Multibagger update: Stocks that soared up to 918 per cent in last one year

After August 2020, while the equity markets were busy recovering from the second wave, some stocks refused to leave the upward trajectory and from August 2020 to August 2021, these have delivered returns up to 918 per cent.  

After severely facing the strain of the COVID-19 pandemic, August 2020 and August 2021 are the months depicting the recovery of the economy from the first and second waves of COVID-19, respectively. Being at 39,000 levels in August 2020, BSE's Sensex is today trading at 56,000 levels.  

The bouncing back of the economy from these brunts in 2020 & 2021 has certainly proved that tough times do not last forever. After August 2020, while the equity markets were busy recovering from the second wave, some stocks refused to leave the upward trajectory and from August 2020 to August 2021, these have delivered returns up to 918 per cent.  

Among the list of companies having market capitalisation equal to or more than Rs 5,000 crore, the top-performing stock in the last one year was Tata Teleservices (Maharashtra). The stock has zoomed 918.68 per cent fading the returns of other stocks in the category. A subsidiary of Tata Group, Tata Teleservices (Maharashtra) is an Indian broadband & telecommunications service provider based in Mumbai. Recently, Tata Teleservices has joined hands with Zoom Video Communications, Inc., the world's leading frictionless video-first communications platform to scale up and provide an intuitive, scalable, and secure communications solution to enterprises & individuals alike. The company aims to grasp Zoom's robust and secure platform to cater to the growing collaboration requirements of enterprises for seamless unified communications. 

Have a look at other top stocks in the category that have charmed the investors in the past one year: