From ₹7 to ₹1400: Bharat Global Developers Stock Made ₹1 Lakh Turn into ₹2 Crore in Record Time

Now, Bharat Global Developers, a company specializing in the IT and networking sector, has emerged as one of the much-talked-about multibagger stocks in recent times. From its once-lowly price of ₹7 to the present price of ₹1400, there are stunning returns which took the investment knife-cutting between paper returns alone. But that apart, the next thing is for those investors who have even invested ₹1 lakh, in the stock at ₹7, will soon see the worth at ₹2 cr.

The remarkable journey of the stock has started with its all-time lowest level, sitting at ₹6.90. Investors with shares in the company have witnessed an astonishing growth, particularly in the last few months. On November 22, 2024, Bharat Global Developers' share made an all-time high closing value at ₹1401.10, with a 5% upper circuit. An extraordinary rise has been featured because the stock regularly touches new record highs.

What lies behind this phenomenal growth? Bonus and the stock-split announcements recently thrilled investors. The company's board of directors approved a bonus share issue in the ratio of 8:10, meaning that investors will get 8 additional shares for every 10 held. The board approved a 1:10 stock split also. The moves have added huge liquidity to the stock, which now propels the stock upwards.

In the last 15 days alone, Bharat Global Developers' equity is up as much as 112%, doubling investors' money in just two weeks. Over the past three months, the stock has generated an incredible return of 590%. Over the last year, the stock has increased 5500%, turning small investments into substantial gains. It is these returns that have also helped push the company's market capitalization to ₹14,187 crore.

This apart, the Dubai-based unit of the company has received a credible order worth ₹251 crore for treating and supplying precious stones such as diamonds, rubies, sapphires, and emeralds. The stock has benefited from this piece of news also.

For investors looking for high-growth opportunities, Bharat Global Developers continues to be one of the hottest stocks in the market. With a combination of stock splits, bonus shares, and strong fundamentals, the company has demonstrated its ability to deliver exceptional returns.