An investment of Rs 1 lakh in Bajaj Finance stock on September 3, 2009 would have grown to Rs 1.86 crore today.
When I am writing this blog price of Bajaj Finanace Share is approx. 4108 (November 27,2019 at 11:45 am) . It shows that suppose you had an investment of Rs 1 lakh in Bajaj Finance stock on September 3, 2009 would have grown to Rs 1.86 crore today (November 27,2019 at 11:45 am) .You may ask how? here is the proof in following table:
You can see that if you had invested Rs. 1 lac on Sep 3,2009 ,you might have got approx. 4550 shares which worth 1 crore and 86 lac indian rupees, as on today. i.e 4550 total shares held * Rs. 4108 Current market price)
Actually ,I inspired to write this blog after watching the following video from
I have calculated 60 months returns on Rs. 1 lac investment also using DIYSIP tool available at https://www.hdfcsec.com/product/diysip .
I am sharing screenshot for your consideration:
For more information about this stock you can read following article :
Now most important thing ,there might be a question in our mind that is there any prospect in future too or not? I think yes but it is my own perspective as stock market investment is always subject to risk attached.
I have calculated CAGR (Compound Annual Growth Rate) using https://www.thecalculatorsite.com/finance/calculators/cagr-calculator.php
and answer is 67%