{"id":6211,"date":"2021-12-24T16:36:04","date_gmt":"2021-12-24T11:06:04","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=6211"},"modified":"2021-12-24T16:36:05","modified_gmt":"2021-12-24T11:06:05","slug":"digjam-penny-stock","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/digjam-penny-stock\/","title":{"rendered":"This Multibagger Penny Stock Doubled The Money In 1 month"},"content":{"rendered":"\n<p>A large number of stocks have entered the list of <a href=\"https:\/\/www.tickertape.in\/blog\/a-multibagger-stock-that-has-further-upside-potential\/\">multibagger<\/a> stocks in 2021 in the previous year and a half. In this participation boom on Dalal Street, a huge number of <a href=\"https:\/\/www.tickertape.in\/stocks\/collections\/penny-stocks?utm_source=blog&amp;utm_medium=article\">penny stocks<\/a> have produced multibagger returns for their investors. <a href=\"https:\/\/www.tickertape.in\/stocks\/digjam-DIGJ?&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Digjam<\/a> is now a multibagger penny stock in India. The penny textile stock rose from Rs. 0.97 to Rs. 194 in the past 3 yrs, signifying a 19,900% growth.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/blog\/digjam-penny-stock\/#History-of-the-Digjam-stock-price\" title=\"History of the Digjam stock price\">History of the Digjam stock price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/blog\/digjam-penny-stock\/#The-effect-on-investments\" title=\"The effect on investments\">The effect on investments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/digjam-penny-stock\/#Alpha-returns-in-3-yrs\" title=\"Alpha returns in 3 yrs\">Alpha returns in 3 yrs<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"History-of-the-Digjam-stock-price\"><\/span><strong>History of the Digjam stock price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Based on Digjam&#8217;s performance, this <a href=\"https:\/\/www.tickertape.in\/blog\/multibagger-penny-stock-flomic-global-logistics\/?utm_source=blog&amp;utm_medium=article\">multibagger penny stock<\/a> rose from Rs. 66.60 to Rs. 194 each last month, up roughly 90%. This penny stock also rose northwards from Rs. 3.98 to Rs. 194 in the last year and recorded an increase of around 4,800%. Within 3 yrs, the price of this multibagger penny stock share has risen from Rs. 0.97 to Rs. 194 per share, registering ~200x during that period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The-effect-on-investments\"><\/span><strong>The effect on investments<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you had invested Rs. 1 lakh in this stock a month ago, it would have become Rs. 1.90 lakh today. This action 3 mth ago would have turned your Rs. 1 lakh into Rs. 11 lakh today. If you had invested Rs. 1 lakh in this penny stock a year ago and stayed in it to this day, it would be Rs. 49 lakh. Likewise, if you had invested Rs. 1 lakh in this stock 3 yrs ago and it remained invested in this multibagger penny stock to this day, your Rs. 1 lakh would have become Rs. 2 cr. today.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Alpha-returns-in-3-yrs\"><\/span><strong>Alpha returns in 3 yrs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This multibagger penny stock is also one of the <a href=\"https:\/\/www.tickertape.in\/blog\/alpha-and-beta-in-mutual-funds\/\">alpha<\/a> stocks in 2021. The alpha of a portfolio is the excess return it produces compared to a benchmark <a href=\"https:\/\/www.tickertape.in\/blog\/stock-market-index\/\">index<\/a>. An alpha of one (the baseline value is zero) indicates that the <a href=\"https:\/\/www.tickertape.in\/blog\/return-on-investment\/\">return on investment<\/a> surpassed the general market average by 1% over a defined time period.<\/p>\n\n\n\n<p>It has beaten major <a href=\"https:\/\/www.tickertape.in\/blog\/sensex-and-nifty\/\">benchmark indices<\/a> by a wide <a href=\"https:\/\/www.tickertape.in\/blog\/margin-requirements\/\">margin<\/a>. In the same 3 yrs, <a href=\"https:\/\/www.tickertape.in\/indices\/nifty-index-.NSEI?utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">NSE Nifty<\/a> generated around 57.60% return while BSE <a href=\"https:\/\/www.tickertape.in\/blog\/sensex-companies\/\">Sensex<\/a> returned around 59%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If an investor had invested Rs. 1 lakh in this multibagger penny stock 3 mth ago, it would have grown to Rs. 11 lakh today. Read more about it.<\/p>\n","protected":false},"author":54,"featured_media":6130,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[10,1744],"tags":[283,1124],"acf":[],"modified_by":"Ayushi Mishra","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/12\/5-1.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6211"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=6211"}],"version-history":[{"count":2,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6211\/revisions"}],"predecessor-version":[{"id":6213,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6211\/revisions\/6213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/6130"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=6211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=6211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=6211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}