The stock gave multibagger returns of 132.91 per cent in just 1 month whereas BSE small-cap index was down by 5.39 per cent.

Amidst all this chaos, as the saying goes ‘champions are made on hard days’, we are seeing the shares of Anil Dhirubhai Ambani Group (ADAG) companies buzzing on the bourses despite the severe sell-off in the benchmark indices.  

The export-oriented sectors like information technology and pharmaceutical stocks perform well. However, this time around, there is another sector that has caught investors’ interest.   

The total traded volume for the day stands at a staggering 87 lakh, which is the highest single-day traded volume in almost the last five months.

A 100-bagger is simply a stock that jumps from Re 1 to Rs 100. These are rare gems and many well-known investors have turned wealthy because some of the stocks in their portfolios have become a 100-bagger.

Minda Industries Ltd (MIL), the parent company of UNO MINDA Group, announced on June 29 that it had invested 14.99 million euros to purchase a 5.24 per cent stake in FRIWO AG in Germany. 

After a stellar performance in CY21, the equity markets have reacted negatively to developing volatile geopolitical situations in 2022. BSE Sensex is up by nearly 4 per cent in the past one year even as Dow Jones Industrial Average (DJIA) has plunged over 6 per cent while Nasdaq tumbled more than 16 per cent during the same time period.