Dont turn blind eye to these shares below Rs 100 with high PE as ten of them turn multibagger within a year!
Dont turn blind eye to these shares below Rs 100 with high PE as ten of them turn multibagger within a year!

Dont turn blind eye to these shares below Rs 100 with high PE as ten of them turn multibagger within a year!

Who says high PE stocks don’t perform?! Here are some of the best-performing stocks that have turned into multi-baggers in just one year

Karan Dsij Article rating: 3.7

A high PE ratio indicates that market participants expect high levels of earnings and growth in the future. Shares are rising faster than earnings in anticipation of improved earnings.

Shares below Rs 100: These stocks got locked in the upper circuit on June 16
Shares below Rs 100: These stocks got locked in the upper circuit on June 16

Shares below Rs 100: These stocks got locked in the upper circuit on June 16

List of low-priced stocks that got locked in the upper circuit on Thursday

Shreya Chaware Article rating: 4.9

At 10.30 am on Thursday, the benchmark indices, i.e. Sensex and Nifty 50 were trading marginally higher as amicable commentary by US Fed Chairman Jerome Powell boosted sentiments. Reliance Industries, banks, and IT stocks led the rally. Sensex was at 54,465.28 level, up by 186.88 points or 0.36 per cent higher while Nifty was at 15,729.70 level, up by 37.55 points or 0.24 per cent. 

Stocks below Rs 100: Only buyers seen in these scrips on March 2
Stocks below Rs 100: Only buyers seen in these scrips on March 2

Stocks below Rs 100: Only buyers seen in these scrips on March 2

Top losers dragging headline indices lower comprise of Asian Paints, Maruti Suzuki, ICICI Bank, HDFC Bank and Kotak Mahindra Bank.  

Armaan Madhani Article rating: 3.9

During early market hours on Wednesday, bears seemed to have gripped Indian equity markets on the back of exacerbating geo-political tensions among Russia and Ukraine.

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