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Top 5 Multibagger Stocks That Zoomed Over 1500% In 6-Months
Stocks that have given returns that are many times their costs fall in the category of multibagger stocks. These stocks are basically undervalued and have strong fundamentals and emerged as good investment options for investors. Multibagger stocks have jumped several times their original investment values. Below are 5 stocks that surged more than 1500% in a span of just 6-months:
1. Alstone Textiles (India) Limited
The current market price of the stock is Rs 314 apiece. The small cap stock has a market capitalisation of Rs 401 crore. The stock has given multibagger returns only in 1-month period at 151%. It has zoomed 1897% in 6-months.
The stock has hit its new 52-week high in trade today. The stock recently announced 9:1 Bonus Issue, 1:10 Stock Split. The company fixed December 14, 2022 as the record date. Alstone Textiles (India) Limited was originally incorporated on 25th May, 1985 as Shalini Holdings Limited. Earlier, the company was incorporated with main object of textiles Including cotton, woollen, art silk, natural silk, readymade garments, hosiery, synthetics fiber and fabric and mixed fabrics. Alstone Textiles (India) Limited is poised for rapid growth, according to its official website.
2. Advait Infratech
The small cap stock gave a return of 270% in last 6-months, 672% return in 1-year, and 1135% return in last 5-years. The current market price of the stock is Rs 637 apiece. It has a market capitalisation of Rs 324 crore. The company offers communication infrastructure construction services. The stock has also announced 1:1 bonus share recently on November 14, 2022. The company's revenue from operations in Q2 FY23 stood at Rs. 3,706.84 lakh, fell from Rs. 4,276.60 lakh in the last quarter. Additionally, its total income in Q2 FY23 fell to Rs. 3,815.46 lakh, from Rs. 4,355.84 lakh in the earlier quarter.
3. NIBE Ltd
The small cap stock gave 551% return in last 6-months, 693% in last 1-year, and 4280% in last 5-years. The current market price of the stock is Rs 317 apiece with a market capitalisation of Rs 330 crore. The Company was incorporated as Kavita Fabrics Private Limited on October 18, 2005. It operates in Textiles sector.
4. Raj Rayon Industries
The small cap stock has given return of 306% in last 6-months, 2292% return in last 1-year, and 9128% return in last 5-years. The company has a market capitalisation of Rs 3106 crore. The current market price of the stock is Rs 56 apiece. The small cap company was incorporated in 1993 and operates in textile sector.
5. Ambar Protein Industries
The stock has given 1565% return in last 6-months only, 2861% return in last 1-year, and 8870% return in last 5-years. The company has a market capitalisation of Rs 361 crore. The current market price of the stock is Rs 627 apiece. The small cap company was incorporated in 1992 and operates in Miscellaneous sector.
Disclaimer
The stocks give details about multibagger returns. 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.
