Investment of Rs 10,000 in each of these small-cap stocks would have turned your portfolio to Rs 1.35 lakh in just a span of four months!

Thus, all the stocks have turned multi-baggers! Interestingly, all the stocks are from the small-cap universe.

In mid-June, the known devil emerged from the woodworks when US Federal Reserve did what was widely expected – the most aggressive rate hike since November 1994. However, the most surprising element was witnessing the rally in the Indian markets. 

Indian markets rallied nearly 19 per cent from June lows to the September high of 18,091 on Nifty. However, as it’s said, what goes up, must come down- that’s how gravity works, and hence, Nifty corrected nearly 7.5 per cent from its September highs. This was a swift correction on the back of selling by FIIs and a strong rally in the US Dollar Index. Moreover, sentiments are seeing a sharp U-turn on the back of hopes that Federal Reserve might soften its stance on tightening rates to combat inflation. Along with this, the retreat in the US Dollar Index and FIIs turned net buyers on Monday. 

So, let us look at the top five stocks that have performed extremely well wherein, an investment of mere Rs 10,000 in each would have turned into Rs 1,35,211 in a span of around just four months! 

So, here is the complete list: 

PC Jeweller was among the Top Gainers! An investment of Rs 10,000 would have given you an opportunity to buy 423 shares of the stock while an investment of Rs 10,000 in this stock would have turned into Rs 37,696; isn’t it amazing?! Likewise, an investment of Rs 10,000 in the stock of Total, Liberty Shoes, Imagicaa, and Sikko would have delivered returns of 176 per cent, 140 per cent, 145 per cent & 114 per cent, respectively. Thus, all the stocks have turned multi-baggers! Interestingly, all the stocks are from the Small-Cap universe. 

Do you hold any of the above-mentioned stocks? If yes, please share your views in the comments section.