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Cochin Shipyard also hit its 52-week high of Rs 1,062 on the NSE, gaining 8% in the intraday trade. Garden Reach Shipbuilders shares remained unbeaten over the past three sessions, extending gains to 18%.
Hindustan Copper's stock prices soared by 118% in the last five months and delivered multibagger return of 215% in a year. The company benefits from the global copper price surge and increased demand from various sectors in India, including renewable energy and electric vehicles.
BSE was the top gainer in the Nifty500 index, soaring 521 percent, followed by IRFC and Suzlon Energy, which skyrocketed 462 percent and 444 percent, respectively.
ETMarkets has highlighted five stocks from the BSE universe that have experienced over 40% price growth in each of the first quarters (April-June) for the past three fiscal years.
Penny stock Frontier Capital has delivered extraordinary multibagger returns just in the last 1 year, surging from ₹2.5 in March 2023 to approximately ₹33.2 at present. This translates to an impressive return of nearly 1228 percent.