Imagine stocks that explode in value, growing much more than 100 per cent from what you paid for it. That's a multibagger!

The company is expanding its business and also execution of orders has consistently increased during the last two quarters while being at the forefront of the government scheme rollout for smart metering. The net sales increased by per cent to Rs 1,262 crore and net profit skyrocketed by per cent to Rs 30 crore in FY23 over FY22.

On Monday, the benchmark indices ended the day higher. The BSE Sensex Index was up by 0.66 per cent, reaching a level of 65,147. The Sensex Index also reached an all-time high at 65,240.57. Approximately 1,995 shares advanced, 1,558 declined, and 169 remained unchanged on the BSE.

On Friday, the benchmark indices ended the trading session higher. At the closing bell, BSE Sensex Index is up by 1.26 per cent at a level of 64,718.56 and NSE Nifty-50 Index is up by 1.14 per cent at a level of 19,189.05. About 1,890 shares have advances, 1,627 have declines and 131 are unchanged on BSE.

The stock has a PE of 19.33x and an ROE of 13.24 per cent.

Of the 3,641 shares that were traded on the BSE, 1,390 advanced, 2,127 declined and 124 remained unchanged.

Despite the fact that Indian indices have been quite volatile in the last 1 month, a few stocks have outperformed. 

The stock gave multibagger returns of 111.60 per cent in just 1 month whereas BSE Small-cap Index rose by only 0.16 per cent.

The stock gained multibagger returns of 288.54 per cent in just 6 months and over the course of a year, it generated returns of 955.36 per cent. 

About 1,237 shares have advanced, 2,310 declined and 121 are unchanged on the BSE. 

The stock gave multibagger returns of 463.84 per cent in just 6 months whereas BSE Information Technology Index rose only 0.26 per cent.

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.

The stock gave multibagger returns of 161.22 per cent in just 1 month and in 6 months it gave returns of 229.54 per cent.

The stock gave multibagger returns of 109.72 per cent in just 1 month. 

In just 1 month, the stock gave multibagger returns of 203.51 per cent, while the BSE Small-Cap Index fell 3.21 per cent.

In the last 6 months, the stock gave multibagger returns of 121.03 percent and in 1 year it skyrocketed to 468.83 per cent.

The stock is up by 314.04 per cent year to date while BSE Sensex has only increased by 2.95 per cent year to date.

Over the last few trading sessions, the stock has made a series of the upper circuit and 52-week highs. As a result of recent vigorous trading activity and dividend payout, the company's stock price has risen dramatically today. 

Following are the penny stocks that gave multi-bagger returns in just 1 month: