After second wave of Covid-19, the participatory rally has helped the Indian stock market to scale new highs. In the rebound post-first wave of the pandemic, real estate stocks had remained almost non-participants, however, in a recent market rally, a good number of real estate stocks have entered the list of multi-bagger stocks in 2021. Radhe Developers share is one of those multi-bagger real estate stocks. In the last six months, Radhe Developers’ share price has been appreciating northward hitting upper circuits on several occasions.
In the past week, Radhe Developers’ share price has risen from ₹309.60 to ₹338 levels, lugging around a 9 percent surge in this period. In last month, this multi-bagger stock has surged from around ₹190 to ₹338, appreciating to the tune of 77 percent in this period. Similarly, in the last six months, this multi-bagger penny stock shot up from 10.40 to ₹338 levels, registering around a 3,150 percent rise in this period.
Taking a cue from Radhe Developers’ share price history, if an investor had invested ₹1 lakh in this multi-bagger stock one week ago, its ₹1 lakh would have turned to ₹1.09 lakh today. Similarly, if an investor had invested ₹1 lakh in this multi-bagger stock one month ago and had remained invested in it to date, its ₹1 lakh would have turned to ₹1.77 lakh today.
Likewise, if an investor had invested ₹1 lakh in this multi-bagger penny stock six months ago and had remained invested in the multi-bagger stock to date, its ₹1 lakh would have turned to ₹32.50 lakh today.