New Delhi. Patience is one of the important qualities that a stock market investor should possess. Because the money is not in buying and selling, but in waiting. Therefore, investors who follow the strategy of ‘buy the stock and then put it and forget’ (‘buy, hold and forget strategy) make a lot of money from the stock market. Atul Limited shares are a living example of this. Yes… the shares of Integrated Chemical Company have given huge returns to the investors.
The share price of Integrated Chemical Company Atul Limited increased from ₹ 11.30 per share (close price on NSE on 13 September 2001) to ₹ 9,250 per equity share (closing price on 9 September 2021 on NSE). During this, it increased by about 818 times in 20 years.
Atul Ltd Share Price History
In the last one month, Atul Ltd. The share price of Rs.8,864.05 per equity share increased to Rs.9,250 from the level of Rs. That is, in the meantime, an increase of 4.35 percent has been registered in the company’s stock. In the last 6 months, the price of this chemical stock increased from ₹6784.05 per stock level to ₹9250. A growth of 36.35 percent was registered during this period. Similarly, the shares of Atul have gained 47 per cent in the last one year, while the share price of Atul has reached close to 325 per cent in the last five years. But, in the last 20 years as the share price has increased 818 times from ₹11.30 per share level to ₹9250 per share.
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This is how investors got rich
According to this stock history, if an investor had invested ₹ 1 lakh in this chemical stock a month ago, his ₹ 1 lakh would have become ₹ 1.04 lakh today. If the investor had invested ₹ 1 lakh in it 6 months ago and had invested till today, then his ₹ 1 lakh would have become ₹ 1.36 lakh today. Similarly, if an investor had invested ₹1 lakh in the shares of Atul a year ago, his ₹1 lakh would have become ₹1.47 lakh today.
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However, if an investor had invested ₹1 lakh in Atul’s shares 20 years ago and held the shares during this period, he would have become a millionaire today. Because his ₹ 1 lakh would have become ₹ 8.18 crore (₹ 1 lakh x 818) today.
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