Multibagger Stocks: One multibagger stock a day! That’s the average of what D-Street got in last 2 years
Out of these 733 stocks, 54 of them have soared more than 1,000 per cent. However, the study does not include stocks listed during the pandemic era, which would increase the number of multibagger counters.
Tata Teleservices (Maharashtra) topped the charts with a rise of 8,327 per cent in the last two years. The scrip surged Rs 167.7 on March 25, 2022 from Rs 1.99 on March 24, 2020.
It was followed by Brightcom Group which jumped 5,675 per cent as the stock moved to Rs 89.5 from Rs 1.55. 3i Infotech advanced 4,279 per cent in absolute terms. However, the IT player went through an equity restructuring scheme.
ETMarkets.com
ETMarkets.comTanla Platforms (3,320 per cent up), Share India Securities (2,532 per cent up), Khaitan Chemicals (2,496 per cent up), Vishnu Chemicals (2,291 per cent up), Adani Total Gas (2,204 per cent up), Nahar Spinning Mills (2,195 per cent up) and Globus Spirits (2,119 per cent up) were among other top multibaggers in the last two years.
Nahar Poly Films, PG Electroplast, Syncom Formulations (India), Everest Kanto Cylinder, Urja Global, Borosil Renewables, Saregama India, DB Realty, Kopran, Intellect Design Arena, Greenpanel Industries, PTC Industries and Godawari Power And Ispat rallied between 1,500-2,000 per cent in the last two years.
Mastek, Trident, BCL Industries, Tata Elxsi, Adani Enterprises, Gulshan Polyols, Butterfly Gandhimathi Appliances, KPIT Technologies, JTL Infra, Adani Green Energy, Kabra ExtrusionTechnik, Balaji Amines, Pokarna, Poonawalla Fincorp and Adani Transmission gained up to 1,500 per cent during the pandemic years.
Ganesh Housing, Gokaldas Exports, Olectra Greentech, Fineotex Chemical, Acrysil, Expleo Solutions, HLE Glascoat, Manali Petrochem, Mcleod Russel, Jain Irrigation, Venus Remedies, Reliance Power, Tejas Networks, Jaiprakash Power, Sarda Energy & Minerals and Subex surged over 1,000 per cent each.
However, a number of these multibaggers have corrected from their new lifetime peaks, thanks to a surge in crude oil prices, rising inflation and war between Russia and Ukraine.
“Focus on companies that can manage inflationary pressures better, have some pricing power, solid technology, brand, distribution network and relationships,” Dipan Mehta, Director, Elixir Equities, said. “They can manage to pass on these cost increases caused by higher oil prices and continue to thrive and prosper even in difficult times,” he advised.
