Murgappa Group-backed multibagger stock has surged from Rs 4.75 to Rs 450; now it gets into the race of the semiconductor space with an estimated investment of USD 791 million!
Murgappa Group-backed multibagger stock has surged from Rs 4.75 to Rs 450; now it gets into the race of the semiconductor space with an estimated investment of USD 791 million!

Murgappa Group-backed multibagger stock has surged from Rs 4.75 to Rs 450; now it gets into the race of the semiconductor space with an estimated investment of USD 791 million!

Stock languished in single digits at Rs 4.75. Fast forward to today and behold the awe-inspiring ascent to Rs 430.

Karan Dsij Article rating: 4.3

The ambitious project demands an estimated investment of a staggering USD 791 million over five years. But fear not, for the funding plan is as robust as the vision itself – a mix of subsidy, equity contributions from JV partners, and judiciously chosen debt.

Three of the Murugappa Group stocks turn multibaggers from last Diwali to this one; top-performing stock delivers 121 per cent returns!
Three of the Murugappa Group stocks turn multibaggers from last Diwali to this one; top-performing stock delivers 121 per cent returns!

Three of the Murugappa Group stocks turn multibaggers from last Diwali to this one; top-performing stock delivers 121 per cent returns!

So, here is the performance of the stocks of Murugappa Group from last Diwali to this one:

Karan Dsij Article rating: 4.5

The performance of the benchmark index might not appear fascinating but the truth is that it has relatively outperformed its western peers. With this relative outperformance, there was one group that soared over 45 per cent from last Diwali to this one (custom-made index of this group of stocks)

Ready for a different take on this Murugappa Group stock? Know why we think it's a perfect valuation!
Ready for a different take on this Murugappa Group stock? Know why we think it's a perfect valuation!

Ready for a different take on this Murugappa Group stock? Know why we think it's a perfect valuation!

This aided the stock to touch a fresh all-time high level of Rs 1,075.10 while on a YTD basis, it delivered handsome returns of 37 per cent.

Karan Dsij Article rating: 3.9

Considering a 50 per cent discount comes to Rs 8,510.10 crore. So, the standalone value of the business would be Rs 1,444 crore! Isn’t it amazing that we are getting the entire business at such a cheap valuation? 

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