All stocks from unsung Mafatlal Group turn multibagger with maximum gains of 4x delivered by Navin Fluorine!
Two of the flagship companies of the group are Mafatlal Industries and NOCIL Limited.
India is in a transition phase and the investors of the modern era are inclined towards saving & investing in various financial instruments. Though we have seen an uptick in the number of investors in the Indian equity market since the outbreak of the pandemic, it’s much lower than in the US and the UK.
Equity investment isn’t that straightforward and at the same time, not as narrow as we perceive that only a handful of stocks can help generate wealth! If you are someone who believes that only the mighty Ambani, Adani, or Tata Group can generate enormous wealth for investors, then you need to have a reality check as there are many other groups that have helped their shareholders in building massive wealth!
In this article, we are going to talk about one of the groups, which are unsung and overlooked by many, but you would be shocked to know, how much return it has delivered for its shareholders.
So, the group that we are discussing here is Arvind Mafatlal Group, a 117-year-old Indian conglomerate, having interests in the diverse fields of textiles, rubber chemicals, information technology, real estate, e-commerce, and healthcare. The group holds a strong ethos for values, technology & adaptability, and these have remained unshaken even though the company witnessed various stages of consolidation & expansion over the years. Two of the flagship companies of the group are Mafatlal Industries and NOCIL Limited. Meanwhile, Navin Fluorine International is a part of this group.
So, here is the performance of the stocks of this group from December 31, 2019, to date.
|
Stocks name
|
Gains (per cent)
|
|
NAVIN FLUORI
|
278.52
|
|
MAFATLAL IND
|
259.05
|
|
NOCIL LTD
|
191.52
|
Interestingly, all the stocks of Arvind Mafatlal Group have been a multibagger ">Multi-bagger as Navin Fluorine International delivered the best gains of nearly fourfold, followed by Mafatlal Industries with gains of 259 per cent and NOCIL by 191.52 per cent during the same period.
Now, the question arises as to why management matters in the investing world. As an investor, when you buy shares of a company, you become a part owner of that business. As such, you enter into a partnership with the management of that company to participate in the success and failure of that business. Moreover, all good stocks fall in a bear market but the quantum of fall is proven and the management with a good track record falls lesser than others but they are prone to rise & recover on the first signs of stability.