National Chronicle
Business/Economy

Multibagger Stocks: These 40 stocks gave returns of up to 425% in a year, many stocks of Adani Group included in the list

stocks gaining

In the last one year, many stocks have given very strong returns to the investors. Data from Ace Equity has revealed that there are at least 40 such stocks in the last one year, which gave returns of 100-425 per cent to their investors. These include stocks from different sectors. These stocks have given such returns amid rising inflationary pressures, continuous selling by foreign institutional investors, depreciating rupee, rising crude oil prices and rising interest rates.

Footwear making company gave the highest return

Mirza International comes first among the stocks giving the strongest returns in the last one year. The share price of Mirza International, a footwear maker under the Red Tape brand name, was at Rs 58.05 on August 13, 2021. The stock had closed at Rs 304.95 last Friday. In this way, in the last one year, this stock has seen a rise of 425 percent. At the same time, IT solution provider 3i Infotech has given a return of 410 percent.

Adani Group shares amazing

Adani Group’s three stocks are included in the best returns giving stocks. In the last one year, Adani Power has given 306 percent, Adani Total Gas 276 percent and Adani Transmission’s shares have given a tremendous return of 266 percent.

These shares gave triple returns to investors

The data indicates that Cantabil Retail Limited, Jindal Worldwide, TGV SRACC and BLS International Services have seen a jump of up to 260 percent in the last one year.

These stocks gave returns of up to 200%

Shares of Gujarat Mineral Development Corporation, Tata Teleservices (Maharashtra), Ganesh Housing Corporation, Shoppers Stop, DB Realty, PG Electroplast and TD Power Systems saw gains of up to 150-200 per cent during this period.

These shares gave returns of up to 140%

Maharashtra Seamless, Chennai Petro, Fineotex Chemical, Adani Green, Tata Elxsi, Sree Rayalaseema, GRM, Overseas, Monte Carlo Fashions, Raymond, Schaffler India, TCPL Packaging and Elgi Equipments also saw a rise of up to 140 percent.

 

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