Company’s fortunes changed after IPO came, investors got spoiled earnings

If you invest wisely in the stock market, then you can earn big profits in a short time. According to Happiest Minds, there was a multibagger stock in the year 2021. Which gave great returns to the investors after listing. Let us tell you, the IPO of this company came in September 2020, then the issue price was Rs 165 to Rs 166. But at the time of opening, the share prices had doubled. The price of one share on NSE had gone up to Rs 350-351.

Today one share of Happiest Minds is priced at Rs 1,222 per share. If you compare the current prices with the issue price, then a jump of about Rs 575 has been seen. In such a situation, if an investor had bought a lot i.e. 14,940 rupees, then today it would have increased to one lakh rupees. At the same time, if an investor would have invested money in this company on the day of listing, then today it would have tripled.

How did shares rise?

If we talk about the last one year, then the price of one share of this company has increased from Rs 522 to Rs 1122. That is, an increase of about 115 percent was seen during this period. However, if we talk about the last 6 months, then selling was seen in it. During this, the price of one share fell from Rs 1422 to Rs 1122. That is, a decline of about 21% has been seen. At the same time, in the last one month, the share price has increased from Rs 975 to Rs 1121. An increase of 15 percent was seen during this period.

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