₹2.5 to ₹86: Penny stocks turns multibagger. Rises 3300% in two years. Do you own?

livemint.com:

Small-cap multibagger stock below ₹100: Servotech Power shares are one of the multibagger stocks that Indian stock market has produced in last 2023. In fact, in last one year, this small-cap stock below ₹100 has risen from around ₹2.50 to ₹86 apiece levels on NSE, logging over 3300 per cent rise in this time. So, the penny stock turned a multibagger penny stock in last two years, turning ₹1 lakh of its positional investors to ₹34 lakh in mere two years time.

This multibagger stock has remained a money making stock for its shareholders in all time horizons. In last one month, this small-cap stock has risen from near ₹83 to ₹86 apiece levels, delivering more than 3 per cent return in this time. In lst six months, this multibagger penny stock has surged from around ₹20.65 apiece levels to ₹86 per share levels, giving over 300 per cent return to its shareholders.

In YTD time, Servotech Power share price has ascended from ₹16.20 to ₹86 per share levels, clocking more than 430 per cent appreciation in this time. In last one year, this small-cap stock has appreciated from ₹6 to ₹86 apiece levels, logging over 1300 per cent in this time. Likewise, in last two years, this multibagger penny stock has risen from ₹2.50 per share to ₹86 apiece levels, clocking over 3300 per cent rise in this time.

Taking cue from Servotech Power share price history, if an in investor had invested in this multibagger stock one month ago, its ₹1 lakh would have turned to ₹1.03 lakh today whereas it would have turned to ₹4 lakh today. If an investor had invested ₹1 lakh in this small-cap stock below ₹100 at the beginning of new year 2023, its ₹1 lakh would have turned to ₹5.30 lakh today. Likewise, if an investor had invested ₹1 lakh in this multibagger