Multibagger Share: The leading interior and exterior designing products manufacturer stylam Industries has delivered bumper returns to investors. In the last 10 years, the shares of Stylam Industries have gained more than 19,530%. If you had invested Rs 10,000 10 years ago, maintained investment till now then it would have become Rs 19.63 lakh at present.
Multibagger Share Surged 19,530%
The shares of Stylam Industries touched a new record high of Rs 2,024 on Tuesday, July 2. Shares have offered more than 19,530% in the last 10 years. The shares of Stylam Industries were trading at Rs 10 in May 2014 which now has increased to Rs 1,963. An investment of Rs 10,000 in 2014 would have become Rs 19.63 lakh rupees as of today.
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Stylam Industries Share Price History
The shares of Stylam Industries have given a decent return of 14% YTD. In the month of June, it has gained as much as 24%. Similarly the share price of Stylam Industries decreased 4.24% in May, Marginally 1.31% up in April. Also in January, February and March the stock price had a fall of 2.14% and 4.31%Â 0.63% respectively.
Currently the share closed at Rs 1,963.05 with a marginal gain of 0.76% on Tuesday, July 2. The 52-week high of this stock is Rs 2,024 and 52-week low is Rs 1,406.80 respectively.
Stylam Industries Share Price Target
According to a renowned market expert the share price target for Stylam Industries is given as Rs 2,200 in near term. Experts also advised a support level at Rs 1,400. However, the shares are currently showing positive signs of a bullish trend so Investors looking for short term gain can invest accordingly.
About the Company
Stylam Industries is a well-known company that produces high quality decorative laminates and allied products. Apart from this, the company also manufactures solid acrylic surfaces and panels.
The company has a market cap of Rs 3,326.99 crore. The company has shown a good profit and revenue growth in the last 3 years. Promoter holds majority of the stake with 54.61%.
Investors should keep an eye on the stock for future growth opportunities.
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