Onix Solar Share Price | Many stocks in the market have made investors crorepatis. Despite the volatility in the market, some stocks have remained strong. One such multibagger stock Onix Solar Energy Limited has doubled investors’ money in just one month and turned an investment of Rs 1 lakh into Rs 50 lakh in five years.
Continuous upper circuit
Shares of Onix Solar Energy Limited have been touching the upper circuit recently. This trend continued on Monday, Tuesday and Wednesday, with a 2% upper circuit being hit every day. The current price of one share is Rs 365.55.
Doubling in one month
The stock was priced at Rs 172.25 a month ago and now it is Rs 365.55, giving investors a return of 104%. An investment of Rs 1 lakh a month ago has now become more than Rs 2 lakh.
Great return of one year
The stock has gained 266% in six months, while the one-year return is a great return of 550%. This means that Rs 1 lakh invested a year ago has now become Rs 6.5 lakh.
5-year growth
The growth of the stock has been phenomenal in the last five years. It was priced at just Rs 7 in 2019. Today, it is at Rs 365.55, giving a return of 4,884%. If one had invested Rs 1 lakh five years ago, it would have grown to Rs 49.84 lakh now.
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