Stock Market: This SME stock has turned investors worth Rs 1 lakh into Rs 11.82 lakh in 4 months

Stock Market News: The smallcap index has reached the all-time high. Meanwhile, a good number of small-cap stocks have entered the elite list of stocks that have delivered more than 100 per cent returns to their shareholders. However, the market has been able to see BSE SME listed stocks in 2021, surprising observers, returning more than 100% to their shareholders.

Share of EKI Energy Services is BSE SME Exchange Listed Stock listed on 7th April, 2021 and in this short span of about 4 months, it has given returns of more than 10.82 per cent to its loyal shareholders.

The share price history of EKI Energy Services shows that the stock was listed on SME Exchange on April 7, 2021 and closed at Rs.147 on its listing date. In this span of 4 months, the share rose to Rs 1738.40 per share (closing price on 3 August 2021).

A growth of about 1082.59 percent has been registered during this period. SME stocks touched the upper circuit with a gain of 5 per cent on August 2, while it rose from Rs 1501.80 per stock to Rs 1738.40 in the last 5 trading sessions.

However, the share price of EKI Energy Services has increased from Rs 722.65 per share level to Rs 1738.40 during the last one month period. There has been an increase of about 140% in this period.

Rs 1 lakh to Rs 11.82 lakh

  • Looking at the share price history of EKI Energy Services, it can be said that if an investor had invested Rs 1 lakh on the date of stock listing, he would have now got Rs 11.82 lakh.
  • However, if an investor had invested Rs 1 lakh a month ago, he would now get Rs 2.40 lakh.
  • Similarly, if an investor had invested Rs 1 lakh 5 days ago, then his Rs 1 lakh would have been Rs 1.1575 lakh during this period.

Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. is also not advised by abplive.com to invest money.)

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