An investment of Rs 3.25 lakh in this global tech company a year ago would have made you a crorepati today!

An investment of Rs 3.25 lakh in this global tech company a year ago would have made you a crorepati today!

by 5paisa Research Team Last Updated: Dec 11, 2022 - 02:37 pm 45.5k Views
Listen icon

Brightcom has given mindboggling multibagger returns of 2977% in one year and an astounding 6177% returns in three years.

As the bear grip tightens the Indian market, global tech company Brightcom has rallied 80.26% in the last one month, while it almost rose 1800 % in 6 months. The multibagger has given compounding returns on yearly basis, defying all rational expectations from the stock market.

The power of compounding exhibited by this multibagger on a timeline can be shown with an initial investment amount of Rs 1 lakh as under -

  • In one month, the stock has risen 80.26%, Rs 100,000 invested would have become Rs 180,260.

  • In six months, the stock jumped 1813.87%, Rs 100,000 invested would have become Rs 1,913,800.

  • In a year, Brightcom shares zoomed by 2977.21%, Rs 100,000 would have become Rs 3,077,000.

  • In three years, the stock has rocketed 6177.50%, Rs 100,000 would have become Rs 247,318,000.

As you can see three years ago, an investment of Rs 1 lakh would have fetched an investor Rs 2.47 crore approx, while an investment of Rs 1 lakh a year ago would have compounded into Rs 30.77 lakh in just three years.

Brightcom Group Limited consolidates Ad-tech, New Media and IoT based businesses across the globe, primarily in the digital eco-system. Brightcom consumer products division is focused on IoT. Its LIFE product is dedicated to the future of communication and information management in which everyday objects will be connected to the internet, also known as the Internet of Things (IoT). Headquartered in Hyderabad, Brightcom group has a global presence, in the US, Israel, Latin America ME, Western Europe and Asia Pacific regions. 

In the last trading session, the stock touched its 52-week high of Rs 125.55. At the time of writing this article, Brightcom is trading at Rs 131.30 with a gain of 5% on the bourses.

Share Market Today

How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage


About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
What you must know about M.V.K. Agro Food IPO?

M.V.K. Agro Food Product IPO was incorporated in the year 2018 to manufacture integrated sugar and other related products. M.V.K.

Juniper Hotels IPO Subscribed 2.08 times

The stock of Juniper Hotels IPO has a face value of ₹10 per share and the price band for the book building IPO has been set in the range of ₹342 to ₹360 per share. The IPO of Juniper Hotels Ltd will entirely a fresh issue of shares with no offer for sale (OFS) component.

Esconet Technologies IPO Lists 245.24% higher, but closes at -5% lower circuit

Bumper listing for Esconet Technologies IPO, then lower circuit