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

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

Shreya Chaware
/ Categories: Trending, Multibaggers

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:  

Sr No.  Company Name Sector LTP (Rs) YTD Returns (per cent)
1 Kaiser Corporation Ltd Plastic Products 75.1 2,591.76
2 Hemang Resources Ltd Trading 57.4 1,757.61
3 Gallops Enterprises Ltd Finance 69.3 1,419.74
4 Alliance Integrated Metaliks Ltd Capital Goods 32.9 1,116.27
5 Hemo Organic Ltd Healthcare 67.5 768.73
6 Madhuveer Com 18 Network Ltd Trading 24.25 756.89
7 BLS Infotech Ltd IT 5.15 717.46
8 Mid India Industries Ltd Textile 22.85 547.31
9 Gujarat Cotex Ltd Trading 13.11 545.81
10 Sylph Technologies Ltd IT 18.15 515.25
11 Salem Erode Investments Ltd Finance 54.65 472.25
12 Diligent Industries Ltd Agri 15.53 439.61
13 Cressanda Solutions Ltd IT 33.4 416.23
14 Khoobsurat Ltd Finance 2.44 388
15 Sadhna Broadcast Ltd Media & Entertainment 9.68 384
16 Nexus Surgical And Medicare Ltd Finance 10.37 333.89
17 Gujchem Distillers India Ltd Chemicals 59.85 325.37
18 Lesha Industries Ltd Trading 26.6 322.22
19 Step Two Corporation Ltd Finance 24.3 306.35
20 Beekay Niryat Ltd Trading 29.65 300.13
21 Supreme Holdings & Hospitality (India) Ltd Realty 67.95 293.46
22 IFL Enterprises Ltd Trading 79.6 256.15
23 MRC EXIM Ltd Trading 66.25 247.22
24 BCL Enterprises Ltd Finance 2.91 243.57
25 Triveni Glass Ltd Construction Materials 25.9 239.9
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