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