Page 3 - Multibagger Stock News Today

Once a penny stock Eyantra Ventures has given multifold returns to its investors in the last 3 years. The stock has skyrocketed over 29,287 percent in this period, from ₹3.28 in March 2021 to currently trade at ₹963.90. Meanwhile, it rose over 216 percent in the last 1 year.

Shares of Ramco Systems jumped another 13.5% in todays trading session, reaching ₹386.90 apiece to hit a 2-year high. This strong rally has pushed the stock to gain 44% in April so far.

Year-to-date, Nifty 50 has surged by 4.70%, with 20 or 40% of its constituents delivering double-digit returns thus far. Leading the gains is BPCL, with an impressive increase of 34.20%, followed by ONGC, Bajaj Auto, Adani Ports and SEZ, and Tata Motors, all boasting returns of over 30%.

Shares of pipe manufacturing firm Kisan Mouldings, which was a penny stock till last year, have given robust multibagger returns to their investors in the last 1 year. This penny stock has skyrocketed over 1,011 percent in this period, from ₹6.38 in March 2023 to currently trade at ₹70.90.

Penny stock Shekhawati Poly-Yarn has soared almost 307 percent in this period, from ₹0.65 in March 2023 to currently trade at ₹2.63. Meanwhile, in the last 4 years, since March 2020, the stock has given multifold returns, skyrocketing 1215 percent from ₹0.2.

Shaily Engineering Plastics shares surged 140% in the past year and an impressive multibagger return of 4920% over the last decade, rising from ₹10.80 to ₹542 apiece.

Zomato share price has surged approximately 270 per cent over the last year. Experts believe it can rise even further.

Hi-Tech Pipes, a prominent Indian piping company, has witnessed a remarkable 507% stock increase over three years. Here are some factors driving its multibagger journey.

The Nifty Smallcap 100 index in FY24 has gained 76.15%, spiking from 8,701 points to 15,327 points. 40 stocks have achieved multibagger status.

Multibagger stock: Kotak Institutional Equities said that the prevailing market price more than captures the intended growth plans without discounting associated delays.