Known as “multibagger stocks,” shares of Chennai Petroleum Corporation Limited are among the stocks that have witnessed a remarkable increase in the Indian stock market in recent times. The value of these stocks has the potential to increase several times over.
During the early morning session, there was a significant buying of the multibagger stock. Within minutes of the Opening Bell, the share price of Chennai Petroleum Corporation reached an intraday high of ₹1,234.80 per share, after opening with an upside gap at ₹1,100 per share on the NSE today.
As of 2:41 pm, Chennai Petroleum Corporation shares were trading 13.55% higher at ₹1231.00.
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