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Multibagger Stocks: These Stocks Rose Over 2000% And Up To 4000% In This Year

The BSE Midcap and Smallcap indices both increased 3% last week, outperforming the main indices. Both indices, however, have gained 61 percent and 80 percent since last Diwali, respectively.

According to experts, Nifty has started a corrective phase and will likely continue under pressure for the foreseeable future. Investors should take advantage of deeper corrections to buy frontline equities, while traders should limit their leverage positions. The year 2021 was unmistakably the year of the multibagger stocks. The bullish trend in the markets continued in 2021, with the BSE Sensex rising by 25%. The broader market, on the other hand, outperformed the frontline indices by 60%. Here are 5 multibagger stocks that gave whooping returns this year.

Chennai Ferrous Industries

Chennai Ferrous Industries

The company has enough cash on hand to cover its contingent liabilities. The stock returned 2763.71 percent over three years, compared to 74.57 percent for the Nifty Smallcap 100. The company's yearly revenue growth rate of 471.59 percent outpaced its three-year compound annual growth rate of 51.58 percent.

For the past three years, the company has shown a good profit growth of 48.44 percent and the company has grown its revenue by 34.73 percent.
The company's debt has been reduced by 32.06 crores. The company has had poor ROE for 3 years.
With a healthy interest coverage ratio of 414.02, the company is in good shape.

Gita Renewable Energy
 

Gita Renewable Energy

Since the last five years, the company has had no debt. In the fiscal year ending March 31, 2021, the company spent less than 1% of its operating revenues on interest charges and 50.42 percent on labour costs. For the past three years, the company has posted a negative return on investment (ROI). Gita Renewable Energy Ltd., founded in 2010, is a Small Cap business in the Miscellaneous category with a market capitalization of Rs 85.37 crore.

TTI Enterprise

TTI Enterprise

Since the last five years, the company has had no debt. The company's yearly revenue growth rate of 433.61% surpassed its three-year CAGR of 48.12%. TTI Enterprise Ltd., founded in 1981, is a Small Cap business in the Financial Services industry with a market capitalization of Rs 96.54 crore. Over the last three years, the company has generated dismal Operating Income growth of -29.34 percent. Provisioning and contingencies have risen by 361.54%.

The company is registered as a non-banking financial company with the RBI (NBFC). The business of investing in shares and securities, as well as providing short- and long-term financing, has long been the focus of the company.

National Standard (India)

National Standard (India)

The company's annual sales increase of 111.24 percent surpassed its three-year compound annual growth rate (CAGR) of -12.95 percent. The company spent Rs 3.25 crore on investing operations, a rise of 451.46% year on year. National Standard (India) Ltd., founded in 1962, is a Small Cap firm in the Engineering sector with a market capitalization of Rs 25,343.90 crore.

JITF Infralogistics

JITF Infralogistics

Jindal ITF is altering established norms in the areas of water, wastewater, and solid waste management, as well as logistics and transportation equipment fabrication. Jindal ITF is involved in establishing a strong basis for a secure and sustainable future through its subsidiaries. The stock returned 1059.33 percent over three years, compared to 74.57 percent for the Nifty Smallcap 100. For the fourth quarter in a row, the company has lost Rs 40.62 crore. Stock returned 1059.33 percent over three years, compared to 74.57 percent for the Nifty Smallcap 100.

Multibagger Stocks: These Stocks Rose Over 2000% And Up To 4000% In This Year

Multibagger Stocks: These Stocks Rose Over 2000% And Up To 4000% In This Year

 Company Latest price in RsSector  Returns in 2021
 Chennai Ferrous Industries 174.40 Iron & Steel 4,406.46%
 Gita Renewable Energy 207.60 Power 2,861.48%
 TTI Enterprise 37.00 Finance 2,681.95%
 National Standard 12,671.95 Iron & Steel 2,625.15%
 JITF Infralogistics 225 Logistics 1,657.81%
Disclaimer

Disclaimer

Investing in stocks has the risk of financial loss. As a result, investors must proceed with prudence. Greynium Information Technologies and the author are not accountable for any damages incurred as a result of decisions based on the article. Please keep in mind that past performance does not guarantee future results.

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