{"id":98796,"date":"2023-04-02T15:00:00","date_gmt":"2023-04-02T09:30:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=98796"},"modified":"2023-04-02T13:53:17","modified_gmt":"2023-04-02T08:23:17","slug":"4-multibagger-stocks-that-gave-returns-of-more-than-140-in-fy23-are-you-holding-any","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/4-multibagger-stocks-that-gave-returns-of-more-than-140-in-fy23-are-you-holding-any\/","title":{"rendered":"4 Multibagger Stocks that gave returns of more than 140% in FY23; Are you holding any?\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3637016343\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>A few stocks from the Nifty 500 index have been star performers this year as they gave stellar returns and became multibaggers in an otherwise weak market. These stocks gave multibagger returns of more than 1000%, even as the benchmark indices were in the red.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-495681631\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Here are four stocks that gave multibagger returns and became wealth creators:&nbsp;<\/p><h4 class=\"wp-block-heading\" id=\"h-mazagon-dock-shipbuilders-ltd\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/MAZDOCK\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Mazagon Dock Shipbuilders Ltd.<\/a>&nbsp;<\/strong><\/h4><p>The company primarily builds and repairs ships, submarines and other vessels for various international and domestic clients. It topped the list of wealth creators with multibagger returns of 143.23% in the past year. Therefore, if an investor had invested \u20b9 1 lakh in the company\u2019s shares a year ago, the value of their holdings would have been \u20b9 2.43 lakhs today!&nbsp;<\/p><p>Mazagon Dock Shipbuilders is a small-cap company with a market capitalization of \u20b9 13,180 crores. It has a return on equity of 16.76% and an ideal debt-to-equity ratio of 0.00. Moreover, it has a high dividend yield of 2.73% and its shares closed at \u20b9 660.50 apiece on Friday.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-782299286\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/VBL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Varun Beverages Ltd<\/a>.&nbsp;<\/strong><\/h4><p>The beverage maker is one of the largest franchisees of Pepsico and has been associated with it since the 1990s. Its shares zoomed 118.05% in the past year to give multibagger returns. Therefore, if an investor would have invested \u20b9 1 lakh in the company\u2019s shares a year ago, the value of their holdings would have been \u20b9 2.18 lakhs today!&nbsp;<\/p><p>Varun Beverages is a large-cap company with a market capitalization of \u20b9 88,174 crores. It has an excellent return on equity of 32.62% and an ideal debt-to-equity ratio of 0.76. It has a dividend yield of 0.07% and its shares closed at \u20b9 1,384.25 apiece on Friday.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/FINCABLES\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Finolex Cables Ltd<\/a>.&nbsp;<\/strong><\/h4><p>The company manufactures electrical and telecommunication cables in India and has been operating for more than 50 years, with a leadership position in the industry. Its shares zoomed 102.48% in the past year to give multibagger returns. Therefore, if an investor would have invested \u20b9 1 lakh in the company\u2019s shares a year ago, the value of their holdings would have been \u20b9 2.02 lakhs today!&nbsp;<\/p><p>Finolex Cables is a small-cap company with a market capitalization of \u20b9 12,394 crores. It has an ideal return on equity of 16.33% and an ideal debt-to-equity ratio of 0.00. It has a dividend yield of 0.74% and its shares closed at \u20b9 804.55 apiece on Friday.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/RVNL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Rail Vikas Nigam Ltd.<\/a>&nbsp;<\/strong><\/h4><p>The state-run company is engaged in the business of implementing various types of Rail infrastructure projects assigned by the Ministry of Railways. Its shares climbed 102.96% in the past year to give multibagger returns. Therefore, if an investor would have invested \u20b9 1 lakh in the company\u2019s shares a year ago, the value of their holdings would have been \u20b9 2.02 lakhs today!<\/p><p>Rail Vikas Nigam Ltd. is a small-cap company with a market capitalization of \u20b9 13,980 crores. It has an ideal return on equity of 19.66% and an ideal debt-to-equity ratio of 0.91. It has a high dividend yield of 3.01% and its shares closed at \u20b9 68.60 apiece on Friday.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-1814669002\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Simran Bafna<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. 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.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-218261543\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>A few stocks from the Nifty 500 index have been star performers this year as they gave stellar returns and became multibaggers in an otherwise weak market. These stocks gave multibagger returns of more than 1000%, even as the benchmark indices were in the red.&nbsp; Here are four stocks that gave multibagger returns and became [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":37503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1513,31],"tags":[2839,8041,8045,8044,8043,8042,8032,8037,8036,8034,8035,2838,3770,2843,5716,5575,5727,5585,8046,8051,8049,8048,8050,8047,948,936,3153,3157,2597,7475,8040,8038,7477,8039,7476],"class_list":["post-98796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editor-pick","category-news","tag-best-multibagger-stocks","tag-finolex-cables-ltd-2","tag-finolex-cables-ltd-business","tag-finolex-cables-ltd-future","tag-finolex-cables-ltd-latest-news-2","tag-finolex-cables-ltd-share-price-2","tag-mazagon-dock-shipbuilders-ltd","tag-mazagon-dock-shipbuilders-ltd-business","tag-mazagon-dock-shipbuilders-ltd-future","tag-mazagon-dock-shipbuilders-ltd-latest-news","tag-mazagon-dock-shipbuilders-ltd-returns","tag-multibagger-stocks","tag-multibagger-stocks-2023","tag-multibagger-stocks-india","tag-multibagger-stocks-to-buy","tag-multibagger-stocks-to-buy-in-2023","tag-multibagger-stocks-to-buy-now","tag-multibagger-stocks-to-watch","tag-rail-vikas-nigam-ltd","tag-rail-vikas-nigam-ltd-business","tag-rail-vikas-nigam-ltd-future","tag-rail-vikas-nigam-ltd-latest-news","tag-rail-vikas-nigam-ltd-returns","tag-rail-vikas-nigam-ltd-share-price","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-stocks-to-watch","tag-varun-beverages-ltd","tag-varun-beverages-ltd-business","tag-varun-beverages-ltd-future","tag-varun-beverages-ltd-latest-news","tag-varun-beverages-ltd-returns","tag-varun-beverages-ltd-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>4 Multibagger Stocks that gave returns of more than 140% in FY23; Are you holding any?\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"A few stocks from the Nifty 500 index have been star performers this year as they gave stellar returns and became multibaggers in an otherwise weak market. 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