Adani’s Multibagger shares rose 1600% in 4 years. ₹1 lakh turns into ₹17 lakh | Rare Techy

Adani Power stock price history

This multibagger stock is in a consolidation phase after the start of June 2022. In the last one month, the share price of Adani Power has fallen from around ₹340 towards ₹270 levels each, logging about 20 per cent dip in this period. In the YTD period, the Adani group’s stock has risen by around 165 percent while in the last six months, the Adani multibagger’s stock has appreciated from around ₹100 up ₹270, delivering nearly 170 percent return to shareholders.

Likewise, in the last year, the share price of Adani Power has risen from near ₹108 ka ₹270, delivering a 135 percent rise in its stockholders’ equity. Similarly, in the last four years, this multibagger stock has been shooting from all around ₹16 towards ₹270, logging about 1600 percent increase during this period.

Impact on investment

Taking a cue from the history of Adani Power’s stock price, an investor had invested ₹1 lakh in Adani group shares a month ago, right ₹1 lakh will go to you ₹80,000 while in the YTD period, it will turn to ₹day is 2.65 €. If investors have invested ₹1 lakh in Adani shares six months ago, yes ₹1 lakh will go to you ₹day is 2.70 €.

Likewise, if investors have invested ₹1 lakh in this multibagger Adani stock a year ago, yes ₹1 lakh will go to you ₹day is 2.35 €. Similarly, if an investor had invested ₹1 lakh in this stock four years ago, yes ₹1 lakh will be ₹17 lakh today.

On Tuesday, shares of Adani Power ended with market capitalization ₹1.04 lakh crore and its trading volume on Tuesday was 70,19,512. This multibagger Adani stock stands at a current PE multiple of 21.23 while the sectoral PE is a little over 12.