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Multibagger Stock: This stock gave returns of up to 700 percent in two months, do you have it?

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Multibagger Stock: Amidst the huge turmoil in the stock market, the share price of Kohinoor Foods has registered a rise of 700 percent during the last two months. After the lifting of the ban on trading of Kohinoor Foods shares on April 6, the company’s shares have jumped 700 per cent to Rs 62.25 per share. Its shares were priced at Rs 8 per share in April.

The company deals in Basmati Rice, Atta, Ready-to-Eat Curry and Meals, Simmer Sausage, Spice Paste, Seasonings and Frozen Food. In today’s era, when there is a tremendous decline in the stock market, even in that era, there has been tremendous growth in the shares of Kohinoor Foods, which has given great returns to its investors.

NSE seeks clarification from Kohinoor Foods
NSE sought clarification from Kohinoor Foods in view of the rise in the shares of the company. The company clarified on 19 April that the rise in shares is market driven and the management of the company has nothing to do with it.

Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)

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