Money being doubled or fourth is a major expectancy of every investor in the present age. Stock market investment has secured a credential position in terms of Share market investment. Although the risk factor in share market is more than profit acquired, but with Multibaggers stock high returns is possible!
Amidst the coronavirus pandemic the Share Bazaar managed to perform well after the decline observed in March, 2020.
Multibaagger stocks are equity shares of a company that generates returns multiple times higher than its associated cost of acquisition. These shares are generally issued by companies that have tremendous growth potential. They have high intensity of getting shares of the investor doubled in the blink of an eye.
Below discussed are few of the Multibaggers stock which have been recently trusted by the stock market investors:
Adnani Total Gas
In the past six months, Adnani Total Gas has performed outrageously well in returns. On 6th November ,this gas distribution company stock hiked to Rs. 1310.3 in a matter of six months, by a return percentage of 446. Considering the closing price as of May 7, 2021 market cap of company is Rs. 1,44,108 crore.
Moreover the stock scaled 52 week high of Rs. 1337.9 on National Stock Exchange. Also, Total Gas Adnani bagged at the top of the list in multibagger stock.
Tanla Platforms, a mid tier service firm was labeled as a multibagger stock of the year, 2020. During November- December last year market consistent high shares. Eventually, in a period of six months the company gave a return of 149 per cent.
Even amidst the pandemic Morpen Laboratories provided high return. Shares during the lockdown were still until March 8, when the return took speed. During that time, price of share was Rs.29.46 while as of now share of companies have climbed to Rs. 59.30. Moreover, by May 4, the company had reached the benchmark of Rs.72 crore
The metal company gained meteoric returns and might possibly reach up to Rs.190. This comes at the time when stock in trading above Rs. 170.