Despite mixed global cues, the market closed the abbreviated Diwali week on November 4 stronger, snapping a two-week losing trend. The BSE Sensex gained 1.28 percent in the previous week to settle at 60,067.62, while the Nifty50 gained 1.38 percent to close at 17916.8. Some stocks, on the other hand, have managed to more than double in a single month, proving to be multibaggers.
Kreon Financial Services
Annual sales growth of 64.23 percent surpassed the company's three-year CAGR of 20.91 percent. Kreon Financial Services Ltd., founded in 1994, is a Small Cap business in the Financial Services industry with a market capitalization of Rs 45.12 crore. The company's one-year performance exceeded Sensex by 994 percent. The company reported gross sales of Rs. 10.38 crore and a total income of Rs. 10.45 crore in the most recent quarter.
In the last five years, the company's ROE has been steadily falling. The majority of profits were distributed as dividends to stockholders last year. After three quarters of losses, the company made a profit of Rs 9.11 crore in the third quarter of 2021. Stock returned 894.83 percent over three years, compared to 74.57 percent for the Nifty Smallcap 100. Over a three-year period, the stock achieved an 894.83 percent return, compared to 147.06 percent for Nifty Realty.
Octal Credit Capital
Octal Credit Capital Ltd., founded in 1992, is a Small Cap business in the Financial Services industry with a market capitalization of Rs 35.11 crore. In the fiscal year ending March 31, 2021, the company spent less than 1% of its operational revenues on interest charges and 46.65% on labour costs. The stock's one-year performance outperformed the S&P 500 by 1274 percent.
Sales have decreased by 8.03 percent. For the first time in three years, the company's revenue has decreased. The stock returned 183.94 percent over three years, compared to 74.57 percent for the Nifty Smallcap 100. Hartered Logistics Ltd., founded in 1995, is a Small Cap company in the Logistics industry with a market capitalization of Rs 193.22 crore.
In the fiscal year ended March 31, 2021, the company generated a return on equity of 21.22 percent, surpassing its five-year average of 11.36 percent. The company's annual sales growth of 90.98 percent surpassed its three-year compound annual growth rate (CAGR) of 66.2 percent. The stock returned 618.08 percent over three years, compared to 74.57 percent for the Nifty Smallcap 100.
5 Stocks That Doubled Investors Money In One Month
|Company Name||Latest Price (Rs)||1-month returns (%)|
|Kreon Financial Services||42.25||127.76%|
|Octal Credit Capita||70.20||150.27%|
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