Nifty 500 index, representing the top 500 companies by market capitalisation, provides a detailed view of the overall market strength. Reflecting strong performance across large, mid and smallcap segments, the index has gained around 167 per cent in the last 5 years. Nonetheless, this comes even as the index during the review period saw both sharp rallies as well as remarkable corrections.
1/8Like broader indices, the Nifty500 index is also witnessing strong resistance close to higher levels and in recent weeks has witnessed profit-booking together with bouts of volatility.
2/8The index's broad-based diversification as well as historical return trend supports a long-term positive outlook as India Inc earnings show recovery amid the booming Indian economy.
3/8Here are some multibagger stocks which yielded a mind-boggling return of up to even as Nifty 500 registered periods of both strong gains as well as sharp corrections.
4/8In the last 5 years, the stock has gained a whopping 14,898 per cent. PG Electroplast, operating in the electronic goods and services segment, offers electronic manufacturer services (EMS) for original equipment manufacturers of consumer electronic products.
5/8The stock's 5-year return is at 10,975 per cent. The midcap company is a holding company that is engaged in manufacturing a range of transformers.
6/8The stock in a 5-year period has delivered a whopping return of 10,021 per cent. The company is engaged in providing end-to-end solutions to utilities, industries and consumers.
7/8In the last 5 years, the scrip of the country's oldest exchange has climbed an outstanding 5,155 per cent.
8/8This stock from the heavy electrical equipment space has soared a whopping 4,580 per cent in the last 5 years.