2 Small, Mid Cap Stocks Rise Over 12% On BSE, Offered Up To 600% Return In 2 Yrs

2 small cap and mid cap stocks witnessed strong rally in trade today on BSE. These stocks are Kirloskar Electric Company Ltd (small cap) and Raymond Ltd (mid cap). Kirloskar Electric rallied 12.67% to Rs 97.62 per share on BSE while Raymond Ltd gained 4.56% till 12:50 pm on Thursday to 1683.05 apiece. Raymond stock hit its new 52-week high price in trade today. Check details below:

1. Kirloskar Electric Company Ltd: The stock offered multibagger returns to investors in the last 1-year. It offered 257% return in last 1-year, 644% return in last 2-years, and 912% return in last 3 years.

The stock is priced under Rs 100 and managed to more than double investors' wealth in just 1-year. The stock's 52-week high price is Rs 99.97 per share and 52-week low price is Rs 20.55 per share, respectively. Its market capitalisation is Rs 640.96 crore.

The company was incorporated in 1946 and operates in electronics sector.

2. Raymond Ltd: The last trading price of the textile sector stock is Rs 1683.05 per share with intraday gain of 4.56%. The stock's 52-week high price is Rs 1755.35 per share and 52-week low price is Rs 738.95 per share, respectively. Its market capitalisation is Rs 11,206.69 crore. The stock gave return of 49% in last 6-months, 95% in last 1-year, 417% in last 2-years, and 587% in last 3-years. The stock traded its new 52-week high as well.

Raymond came into existence in 1925 and is a leading Indian textile major. The company is part of global conglomerate Raymond Group. Raymond was the first in 1959 to introduce a polywool blend in India to creating the world's finest suiting fabric the Super 240s made from the superfine 11.6 micron wool.

Disclaimer: The stocks witnessed storng gains in trade on Thursday on BSE. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.