Investors in the stock market always look for shares that can give them high returns. Multibagger stocks are one of them, but they require patience and time to grow. One such stock is KDDL Limited, which has given massive returns over the years.
KDDL Share Price Growth Over 16 Years
The share price of KDDL Limited, which closed at ₹2,883 in Tuesday’s trading session, has grown by 17,373% over the past 16 years. It was once available at just ₹16.50 per share, but today it has increased 175 times.
If an investor had invested ₹1 lakh in KDDL shares 16 years ago and held onto them, the investment would now be worth ₹1.83 crore at today’s price.
Stock Performance and Fluctuations
On February 25, KDDL’s share price closed at ₹2,883 on the Bombay Stock Exchange (BSE) after falling by 8%. However, in the long term, the stock has shown a massive surge.
- Last 5 years: Increased by 1,016.10%
- Year-to-date (YTD) basis: Fell by 7% (from ₹3,098.25 to ₹2,883)
- Last 1 month: Increased by 25.18%
- Last 5 trading sessions: Increased by 30.46%
Company Overview
KDDL Limited had announced a share buyback last year in July. As per exchange filings, the company planned to buy back 2.37 lakh equity shares with a face value of ₹10 each.
Even though the stock has seen ups and downs, it has proved to be a profitable investment in the long run.
