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PM Narendra Modi marks his ninth year in office on May 26, 2023. As the PM Modi-led NDA government completes its nine-year stint, Watch this Visual Story to take a look at 5 stocks that have rallied up to 12,000% in the last nine years.
Shares of Mishtann Foods have delivered multibagger return to its long-term investors. The FMCG player has announced that it is looking to introduce new products for domestic markets like free flow iodized salt, crystal salt and rock salt and also ventured into new markets like North Eastern India. Here's everything you need to know:
Multibagger stocks: Owing to positive momentum in Indian share market, a good number of stocks have delivered stellar returns in the last one year. Watch this Visual Story to check some multibagger stocks that have delivered up to 347% in last one year.
Shares of smallcap infrastructure company Om Infra have turned multibagger in the last three years as the stock has rallied to Rs 41.05 on Tuesday from around Rs 11 in May 2020.
Nuvama in its report added that India is a growth economy and ideally, investors try to identify businesses with earnings and cash flow growth rates that are 15 per cent plus. When coupled with valuation re-ratings, such businesses have proved to be multibagger stocks over the years.