Warren Buffet says “If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.” The equity markets have provided magnificent returns in the long term.
Here are a few stocks that gave multibagger returns in the past 10 years:
Company | 14th May 2012 | 12th May 2022 | Returns (%) |
Tanla Platforms Ltd | 5.6 | 1182 | 21007.14 |
Deepak Nitrite Ltd. | 15.01 | 1975 | 13057.89 |
Minda Industries Ltd | 11.14 | 872.85 | 7735.28 |
Tata Elxsi Limited | 99.36 | 6793.15 | 6736.91 |
Tanla Platforms Limited:
Tanla Platforms Ltd (formerly Tanla Solutions Ltd) is a cloud communications provider that enables businesses to communicate with their customers and intended recipients. It is a global A2P(application to person) messaging platform provider, headquartered in Hyderabad.
It is one of the world’s largest CPaaS players, it processes more than 800 billion interactions annually and about 70% of India’s A2P SMS traffic is processed through its distributed ledger platform-Trubloq, making it the world’s largest Blockchain use case.
In the last 10 years, the company has given multibagger returns of 21007.14%. This means that if an investor would have invested ₹1,00,000 in the shares of the company on 9th May 2012, the value of their holdings would have been ₹ 2,11,07,142 today!
Deepak Nitrite Limited:
It is a chemical manufacturing company based in Gujarat, India. Deepak Nitrite is a leading manufacturer of organic, inorganic, fine, and speciality chemicals. It also manufactures a wide range of intermediates for use in industrial explosives, paints, cosmetics, polymers, optical brighteners, and others.
It has a 70% market share in sodium nitrite, sodium nitrate and NitroToluenes in India. It is also among the top three global players for xylidines, cumidines, and oximes.
In the last 10 years, Depak Nitrite has given multibagger returns of 13057.89%. If an investor would have invested $ 1,00,000 in the shares of the company 10 years ago, then the value of their holdings would have been ₹ 1,31,57,894 today!
Minda Industries Limited:
It is the flagship company of the N.K. Minda Group. It is one of the most diversified auto component manufacturers in India. Minda Industries is a technology leader in the auto components industry and a leading tier-1 supplier of proprietary automotive solutions to OEMs.
It is the largest Switch Player in India. In the horn segment, it is the largest in India and the second-largest globally. It has partnerships with 14 technology players.
Minda Industries gave multibagger returns of 7735.28% in the last 10 years. If an investor would have invested ₹ 1,00,000 in the shares of the company 10 years ago and would have kept their investment intact, then the value of their investment would have been ₹ 78,35,278 today!
Tata Elxsi Ltd:
This Tata Group Company is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications and Healthcare.
It provides integrated services from research and strategy to electronics and mechanical design, software development, validation and deployment, and is supported by a network of design studios, global development centres and offices worldwide.
Tata Elxsi gave multibagger returns of 6736.91% in the last 10 years. If an investor would have invested ₹ 1,00,000 in the shares of the company 10 years ago, then the value of their investment would have been ₹ 68,36,906 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.