These 3 Multibagger Stocks Have Gained More Than 500% In One Year

Global markets are soaring from the end of the previous year, and the Indian markets have shown huge volatility over the past few months. Huge volatility makes it difficult for investors and traders to choose the right stock to gain profits. However, despite the market conditions and sentiments, many multibagger and penny stocks have shown robust positive movement in one year.

Here are 3 multibagger stocks that have gained more than 500% in one year.

Polo Queen Industrial And Fintech Ltd

This small-cap multibagger stock from the Miscellaneous sector has given one of the highest upside-moving stocks. Polo Queen Industrial And Fintech Ltd is engaged in producing and marketing FMCG products in the Indian market. The company is also a supplier of FMCG to the defence sector. The company also engaged in trading minerals and chemicals and developing I.T. parks.

The current market price of the stock is Rs. 59.3, and The market capitalization of Polo Queen Industrial And Fintech Ltd is over Rs. 1,991 Crores. The fundamentals of the stock could be more attractive, but the stock has given robust returns of over 3442.41% in one year.

Brand Concepts Ltd.

Incorporated in 2007, Brand Concepts Ltd is a small cap company from the plastic sector. The company specializes in manufacturing Backpacks, bags and fashion accessories for domestic and global markets. The company is a premier resource for licensed fashion and lifestyle brands. Brand Concepts Ltd's portfolio includes The vertical, Sugarrush and Tommy Hilfiger.

As mentioned, it is a small-cap company with a market capitalization of Rs. 215 Crores with a current market price of Rs. 203. The stock's price-to-earnings ratio is 41.6, which is good compared to the abovementioned stock. The stock has surged rapidly in the past year and given returns of over 547.53%.

Servotech power systems Ltd.

The last on the list is a small cap stock from the Electric sector. Incorporated in 1998, Servotech power systems Ltd manufactures Uninterruptible Power Supply (UPS) systems, LED lighting solutions, batteries, inverters and others.

The stock has been surging rapidly to the upside in the past weeks, and only the stock gave 152.64% returns in one month. The stock's market capitalization is Rs. 300 Crores, and the current market price is Rs. 161. Over one year, the stock gave around 534.59% returns. The stock most returns in the medium term as in 3 years stock gained over 1184.4%.

Disclaimer

Greynium Information Technologies and the Author do not encourage anyone to buy or sell any stocks and are not liable for any losses caused by decisions based on the article. Goodreturns.in advises users to check with certified experts before making any investment decision.