Stocks and Investing
Source : (remove) : News18
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Stocks and Investing
Source : (remove) : News18
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This Stock Soared Over 9,800% In 5 Years, Turning Investors Into Millionaires

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  Tinna Rubber and Infrastructure closed at Rs 949.95 on BSE on March 13, 2025. Just five years ago, on February 19, 2020, the stock was trading at a mere Rs 9.55.

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The article from News18 discusses the remarkable performance of Waaree Renewable Technologies Ltd., a company involved in solar energy solutions. Over the past five years, Waaree Renewable's stock has surged by over 9,800%, transforming investors into millionaires. Initially priced at around ₹13 in 2018, the stock has now reached ₹1,300. This growth is attributed to the company's strategic focus on solar energy, which has seen increased demand due to global pushes towards renewable energy sources. The article highlights how an investment of ₹1 lakh in 2018 would now be worth over ₹98 lakh, showcasing the stock's potential for wealth creation. However, it also cautions that past performance does not guarantee future results, and investors should consider the inherent risks of stock market investments.

Read the Full News18 Article at:
[ https://www.news18.com/business/this-stock-soared-over-9800-in-5-years-turning-investors-into-millionaires-ws-ad-9264300.html ]