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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