Multibagger Stocks: These Multibagger Stocks have ensured more than 2000% return or more in just 5 years.Â
The stock market is filled with some multibagger stocks which have turned their prices from 2 rupees to 428 in just 5 years, finding that stocks requires lot of technical and in-depth market Analysis.Â
The reasons for such exaggerating amount of returns can be resulted from ground breaking performance of company or it can all be a part of larger scam.
However, Today we will discuss about the multibagger stocks which were more or less synchronised with market.
SG Finserve
SG Finserve have manners to search it’s stock price from 2.8 rupees in March 2020 to 428 as of now, which translate into return of 15185% in just 4 years.
SG Finserve Limited engaged in broking distribution investment research online trading wealth management investment Banking and Insurance services. SG Finserve Limited was founded in 1994 with a headquarter in Ghaziabad.
SG Finserve have the same trend with its profit too, where it has increased its net profit from 4.6 crore to 21.6 crore in just 1 year. Along side with 355% surge in total revenue in the same period.
Transformers and Rectifiers India Ltd (TRIL)
Transformer and rectifiers India Ltd (TRIL) have managed to grow up by 10011.03 % in just 5 years.
TRIL is one of the largest transformer manufacturer and with its under taking for capacity expansion program it will make India’s largest transformer manufacturer along with giving TRIL a significant control of key inputs for Transformers manufacturing.
Because of this expansion of TRIL analysts are having a positive Outlook towards the stock, hunting that film of this Multibagger stocks haven’t been extinguished yet.
CG Power and Industrial Solutions Ltd
The CG Power and Industrial Solutions Ltd have managed to translate a astonishing return of 5115 % in past 5 years.
Original known as Crompton Greaves, CG Power and Industrial Solutions Ltd was established in 1937 and manufacturers electrical equipment such as transformer and switch gears with major business involved in sectors like Power, Mining, Oil and Gas.
With the current market capitalisation of 110143 crores and price of 721, CG Power and Industrial Solutions Ltd the portal such as moneycontrol is expecting a more growth to they are stocks, despite having market corrections and thus more in recommending hold rather than buy.
While there are more multibagger stocks, which have managed astonishing returns these three stocks, i.e, SG Finserve, TRIN and CG Power and Industrial Solutions Ltd have impressed the most diverse group of traders than any other Multibagger Stocks, yielding higher rate of security towards their shareholder for continuing future perfomance as well.
All in all, these three stocks, i.e, SG Finserve, TRIN and CG Power and Industrial Solutions Ltd. have better chances to continue there growth in such manner for upcoming financial years than any other multibags stock as of now. But to find new multibagger stock the technical analysis of yours is required which should be back by the giant analyst too
Disclaimer: Demat Dive is not giving any buying advice on any stock. Consult a SEBI registered advisor before investing anywhere.