Page 17 - Multibagger Returns News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Multibagger stock: The Expleo Solutions stock zoomed 3.71% to a high of Rs 1580.10 on BSE on the record date of dividend today.

Multibagger stock: Jindal Stainless shares closed at Rs 365.30, 3.31% higher in the previous session on BSE. The scrip also hit a record high of Rs 368.55 in the same session.

Multibagger stock: The solar panel maker stock, which closed at Rs 8.22 on July 3, 2020 rose to a high of Rs 1135.60 on July 4, 2023 on BSE.

Shares of Saregama India have seen significant returns in the past decade, with a rise of 5,100%. An investment of Rs 10,000 would have turned into nearly Rs 5 lakh. The company, owned by the RP Sanjiv Goenka Group, is India's oldest music label and TV content producer. It has a diverse range of music and also produces films and TV serials. Mutual funds own a mere 0.5% stake, while foreign portfolio investors hold around 17% in the company. Saregama India recently posted its highest-ever revenue for Q4 at Rs 207 crore.

Thirty-three Indian stocks have more than doubled investors' wealth in H1 2023. As of H1, the benchmark S&P BSE Sensex has given a 3.5% return, but a majority of the multibagger stocks identified come from the midcap and small-cap categories. Among the 33 stocks, six each are from the capital goods and information technology sectors, and over 100 stocks have beaten the benchmark by between 50-100%. Money managers recommend that investors continue to look for value buys from a long-term perspective.