Manufacturing value: The stocks that gave 100x returns in last 20 years
In this post we look at the manufacturing stocks are filling investor coffers with 100x returns
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In this post we look at the manufacturing stocks are filling investor coffers with 100x returns
A study of 20-year data dissecting the performance of Dalal Street's biggest multibaggers shows that most stocks that compounded by a minimum of 25% during the period hail from traditional manufacturing companies like capital goods, engineering, commodities, consumption, etc.
Bajaj Finance Ltd, Titan Company, Relaxo Footwear, Havells India, Deepak Nitrite and Balkrishna Industries are among multibagger stocks that delivered up to 6,685 per cent returns in the last 20 years.
Multibagger stocks: The list included TRIL, Jai Balaji Industries, Ashapura Minechem, Responsive Industries, CPCL, RVNL, Rane (Madras), IRCON International and Prakash Industries, among others.
HCL has committed $5 million over five years for programme and three NGOs with innovative and sustainable projects will be selected through a rigorous process.