A Small 50-Paisa Share Works Wonders: An Opportunity to Turn a 1 Lakh Investment into 4 Crores!

Sometimes, a small investment in the stock market can yield substantial profits. A prime example of this is the share of Raj Rayon Industries. Five years ago, on August 23, 2019, the share price of this company was only 50 paise. However, as of today, this share has surged to over ₹22. This dramatic rise has turned small-time investors into millionaires, with those who invested ₹1 lakh now potentially earning crores.

44,640% Profit in Five Years Over the last five years, Raj Rayon Industries has delivered an astonishing 44,640% profit to its investors. What was once available for 50 paise on August 23, 2019, closed at ₹22.37 today. The company’s market capitalization has now reached ₹1,240 crores.

A ₹1 Lakh Investment Turns into ₹4.47 Crores If you had invested ₹1 lakh in this company's shares on August 23, 2019, that investment would have grown to ₹4.47 crores today. In the past month alone, the share price has seen a nearly 10% increase.

Company Operations Raj Rayon Industries, which has enriched investors who bought shares at low prices, was established in 1993. The company is engaged in the production and trading of polyester chips and yarn.

@aajtak