Multibagger Stock: For those investing in the stock market in India, multibagger stocks are those stocks that attract investors a lot. ABP Live keeps giving you information about multibagger stocks and in this series, today we are telling you about a stock that has given a tremendous return of 28,000 percent since its inception.

Multibagger Share of Ceenik Exports (India) Ltd Ceenik Exports (India) Ltd

Today, know about the stock of Scenic Exports which has given a return of 28,427.47 percent from its all-time high level. Its shares have seen a growth of Rs 1293.45 from the beginning till today. Today the stock level is Rs 1298. Its highest level of 52 weeks i.e. one year is Rs 1432.45 and the lowest level of this year was Rs 105.92 per share. In this sense, this stock has made its investors rich this year itself.

One year high and low and returns

Exactly one year ago, on 27 December 2023, the shares of Scenic Exports were seen at a level of Rs 105.92 per share. Today Scenic Exports has made a day high of Rs 1298.95 and if calculated on this basis, the stock has given a return of Rs 1126.35 per share. If seen on the basis of 5 years, Scenic Exports has given a tremendous return of 20,000 percent in its shares. 

Scenic Exports will give bonus shares

Scenic Exports is going to offer bonus shares in the ratio of 1.5 and its record date has been fixed for 5 February 2025. Offering shares in the ratio of 1.5 means that for every 5 fully paid-up shares, shareholders will get 1 fully paid-up equity share.

Scenic Exports market cap

The market capitalization of Scenic Exports has come down to Rs 432.15 crore and it is trading at 5.54 times its book value.