The Indian Stock Market has witnessed a major selloff resulting in a slow down in the last six months. The BSE’s benchmark index Sensex has declined over -5,889.54 points i.e. -9.73% in the last six months. Similarly, Nifty 50 also performed poorly with a crash of -1,663.35 points or -9.21% in the last six months.
If we look into the index’s performance in the last six months and YTD so far in 2022, only Nifty Energy & Nifty Metal has been able to give adequate returns.
Despite all this market downturn, there are shares on BSE and NSE that gave stellar returns in the last six months. Adani Green and Adani Power are prominent names on this list. Adani Green has given a return of 135% in the last six months, on the other hand, Adani Power gave a return of 168.98%.
Gujrat Mineral Development Corporation (GMDC) and Chennai Petroleum Corporation Limited (CPCL) have also been multibagger stocks with over 100% returns in this time frame.
Here is the list of the multibagger stocks in the last six months that has least doubled the shareholder’s investments:
The other multibagger stocks in the last six months are Lloyds Metals (129.95%), Swan Energy (134.65%), Tata Teleservices (112.85%), EKI Energy (130.9%), Jindal Worldwide (123.25%), JBM Auto (110.48%), Sharda cropchem (103.82%), Sindhu Trade (122.13%), GRM Overseas (113.03%) and Mirza International (179.26%).