This is a long term Investment Idea using the Buy Only indicator.
Amararaja has given a multifold return over the years. They make batteries - its future seems to be bright!
In Feb '2011
Rs . 1,000 invested in this trade would've
possibly have become 21,459.65
by the end of this trade in about 4.5 yrs
Bank FD would double (with bank rates in 2011)
in 5 to 7 yrs. This is 21x returns in 4.5 yrs.
That is why investing is great way to build wealth!
*no dividends, bonus, etc taken into consideration
*Never put all your eggs in the same basket! Typically should diversify investments to absorb shocks*
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