53 lakh. At the same time, if someone had put 1 lakh rupees in this stock 1 month ago, then he would have made a profit of 22 thousand on this investment i.e. in 1 month his 1 lakh rupees would have become 1.22 lakh rupees. Let us know that at present the market capitalization of Subex is around Rs 3750 crore.