₹3.33 to ₹27.50: Penny stock turns multibagger. Rises 700% in four years

livemint.com:

Multibagger stock: Money magnet Charlie Munger once said that big money is not in the buying or selling, but in the waiting. This holds well when it comes to penny stock investment because investing in a stock means investing in a business, irrespective of its size. If a company is equipped enough to grow at a faster rate, then one should not look at the size of its business.

Similarly, if a stock is good enough for investing, one shouldn't look at whether it's a small-cap, mid-cap or large-cap, or even a penny stock. On how a penny stock may make you rich in a short time, one needs to look at Sakuma Exports shares. Led by a team of seasoned professionals with a proven track record in the industry, Sakuma Exports is well-positioned to continue its growth trajectory.

Sakuma Exports shares, a penny stock listed on Dalal Street, have proven to be a beacon of hope for investors, delivering stellar returns. Over the past four years, this small-cap penny stock has skyrocketed from ₹3.33 apiece to ₹27.50 apiece, marking an astounding 700 percent rise. This is a testament to the potential for high returns that penny stocks can offer.

In one month time, Sakuma Exports share price has appreciated from nearly ₹25 to ₹27.50 apiece level, recording 10 percent rise in this time. This increase can be attributed to the company's successful expansion into new markets and the positive impact of its strategic investments. In YTD time, Sakuma Exports share price shot up from 18.85 to ₹27.50 per share mark, logging nearly 46 percent rise in this time.