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Majority of Murugappa Group stocks turn multibaggers; top stock delivers 18x returns
Karan Dsij
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Majority of Murugappa Group stocks turn multibaggers; top stock delivers 18x returns

The top performing stock has delivered astronomical returns of over 1750 per cent.

One of the well-known and celebrated groups in the country is Murugappa Group. It began as a banking enterprise in the pre-World War 1 era in Burma (Myanmar).   

Shifting to India during the turbulent war years, the group established its base in the South. It grew by leaps & bounds, building strong, market-leading companies in critical sectors like agri-solutions, financial services, and engineering.  

Today, Murugappa Group is a Rs 54,700 crore conglomerate, with an exceptional reputation for value creation and high standards of governance.  

Let’s check out the performance of Murugappa Group in three years. For the current year, we have just considered the YTD performance.   

So, here is the performance of the stocks of Murugappa Group: 

 

Company Name 

Gains in Percentage 

CGPOWER 

1761.11 

TIINDIA 

317.98 

WENDT 

200.63 

EIDPARRY 

169.91 

CARBORUNIV 

151.62 

SHANTIGEAR 

145.08 

CHOLAFIN 

114.81 

COROMANDEL 

96.09 

CHOLAHLDNG 

25.64 

 

 

CG Power and Industrial Solutions Ltd is the top performing stock as it delivered astronomical returns of over 1750 per cent. CG Power and Industrial Solutions was acquired by Tube Investment of India (TII) of Murugappa group in 2020. Interestingly, the company has achieved financial turnaround in its first full year of operations ended March 22.  

Second best performing stock is Tube Investments of India Ltd as the stock has delivered over fourfold returns in the mentioned time frame, which is followed by Wendt (India) Ltd with 200 per cent gain.

An important point to note all the stock have delivered positive returns, while majority of them turned  

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6 comments on article "Majority of Murugappa Group stocks turn multibaggers; top stock delivers 18x returns"

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@sriganeshsir

Professionally Management, Consistent Track Record and High Ethical values have resulted in this stupendous performance of all the Murugappa Group Companies


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Balasubramaniam S

Best stocks


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Vidya sagar Juneja

Honesty and sincerity and Hard work by Sir Murugappa led to progress of companies by leaps and Bounds God bless.


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VENKATA RAMARAO BHOGADI

Murugappa group companies are multibagger stocks due go high efficiency workers, quick decisions of Management.


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Achaya

Murugappa Group is known for its highly ethical business governance. The group adapts to changes in the business environment very quickly


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Kashyap Ray

Murugappa group is very ethical, professional and they pay my company which is an MSME dot on time for the last 40 years….

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