Rs.8 to Rs.1437: Penny stock turns multibagger! Defence stock turns Rs.1 lakh into Rs.1.8 crore in 10 years
New Delhi, June 11 -- The Indian stock market has produced numerous multibaggers in recent years, creating substantial wealth for retail investors who believe that long-term investing is key to generating phenomenal returns.
One such stock is Nibe, a small-cap defence company that has maintained a steady upward trajectory on Dalal Street, scaling new highs year after year.
The company's shares have witnessed a largely one-way rally since 2022, barring a sharp pullback in the first quarter of 2025. However, the stock recovered all those losses in the following months and went on to deliver multibagger returns, establishing itself as one of the biggest wealth creators in recent times.
The shares began their bull run in June 2022 and cont...
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