Every investor, be it a long-term or a short-term investor, does a deep analysis of stocks in their circle of competence and keep hopes that it could generate a decent amount of returns. However, there are some companies that are noted to deliver more-than-expected returns, and that too within a short span of the investment horizon.
Listed below are 3 such stocks that gave Multibagger returns in the past 3 months:
WPIL Limited
WPIL Limited is engaged in the business of developing, designing, manufacturing, commissioning, and servicing different-sized pumps and pumping systems. The product portfolio of the company includes pumps, pump spares, accessories, etc. The group has operations within India and also performs operations outside the country. The company has a market capitalization of Rs 2,733 crores.
The company has generated multibagger returns of 151 percent in the past 3 months which means that if someone would have invested Rs 1,00,000 in the stock, it would have converted to Rs 2,51,000 within a period of 3 months.
Having a quick glance at the financials of the company, it reported an increase in revenues as well as net profits with the former increasing from Rs 404 crores in Q2 v/s Rs 507 crores in Q3 and the latter moving from Rs 26 crores to Rs 84 crores during the same period.
Suryalata Spinning Mills Limited
Suryalata Spinning Mills Limited, operating in the Textile division, is engaged in the business of producing different Synthetic Yarns like 100% Viscose (VSF) Yarns, 100% Polyester (PSF) Yarns, PSF & VSF Blended Yarns and Value Added Yarns that are suitable for shirting, suiting, and knitting. The company has a market capitalization of Rs 450 crores.
The company has generated multibagger returns of 252 percent in the past 3 months which means that if someone would have invested Rs 1,00,000 in the stock, it would have converted to Rs 3,52,000 within a period of 3 months.
Having a look at the financials of the company, it reported an increase in revenues from Rs 116 crores in Q2 v/s Rs 124 crores in Q3. On a contrasting note, the PAT figures moved down from Rs 9 crores to Rs 7 crores during the same period.
Remedium Lifecare Limited
Remedium Lifecare Limited is a pharmaceutical company engaged in the business of trading in API Intermediates and various other raw materials used in API trading. It operates in both, Domestic as well as International markets including the regulated markets. The company has a market capitalization of Rs 655 crores.
The company has generated multibagger returns of 614 percent in the past 3 months which means that if someone would have invested Rs 1,00,000 in the stock, it would have converted to Rs 7,14,000 within a period of 3 months.
Having a quick walkthrough of the financials of the company, it reported an increase in revenues from Rs 158 crores in Q2 v/s Rs 176 crores in Q3. On a contrasting note, the PAT figures moved down from Rs 2.2 crores to Rs 1.5 crores during the same period.
Written by Amit Madnani
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