Multibagger stocks: The factor of profit booking has been in the minds of investors in the stock markets which were running at high levels in February. Profit booking also came in the market and Nifty came to the level of 21870. Meanwhile, there were some stocks in the market in which investors got good returns in February itself. This return was more than 100%. That means these stocks proved to be multibaggers within a month.
In February, there were some multibagger stocks which gave returns of more than 100% in the stipulated period due to high demand in the market. Here are some stocks which gave multibagger returns in a month.
Kesar India Ltd
Kesar India emerges as a standout performer, showcasing impressive returns on investment. Over the past month, investors witnessed a remarkable 129% return. On a year-to-date basis, the stock has notched up a substantial 282% return. It yielded a whopping 1722% return over the last 6 months and an astounding 2868% in the past year. This extraordinary trend extends even further, as Kesar India has delivered an exceptional 2173% yield over the last 5 years, making it a compelling player in the realm of lucrative investments.
An investment of Rs 1 lakh in the company was converted into Rs 2.29 lakh in a month. Investors turned a Rs 1 lakh investment into Rs 17,22,000 in 6 months and Rs 28 lakh in 1 year.
Kesar India Limited mainly deals in real estate development and construction of various types of residential and commercial projects, factory buildings, industries buildings and many more.
The market capitalization of Kesar India is Rs 1,317 crore.
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Jubilant Industries Ltd
Jubilant Industries stock gave a good return of 131% over the last month. Its year-to-date return is 132%, and over the last year, the stock went up by 272%. But what’s even more impressive is its performance over the past 5 years, where it gave a whopping 1000% return on investment. This means that if you invested Rs 1 lakh 5 years ago in Jubilant Industries, your money would be Rs 10 lakh now.
Jubilant Industries Limited is a company engaged in manufacturing and supply of Agri Products and Polymers like Wood Adhesives, Wood Finishes, Specialty Polymers and many more.
The market cap of the company is Rs 2,040 crore. In Friday’s trading session, shares of Jubilant Industries Limited hit an upper circuit of 5 percent.
This company has given a multibagger return of 112 percent last month. The shares of the company increased so much in February that an investment of Rs 1 lakh turned into Rs 2.12 lakh in a month.
ASM Technologies Ltd
Shares of ASM Technologies Limited hit the upper circuit in the last session on Friday. This company gave a multibagger return of 129% last month and 125% year-to-date. Over the last 6 months, the return has been 123% and 178% in the last one year. If we see its performance of 5 years, the stock has given 2247% yield to investors.
The value of investment of Rs 1 lakh in the company increased to Rs 2.29 lakh in a month and Rs 2.78 lakh in last one year. The amount would be Rs 22 lakh in the 5 years.
ASM Technologies Limited works to provide consulting services in the sector of engineering service, product engineering service and product research and development.
