3 Multipacker stocks that have gained more than 500% in one year
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Multibagger: Profitable stocks to add wealth |
State of stock markets
Markets globally have been bullish since the end of last year. But, Indian markets have been going through ups and downs lately. In such an environment, investors continue to struggle to pick the best stocks. In this scenario, there is some comfort in this as some multipackers and penny stocks have been delivering profits to investors over the past year.
3 Dominance of Multipacker Stocks
3 companies have given more than 500% return to the investors who invested in their company in last one year.
Polo Queen Industrial And Fintech Ltd
As one of the small-cap multipacker stocks, this company has offered one of the highest upside moving stocks. The company is involved in the manufacturing and marketing of FMCG i.e. consumer goods in the Indian market. It is also an FMCG supplier to the defense sector. The current market price of its shares is Rs. 59.3 and a market capitalization of Rs. 1,991 crores. Likewise, the stock has given investors a strong return of 3442.41% in one year.
Brand Concepts Ltd.
Brand Concepts, listed on the stock exchange in 2007, is a smallcap company in the plastics sector. The company is a leading manufacturer of backpacks, bags and fashion accessories for the domestic and global markets. The company's portfolio includes The Vertical, SugarRush and Tommy Hilfiger. Its market capitalization is Rs. 215 crores. Its current market price is Rs. 203 is The stock's price-to-earnings ratio is 41.6. The stock has rallied rapidly in the past year and has returned over 547.53% to investors.
Servotech Power Systems Ltd.
Survetech Power, a small cap stock in the electric sector, was listed on the stock market in 1998. Servotech Power Systems Ltd. manufactures Uninterruptible Power Supply (UPS) systems, LED lights, batteries, inverters and others. The stock price has risen rapidly in the past weeks, giving a return of 152.64% in a single month. The market capitalization of the shares is Rs. 300 crores. The current market price is Rs. is 161. In one year, the stock has returned around 534.59%. This medium-term high yielding stock has gained over 1184.4% in 3 years.