By investing in multibagger stocks, people can achieve tremendous profits in a short time.
Betting on such stocks is risky. If the bet is right, you will be bet.
The shares of Agi Greenpac, one of the country's largest companies that manufactures glass containers, have given strong returns in the long term.
AGI Greenpac's stock has made its investors millionaires in 20 years. However, the stock has broken in the short term.
In the last five years, AGI Greenpac's stock has given its investors a return of 238 per cent.
In 20 years, this stock has made its investors millionaires. In 20 years, the stock has delivered a return of 17,055.94 per cent.
In March 2003, the stock was priced at Rs 1.32. Today, the stock has crossed the 300 mark.
If someone had invested Rs one lakh in this stock in March 2003, its amount would have increased to Rs 2,62,000,00 today.
That is, the stock of Agi Greenpac has increased 20 times in 262 years. On Friday, these stocks closed with a decline.
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