Eight years of Modi Government: Do you own these multibagger small-caps that gained up to 20,800 per cent?
Since Narendra Modi was elected as PM in May 2014, BSE Sensex has gained by more than 124 per cent.
Equity markets have come a long way since Narendra Modi got elected as the Prime Minister of India. The expectation was set high by the market participants as the leadership change promised unprecedented reforms that can put India on a high growth trajectory. Since Narendra Modi was elected as PM in May 2014, BSE Sensex has gained by more than 124 per cent.
Several sectors have performed well during the current regime. Many stocks have also turned out to be multibaggers since May 2014. We have witnessed a huge wealth creation in the small-cap stocks as well.
Here is the list of top-performing multibagger small-cap stocks since May 2014:
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Top 10 small-cap stocks
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Company name
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Sector
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Latest market cap
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Returns from May 26, 2014 to May 26, 2022
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Tanla Platforms Ltd
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IT
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17,727.01
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20,827.88
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GRM Overseas Ltd
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FMCG
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2,041.2
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14,075
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NGL Fine-Chem Ltd
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Healthcare
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1,115.38
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7,268.98
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HLE Glascoat Ltd
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Capital goods
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4,614.81
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6,784.01
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Vidhi Specialty Food Ingredients Ltd
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Chemicals
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1,932.62
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6,641.29
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Paushak Ltd
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Chemicals
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2,753.08
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6,166.19
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Stylam Industries Ltd
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Construction materials
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1,360.51
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6,122.87
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Balaji Amines Ltd
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Chemicals
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8,963.9
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5,786.28
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Medicamen Biotech Ltd
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Healthcare
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759.87
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5,638.01
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Minda Industries Ltd
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Automobile & ancillaries
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25,407.37
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5,589.66
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