Do you own this small-cap company, in which, a 1 lakh rupee investment a year ago is now worth Rs 2 crore?
The stock has delivered 196 per cent in the last six months and soared 2,586 per cent year-to-date!
In 2022, so far, the equity markets pared and traded mostly on the lower side. The bullish sentiment among investors is lacking as the key benchmark indices have only gained 1 per cent year-to-date. A few stocks, however, have proven to be multi-baggers and delivered exceptional returns.
Kaiser Corporation topped the list of multi-baggers for the year 2022. Due to the company's shares skyrocketing more than 20,000 per cent within a span of one year, an investment of Rs 1 lakh made a year ago would now be worth Rs 2 crore! The stock has delivered 196 per cent in the last six months and soared 2,586 per cent year-to-date!
The prices of the stock at its 52-week high and low stand at Rs 130.55 & Re 0.39, respectively. The company is worth Rs 412 crore on the market. Promoters owned 59.52 per cent of the company while the non-institutional investors hold a sizeable 40.48 per cent position.
Incorporated in 1993, Kaiser Corporation Ltd is a Small-Cap business that prints labels, stationery, magazines, and cartons. The company primarily handles printing for small and medium-sized corporations.
Keep a close eye on this stock for the upcoming sessions!