Big people failed and this small stock did wonders!
The way to earn money by investing in the stock market may seem easy, but it is not so. A lot of research and patience is required to earn good profits. Many times investors have difficulty in choosing such stocks, which give them great returns. Today we are going to tell you about such a multibagger stock, which has made its investors rich.
This was the share price 11 years ago
Here we are talking about RIR Power Electronics. The share price of multibagger penny stock RIR Power Electronics was Rs 9.20 in 2014. Now in the year 2025, the company's share is trading at Rs 2,086 on the bombay Stock Exchange (BSE). That is, in the last 11 years, its stock has jumped by a huge 1,986 percent. If an investor had invested Rs 1 lakh in this penny stock 11 years ago, the value of his Rs 1 lakh would have become Rs 2.26 crore today.
This is how the business was today
RIR Power Electronics' stock jumped by 5 percent on march 17. By 1 pm, its stock was trading at Rs 2,086.75 on BSE. In the last five years, the stock has jumped by a tremendous 6,631.45 percent. Long-term investors made huge profits from this. Meanwhile, the deal was not profitable for investors who invested money on RIR shares for a short time as the stock fell by more than 40 percent in the last six months.
Better performance even in a falling market
It is also worth noting here that despite the decline in the indian stock market, RIR Power Electronics' stock has increased by more than 10 percent in the last one month. However, year-on-year, the company's stock has fallen by 30.88 percent. Due to this, the share price has fallen from Rs 3,018.90 to the current market price. The revenue of RIR Power Electronics stood at Rs 20.42 crore in the third quarter of FY 2024-2025, which is 36.5 percent more than last year. The net profit of the company stood at Rs 1.48 crore, which is 32.14 percent more than last year.
