Good chance to become a millionaire… Have you bought ..!
Coronary heart disease is declining across the country and is only now beginning to return to normal.
Last year, several countries, including India, implemented a lockdown to prevent the spread of corona. Thus the stock markets saw the worst decline.
This created fear at the time of how much more it would collapse. But since then the market has seen an unexpected rise. This is a good return for those who bought last year without fear of collapse.
Do not invest in the unknown
One thing that many who are a step further in investing in the stock market need to know is that Waroff Buffett, known as the father of the world stock market, started investing in the stock market at the age of 11. His quality mantra is not to invest in an incomprehensible business.
Invest in what you know
So you should only invest in a field that you know and understand. Because only if you invest in a well-understood, the well-known field can you know the intricacies of your investment. Only then can you know the changes that will take place in your investment.
When to picture greed
Be careful when everyone is greedy. Be Fearful When Others Are Greedy and Greedy When Others Are Fearful are the lines of Warren Buffett, known as the father of the stock market. This means that when everyone in the market is greedy, everyone buys shares without worrying about anything. They will buy a share at a much higher price than it deserves.
Will buy in speculation
Because the share price is rising. The greed that everyone can see good return on their investment in the short term. So in the hope that that particular stock will continue to rise, they will buy into the guesswork without worrying about anything like the market value of the company and the opportunities for business growth.
It May be corrected by data
For example, if a data item is released positively, everyone will buy on the assumption that the stock price will increase. But if unexpectedly that data comes in the opposite direction to the market, the stock market will start to slide. Even good stocks can slip at that time due to such unnecessary fear at that time.
This is the reason
But the stock price did not fall due to the poor performance of the company and the stock price fell due to other reasons. This is a current phenomenon. From this the share price will definitely recover because the share price will increase in the next quarter when the company’s profit account is as expected or higher than that. So this is the perfect place to buy.
Which company today?
So you can fully know about stock and then invest. In that sense, the part we are going to look at today is Kalpataru Power Transmission Limited. It has returned 112% in the last year alone. The share price has touched Rs 485.75 today as against Rs 228.6 on August 3, 2020.
How much boom?
The share price has risen 112% in the last 12 months. The Sensex has gained only 41% during the same period. If you had invested about Rs 1 lakh during this period and bought this share at a price of Rs 229 per lakh last year, you could have bought 400 shares.
How much is the profit?
Assuming its price today is 485 rupees, an investment of 1 lakh would be 1,94,000 rupees today. If the same 5 lakh rupees had been invested, its value today would be over 10 lakh rupees. A few lakhs in total would have been profitable.