3 Multibagger small cap stocks that delivered returns of up to 250% in 3 months; Do you hold any?

The Benchmark indices hit a record high yesterday and currently show a dip in the index prices with the Sensex standing at Rs 65,749.73 and the Nifty 50 index present at Rs 19,469.50 

Listed below are three small-cap stocks that have delivered multibagger returns of up to 250 percent within a period of three months: 

Olectra Greentech Limited 

The shares of Olectra Greentech Limited are currently trading today at Rs 1,363, a flat movement as compared to the previous closing levels of Rs 1,362.60 apiece. The company has a market capitalization of approximately Rs 11,200 crores. 

Keeping a purview of three months, the stock has been successful in delivering multibagger returns of around 111 percent, i.e., from Rs 638 during mid of April 2023 to the current price levels. 

It means that if someone would have invested Rs 1 Lakh into the stock, it would have converted to Rs 2.11 Lakhs within a period of three months. 

Olectra Greentech Limited is engaged in the process of manufacturing Electric Buses and Polymer Insulators in India. 

Datamatics Global Services Limited 

The shares of Datamatics Global Services Limited are currently trading today at Rs 660, gaining about 2 percent as compared to the previous closing levels of Rs 646.80 apiece. The company has a market capitalization of Rs 3,900 crores. 

Keeping a purview of three months, the stock has been successful in delivering multibagger returns of around 120 percent, i.e., from Rs 300 during mid of April 2023 to the current price levels. 

It means that if someone would have invested Rs 1 Lakh into the stock, it would have converted to Rs 2.20 Lakhs within a period of three months. 

Datamatics Global Services Limited offers Artificial Intelligence (AI), Hyperautomation, Internet of Things (IoT), Machine Learning (ML), and many other solutions. 

Servotech Power Systems Limited 

The shares of Servotech Power Systems Limited are currently trading today at Rs 163.75, slipping around 3.30 percent as compared to the previous closing levels of Rs 169.55 apiece. The company has a market capitalization of Rs 1,740 crores.

Keeping a purview of three months, the stock has been successful in delivering multibagger returns of around 243 percent, i.e., from Rs 47.70 during mid of April 2023 to the current price levels. 

It means that if someone would have invested Rs 1 Lakh into the stock, it would have converted to Rs 3.43 Lakhs within a period of three months. 

Servotech Power Systems Limited is a company based in India that is engaged in the process of manufacturing, trading, and exporting UPS, LED, solar products, etc. 

Written by Amit Madnani

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