HomeBusinessOnce 0.40 paisa..now Rs.7.19 paisa..investors interested in buying this penny share! Achi-News

Once 0.40 paisa..now Rs.7.19 paisa..investors interested in buying this penny share! Achi-News

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Achi news desk-

A few shares in the stock market every year. They bring profits in an unexpected range to the investors and make them millionaires. Such shares are called multibagger stocks. Currently there are many multibagger shares in the stock market. In this list we see mostly penny stocks. If you find these and invest, you can easily become a millionaire. In the last few years, penny stocks have given excellent returns. Most of the shares rose from Rs.2 to Rs.30-40. Penny stocks are currently attracting the attention of investors in the stock market.

The name of this attention grabbing stock is “kenvi jewels (kenvi jewels ltd share).” After many days of decline, the share of Kenvi Jewels Ltd sees an increase in a few days. The stock has returned 40 percent in the last week The share closed at Rs 7.19 on March 22. The company’s stock had reached an all-time high from Rs 15.70 in June last year.But let’s see how this Kenvi Jewels company is doing.

Big returns: If you invest just Rs.25 thousand in this, you will own Rs.9.58 lakhs!

The company’s business model

Trading in gold and gold jewellery.. The company deals in the manufacture, wholesale and retail of jewellery. A 64.72 percent stake in the company is held by the promoters.

15 times

Shares of Kenvi Jewels Limited in 2018 were Rs. Traded at 1 level. After the fall, the share reached 0.40 paise. In June 2023, the company’s share reached the level of Rs.15. Looking at it from this angle.. Kenvi Jewels Limited shares have grown investors’ money 15 times in 8 years.

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