2024-07-16 10:42:24
New Delhi: In the last three years, the shares of about 15 companies have done wonders. They have jumped by at least 5,000%. The meaning is clear. If you had invested one lakh rupees in them three years ago, today you would have at least 50 lakh rupees. These shares include shares of companies like Diamond Power Infrastructure, Dhruv Capital Services, Wari Renewables, SG Mart and Jhaveri Credits. This is revealed by the survey of ET Markets. Some of these companies have given returns up to 84,000%. Diamond Power Infrastructure is at the forefront among them, which has given a return of 84,018%. This company manufactures power transmission equipment. Dhruv Capital Services is also not far behind. It has given a return of 9,566%. This company gives loans to MSMEs and common people.
Three more companies – Waaree Renewable Technologies, SG Mart and Ujaas Energy have given returns of more than 7,000%. Waaree Renewable manufactures solar energy systems. SG Mart is in the retail sector. Ujaas Energy also works in the field of renewable energy.
Name of Companies3 Year Return (%)Diamond Power Infrastructure84019Dhruv Capital Services9567Shri Adhikari Bandhu Television Network8558Waari Renewable Technologies7750SG Mart7445Ujjwal Urja7148Jhaveri Credits & Capital6769Advait Infratech6536Gensole Engineering6498JITF Infralogistics6202Raj Rayon Industries6153Tinna Rubber & Infrastructure5638Vantage Knowledge Academy5538NIBE5379Shilchar Technologies5315
Very high risk in multibagger stocks
However, keep one thing in mind. Too much greed is a bad thing. Experts say that one should do thorough research before investing in multibagger stocks. Shares of big companies are safer.
Bijul CEO Atul Parikh says that given the current market conditions, one should invest wisely. One can earn good profits in sectors like IT, capital goods, private banks and healthcare. That is, think and understand carefully before investing.
Disclaimer: The suggestions given in this analysis are those of individual analysts or broking companies, not of NBT. We advise investors to consult certified experts before making any investment decision. As stock market conditions can change rapidly.