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HomeBusinessRama Phosphates Stock Started With Just Rs 2 And Now Crossed Rs 360

Rama Phosphates Stock Started With Just Rs 2 And Now Crossed Rs 360

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Rama Phosphates: There has been an atmosphere of decline in the stock markets for the last few weeks. Due to this, the investors have also suffered a lot. However, if we look at the long term investors who have invested in the stock market, most are still in profit. Some of these quality stocks in their portfolios have given excellent returns. Rama Phosphates is also one such stock.

This multi-bagger stock has also suffered from sell-off during the last month. It had once reached close to Rs 400. Right now, this stock has come down to around Rs 360. In this way, this multi-bagger stock has fallen about 10 per cent in the last month. However, before this, in the previous year, i.e. 2021, the supply of this fertilizer company had jumped by about 235 per cent.

Rama Phosphates Stock Growth

The stock of this fertilizer company has consistently given excellent returns in the long term. Its price may have risen only 8 per cent during the last six months, but in the previous year, it has jumped 235 per cent from Rs 108 and is trading beyond Rs 360. On the other hand, if we look at the last five years’ record, this stock has travelled from about Rs 76 till here. During this, the stock price has gone up by about 380 per cent.

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Talking about the last ten years, this stock has jumped from Rs 51 to Rs 360. In this way, it has jumped 610 per cent. Going back some more, you will be surprised to see the consistency. About 19 years ago today, on March 13, 2003, this stock was only Rs. 2 on BSE. Today it is more than Rs 360. In this way, in the last 19 years, this stock has given a return of about 18 thousand per cent.

According to this, the investors who put money in its shares, in the beginning, must have earned a lot of money. Nineteen years ago, if someone had invested Rs 1 lakh in this stock, then today his portfolio would have become Rs 1.81 crore. Similarly, for those who would have invested Rs 1 lakh 10 years ago, their investment would have exceeded Rs 7 lakh.

(Investing money in the stock market is associated with many types of risk. Before investing money in the stock market, you must research or consult your financial advisor.)

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Akash Kumar Mishra
Akash Kumar Mishra
Akash Kumar Mishra is the CO-Editor at Spot News 18. He is very passionate about His Work and Loves to Write on Technology Topics.

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