Multibagger Stock: Pharma company made 63 thousand to 1 crore

The shares of Caplin Point Laboratories, a pharma sector company, are seeing a steady rise.

At the close of the market on Monday, November 14, its shares were trading at Rs 775.35, up 6 per cent

Domestic brokerage firm ICICI Securities has fixed a target price of Rs 955 on Caplin Point Laboratories shares

its shares have gained tremendously due to reasons such as increasing growth in the US, expansion plans and increasing portfolio.

Over the long term, Caplin Point Laboratories has given multibagger returns to its investors.  It has made investors millionaires by investing only 63 thousand rupees

Its shares were at a price of Rs 4.86 on November 11, 2011, which has increased 159 times to Rs 775.35 today.

That is, the capital of 63 thousand rupees invested in it at that time has become one crore today.

In how many years will the money be four times?