Goldman Sachs, a global investment banking and financial services firm, stands as a leading player in the finance industry. Renowned for its diverse financial offerings, it provides investment banking, securities, and asset management services, influencing global markets with its expertise and innovation.
A multi-bagger refers to a stock or investment that experiences significant, often exponential, gains, delivering returns multiple times higher than the initial investment. Investors seek multi-baggers for substantial wealth creation, often resulting from favorable market conditions or the company’s exceptional performance.
Here is the list of multi-bagger stocks in the Goldman Sachs portfolio:-
Pricol Ltd
Pricol Limited manufactures and sells instrument clusters and other associated car components to OEMs and the replacement markets.
With a market capitalization of Rs 4,969.11 crore, the shares were trading at Rs 407.70 per share, increasing around 0.28 percent as compared to the previous closing price.
Goldman Sachs India holds 26,93,145 equity shares which is equivalent to 2.21 percent of the company as of December 2023.
It has delivered returns of 25.10 percent in the last six months and a multi-bagger return of 113.14 percent in a year. A shareholder’s investment of Rs. 1 Lakh in the company would be worth Rs. 2.13 Lakh in a year.
The company’s revenue stood at Rs 573 crore in Q3FY24, during the same time frame, net profit stood at Rs 34 crore.
Sterling and Wilson Renewable Energy Ltd
Sterling and Wilson Solar Ltd. is a prominent global provider of end-to-end solar engineering, procurement, and construction (EPC) solutions, as well as solar power project operation and maintenance (O&M).
With a market capitalization of Rs 14,095.02 crore, the shares were trading at Rs 604.85 per share, increased around 0.94 percent as compared to the previous closing price.
Goldman Sachs India holds 28,47,915 equity shares which is equivalent to 1.22 percent of the company as of December 2023.
It has delivered returns of 58.62 percent in the last six months and a multi-bagger return of 100 percent in a year. A shareholder’s investment of Rs. 1 Lakh in the company would be worth Rs. 2.00 Lakh in a year.
The company’s revenue stood at Rs 583 crore in Q3FY24, during the same time frame, net loss stood at Rs 62 crore.
Ethos Ltd
Ethos Ltd is an Indian firm that sells luxury and premium watches. Through its online and physical presence, the company aims to provide a content-driven shopping experience. It provides an omnichannel experience through its website and social media channels.
With a market capitalization of Rs 6,790.51 crore, the shares were trading at Rs 2,773.85 per share, increased around 3.16 percent as compared to the previous closing price.
Goldman Sachs India holds 3,10,018 equity shares which is equivalent to 1.27 percent of the company as of December 2023.
It has delivered returns of 67.08 percent in the last six months and a multi-bagger return of 177.45 percent in a year. A shareholder’s investment of Rs. 1 Lakh in the company would be worth Rs. 2.77 Lakh in a year.
The company’s revenue stood at Rs 281 crore in Q3FY24, during the same time frame, net profit stood at Rs 26 crore.
Written by:- Abhishek Singh
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