Page 3 - Multibagger Returns News Today

Aequitas Investments has seen significant growth in its assets under management (AUM) over the years. A crore invested in 2013 has now grown to 25 crores, with a compounded annual growth rate (CAGR) of 35% over the last 11 years. The PMS portfolio has also delivered impressive returns, with more than 90% growth in 2023 alone. However, the company is cautious about the current market conditions, as valuations are high and opportunities for finding multi-baggers are limited. The focus for the futu...

Tata Power share price today: Tata Power shares rose 2.68% to a high of Rs 366.55 today against the previous close of Rs 356.95 on BSE. Market cap of Tata Power climbed to Rs 1.16 lakh crore.

During the week, the market capitalisation of five key railway PSUs, namely Rail Vikas Nigam, Indian Railway Finance Corporation (IRFC), Ircon International, RailTel Corporation of India, and IRCTC, witnessed an extraordinary surge, collectively gaining ₹1.22 lakh crore.

Jai Balaji Industries, a metals and mining company, has provided remarkable returns to investors in the past year, witnessing an extraordinary surge of 1812%, reaching ₹1,046.90 from ₹53.8 in January 2023.

The companys shares made their debut on the Indian stock exchanges on December 27, 2023, listing at ₹105 apiece, representing a 5% premium to the IPO price of ₹100. Considering the stocks current market price of ₹211 apiece, it is trading 111% higher than its issue price.

Sobha shares closed 2.10% lower at Rs 1270.25 on January 5 against the previous close of Rs 1297.50 on BSE. Market cap of the firm fell to Rs 12,047 crore

Shares of TD Power Systems Ltd have delivered multibagger returns in the last three years. The power sector stock, which closed at Rs 29.21 on January 8, 2021 surged to a high of Rs 287.50 in the current session, clocking 884.25% returns during the period. In comparison, Sensex has surged 46.64% during the period. TD Power Systems stock has gained 99.72% in a year and zoomed 223% in two years. The company had zero borrowings at the end of September 2023 quarter.

The Indian residential estate market recovered sharply in 2023 due to various factors, such as a pause in rate hikes, a drop in key building material prices, increased buyer interest, and rising rental costs.

Multibagger stock: CG Power shares opened higher at Rs 476.15 on BSE. Market cap of the firm rose to Rs 71,324 crore on BSE.

Jupiter Wagons shares rose 4.01% intraday to Rs 345.15 against the previous close of Rs 331.60 on BSE. Market cap of the firm rose to Rs 14,017 crore.