The BSE Sensex took 137 trading sessions to cross the previous record high that it reached on December 01, last year. The benchmark index recently reached its record high of 63,601.71 points on Wednesday, after which it cooled off and was trading at 63,601 levels on Friday.
Here are a few stocks that managed to deliver multibagger returns between Sensex’s previous peak and its recent all-time high:
Aurionpro Solutions:
Aurionpro Solutions primarily provides software products and consulting services to the banking industry in India and overseas. Its share price increased from ₹ 260.75 to ₹ 1,009.10 apiece, giving multibagger returns of 287 percent. It is a small-cap company with a market capitalization of ₹ 2,441 crores.
Jindal Saw:
Jindal Saw Limited, the flagship company of PR Jindal group, is a leading global manufacturer and supplier of Iron & Steel pipes and pellets. Its share price increased from ₹ 77.25 to ₹ 235.90 apiece, giving multibagger returns of 205 percent. It is a small-cap company with a market capitalization of ₹ 7,374 crores.
Titagarh Rail Systems:
Titagarh Rail Systems primarily manufactures and sells freight wagons, passenger coaches, metro trains, train electricals, steel castings, specialised equipment & bridges, ships, and so on, in India and abroad. Its share price increased from ₹ 94.75 to ₹ 483.70 apiece, giving multibagger returns of 411 percent. It is a small-cap company with a market capitalization of ₹ 5,739 crores.
JBM Auto:
JBM Auto manufactures and sells sheet metal components, tools, dies & moulds and buses including the sale of spare parts accessories & maintenance contracts of buses. Its share price increased from ₹ 403.60 to ₹ 1,040.05 apiece, giving multibagger returns of 158 percent. It is a small-cap company with a market capitalization of ₹ 12,299 crores.
Usha Martin:
Usha Martin manufactures and sells steel wires, strands, wire ropes, cords, related accessories, and so on. It is also involved in the sale of other products such as wire drawing and allied machines. Its share price increased from ₹ 107.30 to ₹ 277.90 apiece, giving multibagger returns of 159 percent. It is a small-cap company with a market capitalization of ₹ 8,446 crores.
Written By Simran Bafna
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