- By Aditya Pratap Singh
- Fri, 24 Nov 2023 04:15 PM (IST)
- Source:JND
Long-Term Investment: 'Share Market rewards those who hold their investment for a long period of time’ This is a phrase that we must have heard multiple times from one or others. Be it a financial adviser, business coach, or any ordinary stock market tutor, they all always advise everyone to hold an investment for a long period of time.
Over time, there are numerous examples that have proved the above statement (Long Term Investment) true. Today, In our special series of ‘Long Term Investment’ we will give an insight into the performance of Eicher Motors Shares.
RS 1,000 becomes 8 crore in 23 Years
In the last 23 years, the stock of Eicher Motors has given a splendid return. Shares of the company were at the level of Rs 4.80 on January 03, 2000, Now it is trading at the level of Rs 3,852.50 (As of Nov 24 at 2:00 Pm). This means, your 4.80 rupees of investment had risen by about 80166% in about 23 years.
If You had bought shares worth one thousand in January 2000, It would have become Rs 80166000 by now
196% Return in the last 9 Years
The Stock of Eicher Motors has jumped around 196 percent in the last 9 years. On November 07, 2014, the shares were at the level of Rs 1,300 and It is trading at the level of Rs 3,852. 50 (As of Nov 24 at 2:00 Pm).
An Investment of 1 Lakh on November 07, 2014, would have become 2.96 Lakh by now.
1 Lakh becomes 1.48 Lakh in last 3 years
In the last 3 years, the shares have risen by 48%. On November 26, 2018, shares of Eicher Motors were at the level of 2,549.20, and Today (As of Nov 24 at 2:00 P.m.) the shares are trading at the level of Rs 3,852.5.
59% Return in the last 5 Years
On 26 November 2018, the shares of Eicher Motors were at a level of Rs 2,340.53. Now, the Company’s stock is trading at Rs 3,852.5 (As of Nov 24, 2:00 PM)
If an investor had invested 1 lakh rupees on 26 November 2018, it could have become around 1.59 lakh.
Other Important Information
Current Trading Value - Rs 3852.5 (Nov 24 at 2:00 PM)
Market Cap - 1,06263 CR
52 Week Low - 2,836
52 Week High - 3,920
(Disclaimer - This is only an analysis of the performance of the stock in a given period of time. Jagran does not give any investment advice. Please take proper advice before investing)
