This stock is amazing, 1 lakh will became 11 crores | share market- Watch Video

There are numerous stocks on the market that provide profitable returns. But, if we are talking about long-term investments, several equities have provided investors with excellent returns. As a result, investors are becoming increasingly obsessed with such long-term lucrative equities. The unique feature is that these equities offer the possibility of receiving numerous benefits, including buybacks, stock splits, and spinoffs. On long-term investments, the corporation distributes income on a quarterly or annual basis.

One such stock is Jyoti Resins and Adhesives Ltd. Recently, a small-cap chemical stock company has issued bonus shares in the ratio of 2:1. This means that the company has issued two bonus shares. Investors will get the benefit of 1 bonus share for 1 share. After this announcement, millionaire investors directly became millionaires. 

1 lakh became 11 crores

If an investor had invested Rs 1 lakh in this company 10 years ago, then instead of Rs 1 lakh today, the amount would have been more than Rs 11 crore. Jyothi Resin is one of the multibagger stocks in the Indian stock market that have been created in the last one year. The stock of this company has started from Rs 535 per share and closed at Rs 1,281.50 per share in the last one year.