‘Hamara Bajaj turns out to be a pot of gold on delivering five multibaggers; top stock gains 4x in just two years!

Bajaj Finance and Bajaj Holdings have also been multi-baggers as they registered gains of over 100 per cent each

When we talk about Bajaj, the first thing that echoes is the famous 1989 ‘Hamara Bajaj’ jingle, which was one of India’s first inclusive campaigns. It was an all-embracing brand in the sense that ‘Hamara Bajaj’ meant a lot more than ‘Mera Bajaj'.   

Coming to the history of this famous group, a philanthropist instinctively took the unprecedented step of using business to serve society. He was the founder of Bajaj Group - Jamnalal Bajaj. He strongly believed that the ‘common good was more important than individual gain’. His philosophy, which has stood the test of time, was successfully taken forward by his sons - Kamalnayan Bajaj & Ramkrishna Bajaj, and is now spearheaded by Rahul Bajaj. This has taken the group to higher levels of success and respect.  

The group, which now stands tall in the corporate world, has a market capitalisation of about Rs 6,75,000 crore with 40 group companies and approximately 36,000 employees. It offers an extensive range of products & services, including motorised two and three-wheelers, home appliances, electric lamps, wind energy, special alloys along with stainless steel, cranes, material handling equipment, travel, general as well as life insurance & investment, consumer finance, and asset management.  

Now, let’s look at the performance of Bajaj Group stocks in the last two years: 

Here is the performance of Bajaj Group stocks. I’m sure many of you would assume either Bajaj Finserv or Bajaj Finance to be the top performing stock; if so, you’re in for a surprise!  

Surprisingly, the top gainer is Mukand Ltd, which became a four-bagger! It is followed by Bajaj Finserv and Bajaj Electricals, which turned out to be multibagger ">Multi-baggers as well with gains of 157 per cent & 133 per cent, respectively.   

Bajaj Finance and Bajaj Holdings have also been multi-baggers as they registered gains of over 100 per cent each. Meanwhile, at the bottom of the table is Bajaj Consumer as it is up by only 1.57 per cent.   

So, out of 10 stocks, almost five of them emerged as multi-baggers!  

Do you hold any of them? Let us know in the comments section!