This Telecom Stock Delivered Over 500% Return To The Share Holders In Last One Year

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xploringindia
xploringindia
Xploringindia is a administrator who has a keen interest in politics, fashion, and lifestyle. She is a post-graduate in Economics and loves to listen to classic old Hindi songs and travel to new places in her leisure time. Her writing is well researched, covering important aspects and core of the topic covering crucial points.

Highlights:

  • HFCL has been among the multibagger stocks 2021 India
  • A number of stocks in 2021 have seen their prices rise by over 100%
  • HFCL has delivered over 500% return to its shareholders in last 1 year

The year 2021 has brought some sharp rise in a number of stocks that have delivered more than 100% return to its shareholders, however, looking further into the list of the multi-bagger stocks in 2021 in India, there have been several stocks that have not disappointed its shareholders and have delivered much higher than the multi-bagger return.

HFCL is a glaring example of such stocks as this telecom company stock has delivered over 500% return to its shareholders in the last 1 year. In this period, HFCL share price surged from ₹ 12.90 per stock levels to ₹ 77.05 per stock mark (at 1:06 PM on 22nd July 2021) — registering slightly higher than 500% growth in the period mentioned above.

HFCL shares, in the last five trade sessions, have shed 2.52%, however, in the last one month it has delivered around 16% return to its shareholders by surging from ₹ 66.80 per stock mark to ₹ 77.05 levels.

Also Read: India’s Covid Death Toll Could Be Close To 5 Million; Worst Human Tragedy Since Partition: Report

HFCL share price went up the graph by 151% in the last six months by scaling from ₹ 30.85 to ₹ 77.05 levels. However, in the last one year, HFCL share price skyrocketed from ₹ 12.90 per stock mark to ₹ 77.05 mark at the National Stock Exchange (NSE) — logging 55.78% gain in the last one year.

To give you some perspective, if you, as an investor, put in ₹ 1 lakh in HFCL just one month ago, it would have become ₹ 1.16 lakh if it had remained invested in the stock for an entire one month.

Similarly, if you would have invested ₹ 1 lakh in HFCL stocks six months ago, it would have become ₹ 2.51 lakh in the last six months if the money remained invested in the stock throughout the last six months.

However, the biggest hit would have been if you would have invested the same ₹ 1 lakh in HFCL one year ago, those ₹ 1 lakh would have become ₹ 6.78 lakh in this one year, if the money remained invested in the last one year.

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