These 3 multibagger small cap stocks rose between 1400% to nearly 2500% in one year - Do you own any?
Indian equity market grew with unprecedented rate in the first half of Financial Year 2021-22, until domestic market was marred by corrections and volatility due to multiple triggers since October 2021.
Indian equity market grew with unprecedented rate in the first half of Financial Year 2021-22, until domestic market was marred by corrections and volatility due to multiple triggers since October 2021. However, despite all the negative developments, the benchmark indices gave a robust return of around 19% in the previous financial year. The year saw small cap and midcap stocks doing exceedingly well in comparison to their large cap peers. Despite seeing corrections in recent times, many of these mid cap and small cap stocks are still exhibiting massive return and are trading higher by up to 25x. Three such multibagger stocks are—BrightCom Group, TTML and Automotive Stampings and Assemblies. As on April 13, these stocks surged between 1464% to 2458% from their respective 52-week lows
Brightcom Group (BCG)
Part of S&P BSE 500, this multibagger penny stock rose from Rs 3.49 on May 5, 2021 to Rs 122.88 per share as on December 24, 2021.
On April 13 closing price of Rs 95.65 on the BSE, the share has surged over 24 times (2458%) in the past one year.
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Brightcom Group consolidates Ad-tech, New Media and IoT based businesses across the globe, primarily in the digital eco-system
Automotive Stampings and Assemblies
The share of this auto component and equipment maker has given 1753% or 17x return in the past one year as on April 13. From 52-week low of Rs 31 on April 20 last year, the share zoomed to hit 52-week high of Rs 923.85 per share on the BSE on January 11 this year.
On April 13, shares of Automotive Stampings and Assemblies ended with 5% gain to RS 602.70 on the BSE, gain of 1753% in one year.
Automotive Stampings and Assemblies Limited (ASAL), Manufactures and supplier of sheet metal components, welded assemblies and modules for automobiles.
Tata Teleservices (Maharashtra) Limited
TTML shares jumped from its 52-week low value of Rs 10.55 to trade on year’s high value of Rs 291.05 a share on the BSE.
A S&P BSE 500 stock, TTML shares gave a return of 1464% on Wednesday closing price of Rs 185.75 per share on the BSE.
Tata Teleservices (Maharashtra) Limited (TTML) is a leading player in the connectivity and communication solutions market serving enterprise customers
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