Multibagger stock MIC Electronics hits upper circuit for 12th day in a row. Rises 300% in one year

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Multibagger stock: MIC Electronics shares are 1 of the multibagger stocks the Indian stock market has delivered successful caller years. The multibagger stock has risen from astir 23.40 to 90.66 aspiece, providing astir 300 percent to its agelong word positional investors. However, the banal is inactive connected a bull trend. The multibagger small-cap banal has touched the precocious circuit for the past 12 sessions. As per the accusation connected the BSE website, MIC Electronics stock terms has been hitting precocious circuit since 18th June 2024. MIC Electronics stock terms contiguous opened with an upside gapo and touched an intraday precocious of 90.66 per stock connected NSE, which turned retired its caller beingness precocious arsenic well.

MIC Electronics stock terms history

Over assorted clip periods, the MIC Electronics stock terms has seen important growth. In the past month, the banal has surged from astir 48.60 to 90.73 apiece connected BSE, marking an 85 percent increase. Over the past six months, the banal has risen from 33.85 to 90.73 per share, a 165 percent rally. In a year, the banal has seen a 300 percent rise, and implicit the past 5 years, it has skyrocketed from astir 0.77 to 90.66 apiece, a staggering 11,700 percent increase.

Impact connected investors

Taking a cue from MIC Electronics stock terms history, if an capitalist had invested 1 lakh successful this multinagger banal 1 period ago, its 1 lakh would person turned to 1.85 lakh today. If the capitalist had invested successful this small-cap stok six months ago, its 1 lakh would person turned into 2.65 lakh today. Likewise, if an capitalist had invested 1 lakh successful this multibagger banal 1 twelvemonth ago, its 1 lakh would person turned into 4 lakh.

For those who person held MIC Electronics shares for the agelong term, the returns are adjacent much impressive. A 1 lakh concern successful this multibagger Indian banal 5 years agone would present beryllium worthy a staggering 1.18 crore, assuming the capitalist had remained invested successful the banal passim the play mentioned above.

Disclaimer: The views and recommendations supra are those of idiosyncratic analysts, experts, and broking companies, not of Mint. We counsel investors to cheque with certified experts earlier making immoderate concern decisions.

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