Reliance-owned stock turns ₹1L into ₹1.1cr in 5 years
The shares of Lotus Chocolate Company have demonstrated the potential of long-term stock market investments. The company's share price has seen a surge from ₹303.50 to ₹1,766 on the BSE this year alone, marking a 480% rally in 2024. This small-cap stock is majority-owned by a Reliance Retail subsidiary, Reliance Consumer Products Limited (RCPL), which holds a 51% stake. Notably, an investment of ₹1 lakh five years ago and held throughout this period, would have turned into ₹1.09 crore today.
Share price history and impact on investment
Over the past five years, Lotus Chocolate's stock price has seen a significant increase from ₹16.20 to ₹1,766 per share. This represents a remarkable return of 10,800% for its long-term shareholders. In just one month, the stock has risen nearly 20% on the BSE. Over a six-month period, it has surged around 450%, demonstrating its strong performance in the market.
Investment growth in Lotus Chocolate shares
An investment of ₹1 lakh in Lotus Chocolate shares a month ago would have grown to around ₹1.20 lakh today. The same amount invested six months ago would now be worth ₹5.50 lakh. If the investment was made at the start of 2024, it would have appreciated to ₹5.80 lakh today, highlighting the significant returns this stock has provided to its investors over different periods.
Long-term investment yields high returns
An investment of ₹1 lakh in Lotus Chocolate shares a year ago would have grown to ₹5.60 lakh as of now. This underscores the high return potential of long-term investments in this particular stock.
