Stock multibagger: solar company yields 850% return in one year. Do you own?

Solex Energy stock price history

Over the past month, this multibagger stock has generated a return of around 150% for its position shareholders, while over the past six months, this small-cap multibagger stock has grown from around ₹100 to ₹463 levels each, offering a return of approximately 360% to its shareholders. Similarly, over the past year, this small-cap multibagger stock has jumped about ₹49 to ₹463 levels each, registering an increase of approximately 850% during this period.

Impact on investment

Take inspiration from the history of the Solex Energy share price, if an investor had invested ₹1 lakh in this stock multibagger a month ago is ₹1 lakh would have turned to ₹2.50 lakh today. similarly, if an investor had invested ₹1 lakh in shares of this solar company six months ago, its ₹1 lakh would have listened ₹4.60 lakh today. Similarly, if an investor had invested ₹1 lakh in this small cap stock a year ago, its ₹1 lakh would have turned to ₹6.90 lakh today.

After the end of Tuesday’s session, Solex Energy shares ended with a market capitalization of around ₹370 crore, adding approx. ₹18 crore in single session Tuesday. This small-cap stock had closed on Monday with a market capitalization of ₹352 crores. Its 52-week low is ₹42.50 while its 52-week high is ₹463.05 each. It ended Tuesday with a trade volume of 4,000, which means the stock is a weak floating stock and can become very volatile on a single trigger.

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