Multibaggers of September: Do you own any of these stocks that soared up to 216 per cent in just one month?

Multibaggers of September: Do you own any of these stocks that soared up to 216 per cent in just one month?

Mandar Wagh
/ Categories: Trending, Multibaggers

Here is a list of the top 10 multibaggers, which have drawn investors' attention with their extraordinary returns in just one month!

In an effort to combat the high inflation that had beaten the global financial markets, the US Federal Reserve announced an interest rate hike of 75 basis points. On the back of recessionary fears, the majority of global indices tumbled. Continuously rising inflation hampered market expansion and central banks around the world adopted all aggressive measures to reduce it. 

In response to rising inflationary concerns and a decline in the value of the rupee, the Reserve Bank of India also announced a 50-basis point increase in its policy rate on Friday. Over the course of a month, the benchmark indices BSE Sensex and Nifty 50, both dropped 2-3 per cent. Despite the weakness of the domestic and global markets, a number of stocks have outperformed the indices and surprised investors with their extraordinary returns. 

Here is a list of the top 10 multibaggers, which have drawn investors' attention with their extraordinary returns in just one month! 

Company Name  Latest Market Cap (Rs crore) 1 Month Returns (%)
Alstone Textiles 80.95 216.39
Sonal Mercantile 178.34 184.04
Virgo Global  4.14 179.43
Baroda Rayon Corporation  486.41 177.52
Madhusudan Securities  9.35 170.78
Sarda Proteins  16.19 162.38
RMC Switchgears  67.04 161.4
Northern Spirits  247.99 156.64
Indo Euro Indchem  24.64 154.3
Golechha Global Finance  12.68 151.09
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