“Investing in the stock market is risky.” This proverb is quite familiar to investors in Bengali. However, as the saying goes, if you learn not to take risks, it is better to keep your distance from the stock market. But Spice Lounge Food Works is literally explaining that you can make a profit by taking risks, practically putting a stone in your chest, and investing your hard-earned money in various stocks. You will be surprised to know that the stock of this company (Multibagger Stock) has been hitting the upper circuit for 7 consecutive trading sessions. On Thursday, the price of this small cap increased by 5 percent and stood at Rs 65.53.
1 lakh to 55 lakh in 5 years
Amidst the intense uncertainty of the stock market, Spice Lounge Food Works has been consistently putting smiles on the faces of its customers. Last Wednesday, the shares of this company closed at Rs 62.41 on the National Stock Exchange. Just a day later, on Thursday, the stock price opened at 65 taka and reached 65.53 taka in one fell swoop. At the moment, this stock is trading at 65.5 taka. Which is the highest in the last one year.
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Needless to say, this Indian company has made huge profits in the past few days. Due to which the company’s shares have increased tremendously. Let us say, the price of this stock has increased by more than 53 percent in the last one month. However, if the calculation is done in the last 6 months, this stock has given 264 percent return to its customers in 360 days. Which is really incredible.
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It doesn’t end here, this stock, which gave 21 percent return in the last one week, has given 1,131 percent return to its customers in one year. And in five years, this stock has given 5,500 percent or more return to its investors. That is, if a person had invested 1 lakh taka in this stock 5 years ago, he would have received 55 lakh or more today.
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It is worth noting that the Indian company Spice Lounge Food Works has earned a huge amount of profit from its business in the past few days. According to the latest report given by the company, the net profit of this company has increased by 300 percent in just one year. Experts say that this company has benefited from all aspects in the domestic market. As a result, the price of the company’s stocks has also increased due to the huge profit. Due to which, investors have naturally received much higher returns than expected.
(Note: Investing in the stock market is subject to financial risk. Do not invest in any stock just by reading this report. This news is mainly prepared to provide information related to the stock market to the readers. Before making any decision regarding recruitment, take expert advice.)