The S&P BSE 500 index broadly represents the Indian market. It consists of the top 500 companies listed on the Bombay Stock Exchange (BSE) and covers all major industries in the Indian economy.
Here are a few stocks from the BSE 500 that delivered multibagger returns of more than 200 percent in the past year:
Mazagon Dock Shipbuilders
The company builds and repairs ships, submarines and various types of vessels and related engineering products for various domestic and international clients. It has a market capitalization of ₹ 36,187 crores, and its shares closed at ₹ 1737.00 apiece on Friday.
Mazagon Dock Shipbuilders’ share price increased by 457 percent in the past year. Therefore, if an investor had invested ₹ 1 lakh in its shares a year ago, the value of their holdings would have been ₹ 5.57 lakhs today!
RVNL
Rail Vikas Nigam Ltd is engaged in the business of implementing various types of Rail infrastructure projects assigned by the Ministry of Railways including doubling, gauge conversion, new lines, railway electrification, major bridges and workshops. It has a market capitalization of ₹ 26,396 crores, and its shares closed at ₹ 125.90 apiece.
The company’s share price increased by 306 percent in the past year. Therefore, if an investor had invested ₹ 1 lakh in its shares a year ago, the value of their holdings would have been ₹ 4.06 lakhs today!
Jindal Stainless
Jindal Stainless Ltd is one of the largest manufacturers of Stainless Steel flat products, in Austenitic, Ferritic, Martensitic and Duplex grades in India used in a variety of industries like automobile, railways, construction, consumer goods and so on. It has a market capitalization of ₹ 34,103 crores, and its shares closed at ₹ 411.95 apiece.
The company’s share price increased by 249 percent in the past year. Therefore, if an investor had invested ₹ 1 lakh in its shares a year ago, the value of their holdings would have been ₹ 3.49 lakhs today!
Apar Industries
Apar Industries has three broad business segments — conductors, transformer and speciality oils (TSO), and power/telecom cables. It has a market capitalization of ₹ 15,211 crores, and its shares closed at ₹ 4060.00 apiece.
The company’s share price increased 236 percent in the past year. Therefore, if an investor had invested ₹ 1 lakh in its shares a year ago, the value of their holdings would have been ₹ 3.36 lakhs today!
Written by Simran Bafna
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