Everyone keeps an eye on this type of stock in the share market. It is called a multibagger stock because it gives high returns in a short period of time. Find out which stock gave this huge return. Where 1 lakh taka became 1.8 crore. There are several such multibagger stocks in the Indian market. Which have filled the pockets of long-term investors. Another great example of how sweet the fruits of patience can be, Nibe Ltd, a small-cap company in the Indian Defense Sector, has created. Market experts have been shocked by the rise of this penny stock on Dalal Street.
Exactly 10 years ago, the price of a share of this defense company was only 8 taka. And now the price of that share has reached 1,437 taka. That is, this stock has increased by about 17,862% in the last 10 years. If an investor had invested 1 lakh taka in shares of Neeb Limited 10 years ago and held it, the value of that deposited money today would have been around 1 crore 80 lakh taka. The stock had been fluctuating within a certain range for a long time. But from June 2022, it started rocketing. The stock jumped almost 3,900% between June 2022 and July 2024. In the midst of this triumph, the stock reached its all-time record high of Rs 2,025. In the middle, the market saw a slight slowdown or pullback in the first quarter (Q1) of 2025, but the company quickly recovered from that loss. It started giving bumper returns to investors again. This stock has closed with positive returns for the last 6 consecutive calendar years. The company’s total market capitalization stood at Tk 2,190 crore at the close of the market on Thursday.
