three months return
The stock of SEL Manufacturing has proved to be a multibagger stock in three months. This penny stock was at Rs 83.30 on NSE on 20 January 2020, whereas today it is at Rs 1474.50. In this short span of time, this stock has achieved a growth of about 1670 percent. With this the investors have become Rs 1 lakh to Rs 17 lakh and they have become rich.
awesome in 6 months
The stock of SEL Manufacturing has proved to be a panic stock in 6 months. This penny stock was at Rs 0.35 on 27th October 2021, whereas today it is at Rs 1474.50. The stock has achieved a growth of about 421185 percent during this period. Due to this, only 10 thousand rupees of investors have become Rs 4.21 lakhs. It’s hard to believe, but it’s true.
Money two and a half times in 1 month
The stock of SEL Manufacturing has proved to be a stock doing more than two and a half times in 1 month. This penny stock was at Rs 556 a month ago, whereas today it is at Rs 1474.50. The stock has achieved a growth of 165.20 percent during this period. This has made the investors’ Rs 1 lakh more than Rs 2.65 lakh.
Company business and income
For your information, let us tell you that the promoter of SEL Group is ARR ESS Leading Edge Private Limited, which has about 75 percent stake in SEL Manufacturing Company. SEL GROUP is a textile conglomerate, which operates various textile sub-segments with facilities ranging from spinning, weaving, yarn and textile processing to value added products (terry towels and ready made garments). Its net sales in the September quarter of 2021 stood at Rs 107.19 crore, up 58.8 per cent from Rs 67.50 crore in September 2020.
avoid these mistakes
Experts suggest that do not rely on stock tips that promise instant returns. Do your research before investing. At a minimum, confirm whether the company’s business and promoters are valid. Don’t buy or sell based on stock tips on Twitter, YouTube, WhatsApp etc, because you are investing your hard earned money. There is no easy way to get rich quickly in the stock market. If you are new to investing, start with mutual funds or ETFs instead of direct stocks. Then you can spend some time learning, find out what works best for you and invest accordingly.
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