There is a famous saying by Warren Buffett. When people are afraid of the market, you enter the market. And when people enter the market, you stay away. This thing 100% fits the investors who entered the market during the coronavirus infection. At that time the market was in turmoil and most people were exiting their investments. But the people who had invested in that era are sitting on strong profits today.
One such share giving bumper returns is of Gita Renewable Energy. Its share price has increased from Rs 5.52 to Rs 233.50 in the last one year. That is, the shares of Gita Renewable Energy have given a return of 4130% in just one year.
5 consecutive trading sessions last week, this stock has an upper circuit of 5%. Shares of Gita Renewable Energy have given a return of 21.50% in these 5 days. Talking about 2021 only, its share price has increased from Rs 88.20 to Rs 233.50. That is, the shares of Gita Renewable Energy have given a return of 233.50% so far this year.
Its shares rose from Rs 29.40 to Rs 233.50 in the last 6 months. During this period, investors have got a total return of 695%. Gita Renewable Energy’s shares closed at Rs 5.52 per share on October 13 last year, while its shares closed at Rs 233.50 on October 14, 2021. That is, its shares have given a return of 4130% to the investors during this period.
That is, if you had invested Rs 1 lakh in it on October 14 last year, then on October 14 this year your amount would have become Rs 42.30 lakh. If you had invested Rs 1 lakh in it even 6 months ago, then today your amount would have become Rs 7.95 lakh.
