Check now: These top multibaggers of 2022 that trade below Rs 100 per share have gained up to 2,591 per cent!

We find that at least 126 stocks that trade below Rs 100 per share have more than doubled in 2022, so far.

While the market mood is not bullish and there are talks of a recessionary environment in the large global economies viz., US & European countries, we have seen several stocks struggling to deliver positive returns.  

BSE Sensex is down by more than 8 per cent on a YTD basis even as the broader markets underperform marginally. In the global context, the Indian markets are faring relatively better even though a few experts believe that more downside is possible in the Indian markets. While, on a forward basis, some experts suggest markets (Nifty) may stabilize at 16X forward earnings while some FIIs have expressed their willingness to add their positions in India if Nifty comes to 14000 levels. .  

While the mood is sullen for a few, there are several stocks that have created wealth for investors in 2022 alone, in weak markets. We find that at least 126 stocks that trade below Rs 100 per share have more than doubled in 2022, so far.  

Below is the list of the top 25 multibaggers of 2022 that are trading below Rs 100 even after multiplying in price: