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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.
Shares of RailTel Corporation of India ended today's session with a drop of 20% at ₹308.25. However, the stock still holds a 183% gain in a year. Similarly, Ircon International witnessed substantial selling pressure, with its stock finishing today's session with a drop of 10.77%.
HPL Electric & Power saw its shares rise 10% to hit an all-time high after reporting a robust set of numbers for Q3 FY24, including an 87.14% YoY growth in net profit and a 21.22% YoY growth in revenue.
Over the past decade, Websol Energy Systems consistently delivered positive annual performances, achieving multibagger returns in six out of the last ten years, with CY21 leading at a remarkable gain of 242%.
Looking at its calendar-year performances, the stock finished positively in 6 out of last 10 years. Notably, it generated multibagger returns in all these six years, with CY21 leading at a gain of 242%, followed by CY17, CY15, and CY23 with gains of over 166%, 158%, and 157%, respectively.