Multibagger stocks are companies that have delivered returns of more than 100 percent in dedicated time spans like 1 month, 6 months and 1 year. Here are the 3 midcap stocks that have delivered returns of up to 309 percent in the last six months.
BSE Limited
In the day’s trade, the shares of BSE Limited closed at Rs. 2,154, down 4.82 percent from its previous day’s close price of Rs. 2,263 and its market capitalization is Rs. 29,160 Crores.
It has delivered multi-bagger returns of 309 percent in the last six months and 287 percent in a year. A shareholder’s investment of Rs. 1 lakh in the company would be worth Rs. 4.09 lakh in the last six months.
The company’s revenue grew 8.07 percent from Rs. 808.93 Crores in FY22 to Rs. 874.2 Crores in FY23, accompanied by decreasing profits of Rs. 254.33 Crores to Rs. 220.67 Crores.
BSE Limited also known as Bombay Stock Exchange is Asia’s first and one of India’s leading stock exchange groups also making it the world’s fastest stock exchange with a speed of 6 microseconds. It provides a transparent market and exchange for trading in equity, debt instruments, derivatives, currency derivatives, mutual funds etc.
Kalyan Jewellers India Limited
In the same timeframe as above, the shares of Kalyan Jewellers India Limited closed at Rs. 334.65, up 6.64 percent from its previous day’s close price of Rs. 313.80 and its market capitalization is Rs. 34,321 Crores.
It has delivered multi-bagger returns of 212 percent in the last six months and 267 percent in a year. A shareholder’s investment of Rs. 1 lakh in the company would be worth Rs. 3.12 lakh in the last six months.
The company’s revenue grew 30.08 percent from Rs. 10,817.93 Crores in FY22 to Rs. 14,071.45 Crores in FY23, accompanied by increasing profits of Rs. 224.21 Crores to Rs. 433.11 Crores.
Kalyan Jewellers Limited is one of the largest retail jewellers in India, it is engaged in manufacturing and selling a wide range of jewellery and ornaments made of gold, silver, diamond and precious stones and metals.
Mazagon Dock Shipbuilders Limited
In the day’s trade, the shares of Mazagon Dock Shipbuilders Limited closed at Rs. 1,987, up 0.40 percent from its previous day’s close price of Rs.1,979.15 and its market capitalization is Rs. 40,120 Crores.
It has delivered multi-bagger returns of 168 percent in the last six months and 129 percent in a year. A shareholder’s investment of Rs. 1 lakh in the company would be worth Rs. 2.68 lakh in the last six months.
The company’s revenue grew 36.52 percent from Rs. 5,733.28 Crores in FY22 to Rs. 7,827.18 Crores in FY23, accompanied by increasing profits of Rs. 610.84 Crores to Rs. 1,119.03 Crores.
Mazagon Dock Shipbuilders Limited is one of India’s leading defence sector undertaking shipyards operating under the aegis of the Ministry of Defence. Mazagon undertakes the construction, repair, and refurbishment of warships and submarines at its dedicated facilities in Mumbai and Nhava.
Written by: Bharath K.S
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
