These small-cap stocks have given multibagger returns in just a year!

These small-cap stocks have given multibagger returns in just a year!

Ashwin Urkude
/ Categories: Trending, Mindshare

All of these stocks has given more than 100 per cent returns.

As per SEBI, the companies that are ranked 251 and below are known as small-cap companies. Market capitalization, also referred to as "market cap," is the sum of the market values of all shares of a company's stock that are currently outstanding.

Small-cap stocks often have higher risks and greater potential returns than those of larger, more established businesses. This is because small-cap companies can potentially have less developed business models, fewer financing availability, and less market share. Smallcap stocks, however, could experience tremendous growth if the business succeeds.

Investing in small-cap stocks requires careful research and analysis of the company's financials, management team, competitive landscape and growth potential. Small-cap stocks may also be more volatile than larger companies, so it is important to have a diversified investment portfolio to manage risk. 

Multibagger return is a term used in the financial markets to describe a stock or investment that generates returns that are several times the initial investment. Multibagger returns are generally associated with high-risk, high-reward investments, such as small-cap stocks, emerging market equities, and start-up companies. While these investments have the potential to generate significant returns, they also come with a higher level of risk.

Here is the list of companies which have given multibagger returns just a year, as of 17th April 2023:

Company Name

Latest Market Cap(crore)

Latest Price (Rs)

Returns (%)

Apar Industries Ltd.

10644.23

2781.45

302.03

Power Mech Projects Ltd.

3714.29

2491.75

183.48

WPIL Ltd.

2568.84

2630.1

183.23

Titagarh Wagons Ltd.

3453.21

288.8

183

Sterling Tools Ltd.

1545.26

428.95

173.3

Kirloskar Oil Engines Ltd.

5740.53

396.6

159.98

Waaree Renewable Technologies Ltd.

1854.5

890.95

155.65

Universal Cables Ltd.

1373.42

395.85

144.43

Tanfac Industries Ltd.

1455.25

1431.9

136.09

Safari Industries (India) Ltd.

5315.12

2241.6

128.33

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