Multibagger Stocks 2021: This scrip has delivered more than 175 pct returns in one year; Choice Broking expert dubs it as a 'share to buy'
Multibagger Stocks 2021: 2021 is turning out to be a great year during which a huge number of multibagger stocks have emerged.
Multibagger Stocks 2021: 2021 is turning out to be a great year during which a huge number of multibagger stocks have emerged. Ace Indian investor Rakesh Jhunjhunwala portfolio stocks have been hitting the headline these days for giving more than 100 per cent returns in less than one year but there are other than Big Bull's portfolio stocks that have emerged in the Multibagger Stocks 2021 list. Prince Pipes and Fittings Ltd share price is one such share that has risen from Rs 157.25 on 4th March 2020 to Rs 436.65 per stock levels on 3rd March 2021. So, in exact one year, Prince Pipes share price has given more than 177 per cent returns.
According to Prince Pipes and Fittings Ltd share price history, Prince Pipes and Fittings Ltd shares had a closing price of Rs 157.25 per stock mark on 4th March 2020. While the Prince Pipes and Fittings Ltd share price had a closing of Rs 436.65 per stock levels on 3rd March 2021 means today. So, Prince Pipes and Fittings ltd share price today had closed at Rs 436.65. That means, the company's share price rose by 177.67 per cent in exactly one year.
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Prince Pipes and Fittings Ltd share price is at its one year high that has made stock market investors' decision in regard to this stock little tricky. However, if we go by Choice Broking advice, this is still a 'share to buy.'
Speaking on the Prince Pipes and Fittings Ltd share price target in next one to two months Sumeet Bagadia, Executive Director at Choice Broking said, "Prince Pipes and Fittings Ltd has been trading at its one year high and is still showcasing positive bias. It has strong support at Rs 360 and can easily scale up to Rs 470 to Rs 500 in next one to two months." Bagadia said that one can buy Prince Pipes and Fittings Ltd shares at current levels and keep on accumulating on every dip maintaining stop loss below Rs 360.
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