NLIC and its possibility to be a bluechip

when was NLIC multibagger? i considered from 2018 onwards and its 2023 value with yearly 215k (for first 4 years till 2021) investments yielded to 770k including bonuses.

Days are over for nlic it might grow it business but cannot become a multibagger like before

It issued excessive amount of bonus share which made it hard to provide bonuses. Plus most of the bonus was provided from FPO.
It will take a year or two to increase business to that point where it can give good dividends like of bluechip.
15%bonus share is a good dividend anyday if company can expand its business likewise.

I think NLICL will provide greater return than NLIC in this bull run, please provide opposing comments or maybe try to change my mind

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