Multibagger Stock BSE: The companies listed on the country's oldest stock exchange BSE have made a lot of money for the investors investing in the stock market. But for the investors who have BSE shares, its shares have given them multibagger returns in the year 2024. In 2024, BSE stock has jumped 150 percent and in the last two days itself, BSE shares have gained 20 percent. 

150% return received in 2024

The rise in BSE stock can be gauged from the fact that on January 1, 2024, the stock was trading at Rs 2200, which is now trading at the level of Rs 5400 on December 6. That is, the stock has jumped by about 150 percent this year. Even today, the stock has reached its all-time high of Rs 5445 with a jump of 4.53 percent or Rs 227. 

Money increased 30 times in 5 years 

BSE brought its IPO in the year 2017. The company raised money from the market at an issue price of Rs 806 per share. The company has also issued bonus shares to its shareholders in the year 2022. Bonus shares were issued to every shareholder in the ratio of 2:1. That is, two bonus shares were issued to the shareholders in exchange for one share. BSE stock has given a return of 826 percent to its shareholders in 2 years and more than 30 times in 5 years.   

Why is BSE stock rising?

Ever since the discussion about the IPO of the country's largest stock market, National Stock Exchange, has intensified, the BSE stock has been witnessing a rise. Since the possibility of the IPO of the National Stock Exchange, the BSE stock has been witnessing a strong jump. Experts say that due to the listing on NSE, the BSE shares may be rerated, due to which the enthusiasm of the BSE stock is high.