Some parts of the country are celebrating the festival on March 07, while a few others are celebrating on March 08.
Indian equity markets have outperformed their global peers for the most part of the last year. In this report, we’ll take a look at stocks that have given multibagger returns since last year.
Banking Stocks
The Karnataka Bank (167%), UCO Bank (128%), Karur Vysya Bank (120%), The South Indian Bank (127%)
Finance
Ujjivan Financial Services (149%), and Choice International (156%).
Engineering
Elecon Engineering Company(143%), Kirloskar Oil Engines (161%), Ion Exchange India (108%), Knowledge Marine & Engineering Works(577%), and Gensol Engineering (236%).
Auto Ancillaries
Rama Steel Tubes(140%), Mahindra CIE Automotive (131%), Jupiter Wagons (128%), Titagarh Wagons (128%)
IT Services
Axiscades Technologies (227%), and Cressanda Solutions (104%)
A few other stocks that gave multibagger returns are:
| Company Returns |
| Axita Cotton (277%) |
| Apar Industries (247%) |
| Imagica World Entertainment (234%) |
| BLS International Services (187%) |
| Mazagon Dock Shipbuilders (187%) |
| Marathon Nextgen Realty (160%) |
| Power Mech Projects (149%) |
| Universal Cables (148%) |
| Sterling Tools (140%) |
| WPIL (137%) |
| Titagarh Wagons (127%) |
| Safari Industries (119%) |
| Varun Beverages (115%) |
| Aditya Vision (114%) |
| Lloyds Metals & Energy (112%) |
| TD Power Systems (112%) |
| Jyoti Resins & Adhesives (111%) |
| PG Electroplast (108%) |
| Waaree Renewable Technologies (105%) |
| Nava (104%) |
| Sunflag Iron and Steel Company (103%) |
| Kirloskar Ferrous Industries (101%) |
If an investor would have invested ₹ 1 lakh in Knowledge Marine & Engineering Works, the value of their holdings would have been ₹ 6.59 lakh today. Even if they would have invested ₹1 lakh in Kirloskar Ferrous Industries the value of their holdings would have doubled to ₹ 2.01 lakh in just one year.
Written by Simran Bafna
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