In the last few years, we saw equity mutual funds generating phenomenal returns.

In last couple of weeks, we are seeing sudden divergence in the performance between world equity markets and the Indian equity market.

We had recommended CIE Automotive India Ltd. in Volume 38, Issue No. 25 dated Nov 6, 2023— Nov 19, 2023, under the ‘Cover Story’ segment.

The company has a market cap of over Rs 1,200 crore with a 3-year stock price CAGR of 70 per cent. 

From Rs 2.03 per share to Rs 56.70 per share, the stock gave multibagger returns of 2,693 per cent in 3 years.

Shares of the company gained more than 40 per cent in the last one month.

Hello gossip mongers! In this earnings season, Electrosteel Castings Ltd has reached significant milestones, with revenues soaring to `7,580 crore.

In FY24, the promoters of the company bought 30,59,786 shares and increased their stake to 71.60 per cent compared to 70.70 per cent in FY23.

By 9.15 am, the index stood at 73,298.65signifying a loss of 311.62 points or 0.43 per cent over its previous closing. 

The IPO garnered significant interest, boasting a subscription rate of 86.69 times. The QIB and NII categories saw subscription rates of 125.51 times and 50.60 times, respectively.

Shares of the company gained over 140 per cent in the last six months.

The company's shares have delivered an impressive return of around 280 per cent to their shareholders in just 1 year.

FIIs have increased their stake while the President of India’s stake is currently valued at around Rs 27,105 crore in the company.

The stock gave multibagger returns of 600 per cent in just 2 years and a whopping 1,900 per cent in 5 years.

With 2,161 stocks advancing compared to 1,641 stocks declining, the broader market sentiment remained positive.

The stock gave multibagger returns of 160 per cent in just 1 year and a whopping 600 per cent in 3 years.

The shares of the company have an ROE of 45.9 per cent and an ROCE of 61.1 per cent. 

Since the fiscal year 2018-19, Modi has experienced a doubling rise in his taxable income from Rs 11 lakhs to Rs 23.5 lakh in 2022-23.

Market volatility, as indicated by India VIX, has slightly surged by 0.38 per cent, reflecting slight increase in market volatility.

The financial highlights indicate a robust performance and growth trajectory for the company in both the quarterly and annual periods.

The company's shares have an ROE of 28 per cent and an ROCE of 23 per cent. 

The stock’s 52-week high is Rs 50.72 and its 52-week low is Rs 8.19.

The stock gave multibagger returns of 220 per cent in just 1 year and a whopping 1,000 per cent in 3 years.

On the sectoral front, the indices were trading in mixed with the BSE Capital Goods Index and BSE Power Index being the top gainers while the BSE Financial Services Index and BSE Auto Index were the top losers.

On May 14, 2024, foreign institutional investors (FII) offloaded shares worth Rs 4,065.52 crore, while domestic institutional investors (DII) bought shares worth Rs 3,527.86 crore.

Shares of the company gained more than 130 per cent in the last six months.

 The company has a market cap of over Rs 7,000 crore and as of March 31, 2023, the order book exceeds Rs 1,000 crore.

Following the initial 15-day suspension period, trading in shares will be allowed on a trade-for-trade basis in the Z category on the first trading day of every week for six months.

The stock gave multibagger returns of over 120 per cent from its 52-week low of Rs 43.35 per share.

The investors of this company have enjoyed multibagger absolute returns of over 36,000 per cent.

According to the shareholding pattern of March 2024, FIIs increased their stake to 1.73 per cent and DIIs increased their stake to 5.30 per cent compared to 0.33 per cent and 0.04 per cent in December 2023.

The shares of the company have an ROE of 26 per cent and an ROCE of 29 per cent.

Overall, the broader market sentiment remains positive, with 2,304 stocks advancing compared to 1,382 stocks declining.

The stock gave multibagger returns of 460 per cent in just 1 year whereas BSE Small-Cap Index is up by 56 per cent.

Shares of the company gained more than 150 per cent in the last six months.

The stock gave multibagger returns of 218.6 per cent from its 52-week low is Rs 98.23 per share.

From Rs 90.25 (52-week low) to Rs 203 per share (intraday high), the stock gave multibagger returns of over 100 per cent.

Infosys has consistently held 3.84 per cent ownership in the company for the past two consecutive quarters, while FIIs and DIIs hold 2.75 per cent and 3.76 per cent, respectively.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 72.30 points or 0.10 per cent.

Shares of the company gained more than 50 per cent in the last six months.

The company's PAT grew by 78 per cent, while revenue increased by 55 per cent in FY24. Additionally, the company reduced its debt by 43 per cent according to the recent update.

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The stock gave multibagger returns of over 120 per cent from its 52-week low of Rs 315.60 per share and a whopping 475 per cent in 3 years.

Over the last three years, the company has shown robust growth, with revenue up 38 per cent annually, operating margins consistently above 40 per cent, and PAT margins above 30 per cent.

The shares of the company have a PE of 20x whereas the industry PE is 50x.

This Semiconductor company's shares have delivered an impressive return of over 4,300 per cent to their shareholders in just three years.

Dividend investing can be a good way to make money regularly and think about your investments over a long time.

In this analysis, we take a closer look at Go Digit General Insurance Ltd and present you with the exclusive IPO details.

The stock gave multibagger returns of 227 per cent in just 1 year whereas BSE Sensex Index is up by 18 per cent in the same period.

FIIs bought 2,80,338 lakh shares, while DIIs maintained their stake in the recent quarter.

Overall, the broader market sentiment remained positive, with 2,665 stocks advancing compared to 1,145 stocks declining, indicating an optimistic outlook among investors.

The company has a market cap of over Rs 5,000 crore and has been maintaining a healthy dividend payout of 80.2 per cent.

Market volatility, as indicated by India VIX, has declined by 0.68 per cent, reflecting slight decrease increase in market volatility.

The stock has a PE of 44x, an ROE of 27 per cent and an ROCE of 31 per cent. 

BSE-listed companies' market capitalisation is approximately - Rs 402 lakh crore or USD 4.81 trillion as of May 14, 2024.

The company's shares have delivered an impressive return of around 100 percent to their shareholders within just three months compared to its IPO issue price.

On May 13, 2024, foreign institutional investors (FII) offloaded shares worth Rs 4,498.92 crore, while domestic institutional investors (DII) bought shares worth Rs 3,562.75 crore.

The stock gave multibagger returns of 900 per cent in 3 years and a whopping 1,400 per cent in a decade.

The company’s majority of the stake is owned by the promoters of the company i.e., 74.28 per cent while FIIs own 8.04 per cent, DIIs own 1.23 per cent and the public owns 16.46 per cent stake in the company as of March 2024.

The stock is up by 36 per cent from its 52-week low of Rs 1.90 per share.

From Rs 2.08 to Rs 89.70 per share, the stock delivered multibagger returns of over 4,200 per cent in 3 years.

The stock gave multibagger returns of 130 per cent in 1 year and a whopping 970 per cent in 5 years.

Overall market sentiment is positive, with 2,571 stocks advancing compared to 991 stocks declining.

The shares of the company have an ROE of 117 per cent and an ROCE of 84 per cent.

In terms of gross premium, the company recorded Rs 20,961 crore in FY24, reflecting an 18 per cent YoY increase.

If we compare the returns with the Nifty50 index, the Nifty50 has delivered a return of 21 per cent, while the stock has delivered an impressive 180 per cent in the past year.

The stock gave multibagger returns of 275 per cent in just 1 year and of a whopping 700 per cent in 5 years.

As equity have their perks, it's essential to be cautious and not overlook other options that could help you build wealth steadily overtime.

This company is financially strong with a market cap exceeding Rs 4,000 crore and minimal debt.

The stock gave multibagger returns of 112 per cent in just 1 year and a remarkable 760 per cent in the past 3 years.

Net sales rose to Rs 3017 crore, reflecting a 6 per cent increase from Q3FY24.

The company recently raised a QIP of Rs 220 crores and is set to diversify its operations by venturing into Middle Eastern Energy Markets.

Revenue experienced a solid 28 per cent year-on-year increase, showcasing strong growth momentum.

The company will invest Rs 150 crores to increase its overall shareholding in the key player in India's drone industry, offering a comprehensive range of Unmanned Aerial Systems (UAS) technology solutions, to 58 per cent.

Overall, 1,707 stocks were advancing compared to 2,254 stocks declining, indicating a positive sentiment in the broader market.

It is always better to understand the nature of stocks to discern which is better suited for the investor's risk appetite and expectation.

Market volatility, as indicated by India VIX, has surged by 11.52 per cent, reflecting an increase in market volatility.

On May 10, 2024, foreign institutional investors (FII) offloaded shares worth Rs 2,117.50 crore, while domestic institutional investors (DII) bought shares worth Rs 2,709.81 crore.

The company boasts a double-digit Return on Capital Employed and Return on Equity, while its share price trades at under Rs 200 per share.

While market downturns can be unsettling, they also present opportunities for investors to protect their portfolios and capitalize on undervalued assets.

Shares of the company gained more than 50 per cent in the last six months.

Overall, the broader market sentiment is negative, with 1,330 stocks advancing compared to 2,474 stocks declining.

Quant Mutual Funds acquired 1,169,181 shares of the company, while Rekha Rakesh Jhunjhunwala continues to hold 5 million shares of the company in March 2024.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 509.27 points or 0.70 per cent.

Overall, market sentiment was positive, with 1,333 stocks advancing compared to 771 declining stocks.

By encouraging domestic production, India creates a massive captive market, shielding manufacturers from the price wars that plague exporters.

The bonus shares will be sourced from the company's profit reserves, and the company possesses adequate free reserves, meeting the prerequisites for the bonus issue.

The company's sales recorded a year-on-year growth of 151 per cent, while profits surged by over 200 per cent in FY23. The company is expected to announce its annual results soon.

Shares of the company gained more than 140 per cent in the last six months.

Market volatility, as indicated by India VIX, has surged by 2.2 per cent, reflecting an increase in market volatility.

The group has a share of over 55 per cent in the organised domestic paints market (the second-largest player has a market share of 19 per cent).

FIIs have increased their stake while DIIs entered by purchasing a 2.18 per cent stake in the March quarter of FY24.

President of India holds substantial stake in the company, while the FIIs have increased their stake in the March quarter of FY24.

The rationale behind these strategic moves is multifaceted. It aims to foster better business synergies and secure a competitive advantage in the market also capacity expansion is a response to the increasing demand for the company’s products.

For investors, CapEx isn’t just jargon it's a glimpse into a company's resource management and strategic financial decisions, shaping its profitability.

These stocks boast strong ROCE, ROE, sales, and profit growth. They have already delivered multibagger returns of over 100 per cent in the past year, indicating their potential to perform even better in the future.

Shares of the company gained more than 50 per cent in the last six months.

The stock gave multibagger returns of over 180 per cent from its 52-week low is Rs 11.85 per share.