Page 11 - Multibagger Returns News Today

Multibagger stock: Genesys International shares, which closed at Rs 28.75 on May 18, 2020, rose to a high of Rs 356.50 on the BSE today (May 19, 2023).

Brightcom Group shares were stuck in the lower circuit of 5% at Rs 15.77 against the previous close of Rs 16.60 on BSE. The small cap stock has declined 46% on a year-to-date (YTD) basis and lost 74.63 per cent in a year.

Multibagger stock: An amount of Rs 1 lakh invested in the shares of Cressanda Solutions three years ago would have turned into Rs 1.42 crore today. In comparison, Sensex has risen 97 per cent during the period.

SEL Manufacturing shares zoomed 1,637 per cent to Rs 653.85 apiece from Rs 37.65 apiece on December 31, 2021. The textiles company commanded a market capitalisation of Rs 2,166.51 crore

Indian Hotels and other Tata group companies owned 39.1 per cent stake in the hotel chain while the family members of late Chennai-based industrialist DS Reddy held 28.5 per cent stake in it as of September 30

While Concord Control, already had a strong listing, the scrip built on gains and is up 355 per cent since its October 10 listing. Silicon Rental Solutions did not had stellar listing on October 10, but the scrip has jumped 117 per cent since

Multibagger stock returns: Valencia Nutrition shares which closed at Rs 10.95 on September 5, 2022, hit a 52-week high of Rs 21.25 on September 19, translating into gains of 94.05 per cent during the period.

According to market watchers, benign global liquidity, containment of COVID-19 cases, significant pickup in the pace of vaccination, sharp recovery in corporate earnings, and a market-friendly budget lifted the market mood in the recent past.

The share stood at Rs 6.3 on June 03, 2020. It has zoomed to Rs 87.30 today, translating into gains of 1285 per cent during the period.