It’s every investor’s dream to find that one “hidden gem” that turns a modest savings account into a fortune. While the stock market is often seen as a gamble, the story of NGL Fine-Chem is a perfect example of how patience and the right pick can literally make you a crorepati.

The Phenomenal Rise: From Lakhs to Crores

Looking back at the data, NGL Fine-Chem has proven to be a true multibagger. If we look at the long-term trajectory, this stock has delivered returns that seem almost unbelievable.

About 10 to 12 years ago, the stock was trading at a very low price—essentially a “penny stock” territory. If an investor had the foresight (and the stomach) to invest just ₹1 lakh into this chemical company back then and held onto it despite the market’s ups and downs, that investment would be worth over ₹1 crore today. We are talking about a growth of over 10,000% in a decade.

What is NGL Fine-Chem?

For those who aren’t familiar with the name, NGL Fine-Chem is a pharmaceutical company that specializes in manufacturing Active Pharmaceutical Ingredients (APIs) and intermediates, specifically for the veterinary and human healthcare sectors.

While big names like Reliance or Tata grab the headlines, it’s often these niche chemical players that provide the most explosive growth. Their focus on high-quality exports and specialized chemical processes has allowed them to maintain strong margins, which eventually reflected in the skyrocketing share price.

The “Holding” Lesson

The most important takeaway from the NGL Fine-Chem story isn’t just the company’s success, but the power of “Time in the Market.” Many investors likely bought this stock and sold it when it doubled or tripled. But the ones who became crorepatis were those who didn’t panic during market crashes and stayed invested for the long haul.

Is It Still a Good Buy?

While past performance is never a guarantee of future results, the company continues to show resilience. However, for retail investors, the lesson here is more about the strategy: finding companies with low debt, specialized products, and strong management before they become “famous.”

Read More: The Stock That Turned Regular Investors into Millionaires in Just 10 Years