Multibagger stocks are companies that have delivered returns of more than 100 Percent. Here are some of the defence stocks that have more than doubled investors money and that might have defended them from inflation and other phenomena.
Apollo Micro Systems
Apollo Microsystems is engaged in the design, development, and assembly of custom-built electronics and electro-mechanical solutions and many more for aerospace, defence, space, transportation, and homeland security markets.
With a market capitalization of Rs. 3,523 Crores, the shares of Apollo Micro Systems Limited were trading at Rs. 124.80, up 0.40 percent from its previous day’s close price of Rs. 124.30.
Its revenue from operations grew by 22.34 percent from Rs. 243 Crores in FY22 to Rs. 298 Crores in FY23, accompanied by increasing profits of Rs. 15 Crores to Rs. 19 Crores.
It has delivered multibagger returns of 279 percent in a year and 121 percent in the last six months. A shareholder’s investment of Rs. 1 lakh in the company would be worth Rs. 3.79 Lakh in a year.
Mishra Dhatu Nigam
Mishra Dhatu Nigam is engaged in the business of manufacturing superalloys, titanium, special-purpose steel and other special metals used in industries like defence, aerospace and others.
With a market capitalization of Rs. 7,800 Crores, the shares of Mishra Dhatu Nigam Limited were trading at Rs. 416.40, up 0.73 percent from its previous day’s close price of Rs. 413.40.
Its revenue from operations grew by 1.45 percent from Rs. 859 Crores in FY22 to Rs. 872 Crores in FY23, accompanied by profits of Rs. 176 Crores to Rs. 156 Crores.
It has delivered multibagger returns of 100 percent in a year. A shareholder’s investment of Rs. 1 lakh in the company would be worth Rs. 2 Lakh in a year.
Bharat Electronics
Bharat Electronics Limited is a Navratna central public sector enterprise that operates in the aerospace and defence sector, it primarily manufactures advanced electronic products for ground and aerospace applications.
With a market capitalization of Rs. 1,39,287 Crores, the shares of Bharat Electronics Limited were trading at Rs. 190.55, up 1 percent from its previous day’s close price of Rs. 188.65.
Its revenue from operations grew by 15.40 percent from Rs. 15,368 Crores in FY22 to Rs. 17,734 Crores in FY23, accompanied by profits of Rs. 2,400 Crores to Rs. 2,986 Crores.
It has delivered multibagger returns of 101 percent in a year and 47 percent in the last six months. A shareholder’s investment of Rs. 1 lakh in the company would be worth Rs. 2.01 Lakh in a year.
Krishna Defence & Allied Industries
Krishna Defence & Allied Industries Limited is engaged in the business of designing, developing and manufacturing Defence Application Products, Kitchen, and Dairy Equipment Products.
With a market capitalization of Rs. 451 Crores, the shares of Krishna Defence & Allied Industries Limited were trading at Rs. 369, up 0.60 percent from its previous day’s close price of Rs. 366.80.
Its revenue from operations grew by 27.91 percent from Rs. 49.52 Crores in FY22 to Rs. 63.34 Crores in FY23, accompanied by increasing profits of Rs. 2.46 Crores to Rs. 5.30 Crores.
It has delivered multibagger returns of 160 percent in a year. A shareholder’s investment of Rs. 1 lakh in the company would be worth Rs. 2.60 Lakh in a year.
Written by: Bharath K.S
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