Small Cap Stocks That Offered Multibagger Returns In Less Than A Month

2 small cap stocks delivered multibagger returns in just less than one-month. These two stocks are Soma Textiles & Industries Ltd and Taylormade Renewables. Soma Textiles & Industries Ltd and Taylormade Renewables hit their new 52-week high and touched upper circuit too in trade today. Check details pertaining to the two small cap stocks:

1. Soma Textiles & Industries Ltd

The stock gave 147% return in last 30 days. The stock gave return of return of 137% in just 27 days. It was priced Rs 9.25 apiece on February 1, 2023 and today the last trading price of the stock is Rs 22.31 apiece, respectively on BSE.

The stock hit new 52-week high and upper circuit as well in trade on February 27, 2023. The stock's 52-week high is Rs 22.31 apiece and 52-week low is Rs 5.85 apiece, respectively. The company has a market capitalisation of Rs 73.70 crore.

The stock gave 194% return in last 3-months, 208% return in last 6-months, and 146% return in last 1-year. It soared 975% in last 3-years.

The company was one of the first units to manufacture indigo denim in 1986. In 1994, it commissioned its 100% export-oriented spinning unit at a capital outlay of Rs 74 cr. The company's principal products include cotton yarn and cotton fabrics as also blended yarn and man-made fabrics.

2. Taylormade Renewables Ltd

The stock's last trading price of the stock is Rs 141.40 apiece on BSE. The stock hit new 52-week high and touched upper circuit in trade today. The stock's 52-week high is Rs 141.40 apiece and 52-week low is Rs 8.75 apiece, respectively.

The company has a market capitalisation of Rs 138.92 crore. The stock was priced Rs 67.55 apiece on February 1, 2023 and today the last trading price of the stock is Rs 141.40 apiece thus giving investors return of 108% in 27 days.

It rallied 142% in last 1-month, 403% return in last 3-months, 945% return in last 6-months, and 1299% return in last 1-year only. In last 3-years, its valuation surged by 1666%.

It is primarily engaged in providing renewable energy solutions. Its specialization is in manufacturing of Solar Parabolic Concentrating Systems for steam generation used in steam cooking and other industrial application, direct or in-direct heating, including solar air-conditioning, and solar space heating, solar drying, solar waste water evaporation and many more applications requiring thermal energy, according to its official website.

Disclaimer

The stocks have given multibagger returns in less than a month. 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.