Multibagger stocks, Feb. 1 -- Despite it being a tumultuous year for the Indian stock market since the last Budget, with Sensex rising just 6%, there are several stocks that have emerged as wealth multipliers offering up to 459% gains.
There are 27 stocks that made the cut, according to Capitaline data, as they surged 100% or more since the last Budget. For the purpose of this study, we considered only those companies that had a market capitalisation of Rs.500 crore or more.
Mint analysis showed that all these multibagger stocks belonged to the mid-cap and small-cap categories, with Multi Commodity Exchange having the highest market capitalisation of over Rs.64,000 crore.
Among these 27 stocks, Cupid emerged as the leader and the only ...
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