₹1.95 to ₹215: Multibagger penny stock turns ₹1 lakh into ₹1.10 crore in four years

Multibagger penny stock: Shares of Dhruva Capital Services have witnessed a remarkable surge over the past few years, consistently hitting new highs and achieving significant milestones.

From a modest ₹1.95 per share four years ago, the stock has skyrocketed an impressive 2,936.78 per cent to currently trade at ₹215 per share.

For perspective, if someone had invested ₹1 lakh in Dhruva Capital Services' stock four years ago and stayed put, the investment would now have grown to ₹1.10 crore.

However, the multibagger stock has failed to impress short-term investors as it has fallen over 32.80 per cent in a month and over 43.67 per cent in a year.

On Thursday, Dhruva Capital Services share price dipped over 5 per cent to hit a fresh 52-weel low of ₹214.70 per share, against the previous close of ₹225.95.

Dhruva Capital Services share price history

This multibagger penny stock has remained in the base-building mode for the last one year, delivering zero returns to its shareholders. However, for long-term investors, it has turned out to be a wealth-creating stock. 

Despite shedding over 30 per cent in one month and over 40 per cent in a year, this penny stock is one of the multibaggers that has outperformed key benchmark indices by a huge margin. 

In the last two years, this multibagger stock has risen from around ₹33 apiece to ₹215 per share, logging around 550 per cent rise. In the last three years, this multibagger penny stock has risen from around ₹6 to ₹215 per share mark, logging a nearly 3,500 per cent rally in this time horizon. Likewise, in the last four years, this multibagger penny stock has risen from ₹1.95 apiece to ₹215 per share, recording over 110 times rise.

Impact on investment

Taking a cue from Dhruva Capital Services share price history, if an investor had invested ₹1 lakh in this stock one month or six months ago, its ₹1 lakh would have turned to ₹70,000 today. If the investor had invested ₹1 lakh in this multibagger penny stock one year ago, its ₹1 lakh would have turned to ₹60,000 today. However, if an investor had invested ₹1 lakh in this multibagger stock two years ago, the investment would have swelled to ₹6.50 lakh today. Likewise, an investment of ₹1 lakh in this multibagger penny stock three years ago, would have turned into ₹36 lakh today.

Similarly, if an investor had invested ₹1 lakh in this multibagger penny stock four years ago while bottom fishing during the second wave of Covid-19, ₹1 lakh would have turned into ₹1.10 crore. 

Dhruva Capital Services financial results

The company had announced its financial results for the quarter ending December 2024 on February 12, 2025.

Dhruva Capital Services reported a 69.23 per cent decline in net profit, reaching ₹0.08 crore in the quarter ended December 2024, compared to ₹0.26 crore in the same quarter of the previous year.

Meanwhile, the company's sales surged 93.75 per cent to ₹0.62 crore in December 2024, up from ₹0.32 crore in December 2023.

Dhruva Capital Services Limited is an India-based non-banking financial company (NBFC), which is engaged in the business of Investment and Financing. The Company's operations are based primarily on one segment, that is, financial services such as hire-purchase, lease, interest on ICD, loans, and advances.

Its products include individual products and business products. Its business products include Business Loan, Channel Financing Loans, Invoice Discounting Solutions, Purchase Order Funding Solutions, Working Capital Demand Loans, Commercial Vehicle Finance, Construction Finance, among others. Its individual products include personal loans, loans against property, and gold loans.

Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.