Large-cap companies in the Indian context are those companies that have a market capitalization of ₹25000 crores or more. These companies are usually well established and are very stable even during negative events. In general, these companies have covered about 80% of the total money that is circulating in the stock market.
A few large-cap companies have given Multibagger returns in the past year. Here is a list of five multibagger large-cap stocks that have increased the wealth of their investors:
Tata Teleservices (Maharashtra) Limited
The company is a leading player in the connectivity and communication solutions space and it serves enterprise customers. It has a market capitalization of ₹ 37710.54 crores.
Its market price as of April 01, 2021, was ₹ 13.45 and on 31 March 2022, it was ₹175.00 apiece, hence giving multibagger returns of 1201.12%. This means that if an investor would have invested ₹1 lakh a year ago, the value of their holdings would have been ₹13 lakhs today!
Gujarat Fluorochemicals Ltd
It is an Indian Chemicals company with over 30 years of experience in Fluorine Chemistry. It holds domain expertise in Fluoropolymers, Fluorospecialities, Refrigerants and Chemicals, catering to the material requirements of the modern world. It has a market capitalization of ₹ 32135.39 crores.
Its market price as of April 01, 2021, was ₹ 608.35 and on 31 March 2022, it was ₹3794.85 apiece, hence giving multibagger returns of 359.42%. This means that if an investor would have invested ₹1 lakh a year ago, the value of their holdings would have been ₹4.5 lakhs today!
Trident Ltd
It is the flagship company of the trident group and is a leading manufacturer of yarn, linens, paper, chemicals and captive power. It has a market capitalization of ₹ 27039.76 crores.
Its market price as of April 01, 2021, was ₹ 14.00 and on 31 March 2022, it was ₹53.7 apiece, hence giving multibagger returns of 283.57%. This means that if an investor would have invested ₹1 lakh a year ago, the value of their holdings would have been ₹3.8 lakhs today!
JSW Energy Ltd
The company along with its subsidiaries is engaged in the business of power generation. It is also in a joint venture that is engaged in mining activities and an associate company engaged in the manufacturing of turbines. It has a market capitalization of ₹ 55906.14crores.
Its market price as of April 01, 2021, was ₹ 86.55 and on 31 March 2022, it was ₹309.2 apiece, hence giving multibagger returns of 257.25%. This means that if an investor would have invested ₹1 lakh a year ago, the value of their holdings would have been ₹3.5 lakhs today!
Tata Elxsi Ltd
The company is among the world’s leading design and technology services providers across industries like Automotive, Broadcast, Communications, Healthcare, and Transportation. They deal with the design and application of digital technologies such as artificial intelligence, IoT, cloud, mobility, and virtual reality. It has a market capitalization of ₹ 55270.34 crores.
Its market price as of April 01, 2021, was ₹ 2855.80 and on 31 March 2022, it was 8912.8 apiece, hence giving multibagger returns of 212.10%. This means that if an investor would have invested ₹1 lakh a year ago, the value of their holdings would have been ₹3.1 lakhs today!
Disclaimer
The content in this news article is not investment advice. 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.