Five most successful multibagger MNC stocks in last 5 years!

Multi-national corporation (MNC) stocks are quite popular among the investors' group largely because they are good dividend payers and also, play defensive when volatility increases.   

Considering that the volatility index is cyclical in nature i.e., a period of low volatility is often followed by periods of high volatility and vice-versa. Currently, the volatility index i.e., India VIX is trading at a lower level and as we have mentioned earlier, a low period of volatility is often followed by high volatility, market participants are also anticipating the same and hence, there is a lot of interest seen in the MNCs stocks. In the last fortnight, we have seen many stocks from Nifty MNC Index scaling to a fresh high. Hence, we thought that it would be a good idea to check the list of the top 5 performing stocks from Nifty MNC index.   

So, here are the top 5 wealth creator MNC stocks: 

Britannia Industries: The stock is up by nearly 447 per cent in the 5-year period. It had closed at a level of Rs 721.58 in the year 2016 and currently, quoting around its lifetime high levels. The stock is up by more than 100 per cent on a YTD basis.   

Mphasis: Mpahsis, which is from the IT consulting & software industry, has gained nearly 78 per cent on a YTD basis. The stock has jumped nearly 384 per cent in the 5-year period.   

Honeywell Automation: The year 2021 has not been good for this stock as it is just up by just 7.26 per cent on a YTD basis. However, over the period of 5 years, it has delivered magnificent returns of nearly 344 per cent.   

Abbott India: The stock is up by 19.47 per cent on a YTD basis thereby, outperforming Nifty index marginally as Nifty has delivered close to 18.97 per cent on a YTD basis. The stock has jumped near 300 per cent in the 5-year period.   

Bata India: Despite being an underperformer in the year 2021, as the stock is up by 8.63 per cent on YTD as against gains of 18.97 per cent of Nifty index, the stock has managed to deliver handsome returns of 281 per cent during the 5-year period.   

From the above, it is clear that investing is more of a long-term game. Some fundamentally good stocks might underperform for the time being but one should focus for a longer duration while investing for the long term.