Multibagger Stocks : Making money through the stock market requires patience. It is also necessary to invest in the right shares to earn a good profit in the stock market. However, keep in mind that there is always risk involved in investing in any company. Also, this risk is slightly higher in smaller companies while it is relatively lower in larger companies. For that, today we are going to learn about 5 stocks that give a lot of returns in a short time.
The first name on this list today is Havells India, which manufactures electrical goods. The shares of this company have given investors huge profits over the years. These shares, which were priced at Rs 1.89 in 2001, have now reached the level of Rs 1349. Meanwhile, these shares have increased 714 times. If one had invested Rs 14,000 in it then, it would have been worth around Rs 1 crore today.
Among the stocks in our list today is HDFC, a private sector bank. In the last 3 years, these shares have given investors around a 259x return. The shares, which were priced at Rs 5.52 in 1999, have now increased by 25802 per cent to reach the level of Rs 1429.80.
Flomic Global Logistics Limited, which is now a warehouse company, has returned thousands of times its profits to investors in the last three and a half years alone. At the time of listing, the shares were priced at just Rs 0.35 and have now come to around Rs 147. Accordingly, these shares have yielded a return of 41,971.43 percent.
EP Biocomposites is a company on our list today. The shares have gained an upper circuit in the last 13 consecutive trading sessions. The issue price of this company was Rs. 126 per share. Now its price has increased to Rs. 346.95.
The next name in this list of multibagger shares is Solar Industries. In the last 15 years, the value of these shares has increased from Rs 20 to Rs 3,827. These shares have given more than a 90-times return to the investors. Since listing, it has consistently provided good returns.