These multibaggers of 2020, doubled in 2021 as well!

These multibaggers of 2020, doubled in 2021 as well!

Geyatee Deshpande
/ Categories: Trending, DSIJ News

Alkyl Amines proved to be a star compounder since January 2000

While multibaggers are floating around in 2021, investors are spoilt for choice in 2021. A huge amount of wealth has been created in the past one year including five months of 2021.  


Yet surprisingly, from the pack of BSE 500 constituents, only three contenders have more-than-doubled investors’ wealth in 2020. Even in 2021, they managed to multiply investors’ wealth up to three times. Besides, two out of the three stocks belong to the same business group i.e. Adani Group.  


Alkyl Amines proved to be a star compounder since January 2000. Poly Medicure and Tata Elxsi just missed the bus as these two quality BSE 500 stocks managed to gain 96.69 per cent and 91.16 per cent, respectively in 2021 after more than doubling their share prices of 2020.  

Company name 

Returns (per cent) 

2020* 

YTD 

Adani Total Gas Ltd 

111.87 

334.65 

Alkyl Amines Chemicals Ltd 

246.76 

131.31 

Adani Enterprises Ltd 

130.45 

246.58 

Poly Medicure Ltd 

134.59 

96.69 

Tata Elxsi Ltd 

121.4 

91.16 

*Returns calculated according to calendar year 2020. 

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