Many such companies have made investors rich in the Indian stock market. There are also some companies that make millionaires of investors who invest a few rupees. One such pharmaceutical company is Divis Lab. Divis Lab has delivered more than 54,000 per cent return to shareholders in nearly 18 years.
In fact, in March 2003, Divis Lab was listed on the stock market. At the time of listing, Divis Lab was trading at Rs. It has now risen to Rs 4920 per share. Against this backdrop, the company has paid 54,566 per cent return to its shareholders over the past 18 years. At the same time, the company posted a gain of 830 per cent on a one-year list and a 3325 per cent return in 5 years.
Consider the amount: At the time of the Divis Lab listing on the stock market, if investors had invested Rs 20,000, their sum would be Rs 36,754 in just one year. Similarly, if the investor has invested for the first five years, the sum of Rs 20,000 exceeds Rs 6 lakh 85,000. However, the investor is paying Rs 20,000 at the time of listing of the company. If he had invested and saved it for a full 18 years, he would have become a millionaire today. This amount is now worth Rs 1.09 crore.
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Should You Invest: If experts are to be believed, betting on shares of Divis Lab could prove to be a lucrative business. According to Mudit Goel, senior research analyst at SMC Global Securities, Divis Lab’s outlook is still positive. Shares of Divis Lab could be bought at current market price with a target price of Rs 5,000.
