5 multibagger stocks within Nifty500 index that gave up to 14,898% return in last 5 years
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.
Nifty500's recent peformance
Like 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.
Outlook
The 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.
5 multibaggers from Nifty500 index in last 5 years
Here 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.
PG Electroplast
In 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.
Transformers and Rectifiers
The 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.
CG Power and Industrial Solutions
The 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.
BSE
In the last 5 years, the scrip of the country's oldest exchange has climbed an outstanding 5,155 per cent.
Elecon Engineering
This stock from the heavy electrical equipment space has soared a whopping 4,580 per cent in the last 5 years.