Multibagger Stock News Today

Crompton Greaves Consumer Electricals shares hit a 20-month high after strong March quarter results. ECD segment sales grew by 14%, driven by fans, pumps, and appliances. Company achieved record revenue with a 40 basis point increase in gross margin.

Balrampur Chini Mills, Birlasoft, Canara Bank, GMR Airports Infrastructure, Hindustan Copper, Vodafone Idea, Piramal Enterprises, SAIL, and ZEEL are the nine stocks in the F&O ban list of the stock market exchange for May 15

Titagarh Rail Systems shares surged nearly 9% to a 15-week high after Morgan Stanley initiated coverage with an Overweight rating and a target price of ₹1,285, anticipating a 24.27% upside.

Shares of Netweb Technologies surged 5% to ₹1852, nearing its all-time high, after strong Q4 results in FY24. Company reported highest-ever revenue, EBITDA, and PAT. Partnered with NVIDIA for AI systems and launched Make in India servers. Stock trading 270% higher than IPO price.

Emudhra, a leading certifying authority in India, has seen its stock value surge by 245% in the past year, reaching ₹738.40. Centrum Broking in its recent note revised its price target price on the stock to ₹832 apiece. Reflecting on a strong spike in the share price, it adjusted its rating.

10 factors fueling a 245% return on this multibagger stock

Microcap stock Nidhi Granites has given multifold returns to its investors in the last 1 year. The stock has skyrocketed around 333 percent in this period from ₹68.21 in April 2023 to currently trade at its record high ₹295.15.

Multibaggers: 10 reasons Power Mech Projects surged 800% in 3 years

Tejas Networks, a Tata Group subsidiary, achieved new lifetime high in trading session, surging 6% to ₹1,183.35 apiece. Strong rally in April reverses previous negative returns, marking largest monthly gain since listing in 2017.

We advise traders to accumulate the stock in the range of ₹90 – 92 with a stop loss of ₹81 (daily closing basis) for an upside target of ₹111, brokerage firm Anand Rathi said in its note.