To know how long-term holding is paying off for its shareholders, one should look at Rajratan Global Wire’s share price history on BSE. One of the multibagger stocks in 2021, this share has grown from ₹39.11 (closing price on BSE as of January 30, 2015) at ₹2620.45 (closing price on BSE Jan 28, 2022), registering an increase of around 6600% over these 7 years.

Share Price History Rajratan Global Wire

Over the past month, this stock multibagger has gone from ₹2027 to ₹2620.45 levels, appreciating almost 30% during this period. Over the past 6 months, Rajratan Global Wire’s share price has risen from approximately ₹2252 to ₹2620 levels each, registering an increase of about 16% during this period. Over the past year, the stock has given a multibagger return of 375% to its shareholders.

Likewise, over the past 5 years, this stock multibagger has gone from 263.79 to ₹2620.45 levels each, registering an increase of around 900% over this time horizon. Similarly, over the past 7 years, the share price of Rajratan Global Wire has gone from ₹39.11 to ₹2,620.45 per share, appreciating approximately 6,600% over this period.

Impact on investors

Drawing from historical Rajratan Global Wire stock price, if an investor had invested ₹1 lakh in this stock multibagger a month ago is ₹1 lakh would have turned to ₹1.30 lakh today as it would have turned to ₹1.16 lakh in the last 6 months. If an investor had invested ₹1 lakh in this stock multibagger a year ago is ₹1 lakh would have turned to ₹4.75 lakh today.

Similarly, if an investor had invested ₹1 lakh in Rajratan Global Wire shares 5 years ago and it had remained invested in the counter till date, its ₹1 lakh would have turned to ₹10 million today. Similarly, if an investor had invested ₹1 lakh in this stock multibagger 7 years ago and he had remained invested in it throughout that time, his ₹1 lakh would have turned to ₹67 million today.

Rajratan Global Wire shares the news

This multibagger stock is in the news these days for announcing a 1:5 stock split. ₹10 each fully paid up in 5 capital shares of ₹2 each fully paid, subject to member approval by postal vote. The company added that the stock split decision was made to facilitate a larger shareholder base, to increase liquidity and to make the shares more affordable for investors. The record date of said stock split will be announced in due course subject to compliance with necessary laws, he added.

Learn more about Rajratan Global Wire stocks

This multibagger mid-cap stock has a market capitalization of ₹2,660 crores. Rajratan Global Wire stock 52-week high is ₹3,055.55 while its 52-week low is ₹503.55 on BSE. The stock’s current PE ratio is slightly above 24, which is higher than the sector’s PE of around 21.43. The company’s book value per share is 170.84 and its dividend yield is 0.31. Rajratan Global Wire’s stock trading volume is 5,670, which is well above its 20-day average trading volume of 3,247.