An investment of Rs 1 lakh turned into Rs 78 lakh, this stock changed the fortunes of investors by giving multibagger returns.:Hangamayil Jewellery has emerged as a significant player in the stock market.

News Topical, Digital Desk : Every investor investing in the stock market wishes they could find a stock that would multiply their investment many times over. Stocks that deliver such magical returns are called multibaggers, but they are often difficult to identify. Today, through this news, we're going to tell you about one such multibagger stock, which has transformed the fortunes of its investors by delivering impressive returns.

1 lakh became 78 lakh

We're talking about Thangamayil Jewellery. This multi-bagger stock has delivered a return of ₹7.8 million on an investment of ₹100,000. The company's shares also saw a strong rally on Friday, February 6th. During this period, they jumped nearly 10% to reach a high of ₹3,491.80. Significantly, Thangamayil Jewellery's stock has delivered impressive returns to investors over the past 10 years, increasing an investment of ₹100,000 to over ₹7.8 million.

Investors' fortunes changed

Thangamayil Jewellery shares have provided impressive returns over the long term, filling investors' pockets. In February 2016, the company's shares were priced at approximately ₹89.37. Consequently, an investor investing ₹1 lakh at that time would have received approximately 1,118 shares.

Subsequently, in July 2023, the company announced a 1:1 bonus share distribution. Each investor received one bonus share for every share held. This increased the number of shares held to 2,236. By February 6, 2026, the company's stock price reached 3,491.80. The total value of these 2,236 shares today is approximately ₹78.07 lakh.

The company's shares saw a sharp rise on the BSE on Friday. During this period, the company's shares rose 6.31%, or ₹200.25, to close at ₹3,374.65. Its intraday high was ₹3,491.80. Its 52-week high during this period was ₹4,138.15 and its 52-week low was ₹1,526.45.