Multibagger stocks with low debt are highly sought after by investors for their potential to deliver exceptional returns with lower financial risk. These companies often showcase strong fundamentals, sustainable growth, and efficient capital management.
Low debt ensures resilience during economic downturns, while multibagger potential signals robust long-term value, making them attractive for wealth creation in equity portfolios.
Here are a few low-debt multibagger stocks with upto 234% returns delivered
1. BSE Ltd
BSE Limited is an India-based stock exchange company that provides a transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds, and stock lending and borrowing.
With a market capitalization of Rs 96,297 crore, the shares closed at Rs 2,371 per share, decreased around 3.86 percent as compared to the previous closing price. The company debt to equity ratio is ‘Zero’.
BSE has delivered exceptional returns, with a staggering 234.06% gain over the past year and 47.58% in just six months, reflecting strong market momentum. Over a five-year period, the exchange’s return surged an astounding 4,643.38%, underscoring its robust long-term performance and investor confidence in India’s capital markets and economic growth trajectory.
2. JSW Holdings Ltd
JSW Holdings Limited operates in various sectors, including steel, energy, infrastructure, cement, paints, venture capital, and sports. The Company also operates in various countries, such as India, the United States, Europe, and Africa. The Company’s associate companies include Sun Investments Private Limited and Jindal Coated Steel Private Limited.
With a market capitalization of Rs 24,104 crore, the shares closed at Rs 21,715 per share, increased around 0.22 percent as compared to the previous closing price. The company debt to equity ratio is ‘Zero’.
JSW Holdings Ltd has delivered exceptional long-term returns, gaining over 1,039% in five years, reflecting strong underlying asset performance. The stock rose 208% in the past year and 22.57% in six months, indicating sustained investor confidence. As a holding company of the JSW Group, its performance aligns with the group’s robust growth across steel, energy, and infrastructure sectors.
3. Reliance Power Ltd
Reliance Power Limited develops, constructs, and operates power projects both in India and internationally. The Company has a portfolio of power generation capacity, both in operation as well as capacity under development. It is involved in coal, gas, hydro, wind, and solar-based energy projects.
With a market capitalization of Rs 26,829 crore, the shares closed at Rs 64.9 per share, increased around 0.48 percent as compared to the previous closing price. The company debt to equity ratio is 0.93.
Reliance Power Ltd has delivered impressive returns, gaining 130.85% over the past year and 50.71% in the last six months, signaling strong near-term momentum.
Over a five-year period, the stock has surged a remarkable 1,579.49%, reflecting significant long-term value creation. This performance suggests renewed investor confidence and potential turnaround from its earlier struggles.
4. Godfrey Phillips India
Godfrey Phillips India Limited is an India-based fast-moving consumer goods (FMCG) company. The principal activities of the Company are the manufacturing of cigarettes and tobacco products, trading of cigarettes, tobacco products, and other retail products, acquisition of securities, and real estate development.
With a market capitalization of Rs 44,209 crore, the shares closed at Rs 8,503 per share, decreased around 0.31 percent as compared to the previous closing price. The company has a negligible debt-to-equity ratio of 0.03.
Godfrey Phillips India Ltd has delivered exceptional stock performance, with a 1-year return of 101.40% and a 71.06% gain over the past six months, indicating strong near-term momentum.
Over a 5-year horizon, the stock has surged 782.01%, reflecting robust long-term value creation driven by consistent earnings growth, operational efficiency, and investor confidence in its business strategy.
Written by Abhishek Singh
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