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Multibagger Stocks: These are the top-5 multibagger stocks.. Lakhs upon Lakhs for those who have invested money.. Do you have them?

The News GlorybyThe News Glory
28/11/2022

Multibagger Stocks: The two-year period of the Covid crisis is over. In 2022 too, the stock markets are bound to have ups and downs. But currently the domestic stock market indices have reached record highs. Some stocks are reaping profits for investors. Not to mention multibaggers. These provide many times the profit of the original value of the share in a short period of time. But mostly we notice multibaggers when they reach their maximum value. But if you look closely at the markets, this is not a big problem. Currently the domestic stock market indices are in a good mood. So..experts say that there are chances of good profits in the coming period as well. So.. why the delay? Take a look at the top-5 multibagger stocks that have showered investors with cash this year. These are expected to go ahead in the coming days as well.

Adani Power..

Adani Power Company of Adani Group has given good returns to investors in 2022. The company announced results for the second quarter of 2022-23 on November 11. The company’s profit increased by 201 percent during this time.. Rs. 695.53 crores. And the stock also increased by more than 200 percent. That is in this one year. Adani Power’s share, which traded at Rs.107 at the beginning of this year, reached Rs.323.45 by November 27. Investors became millionaires within one year.

Adani Enterprises Limited (Adani Enterprises Limited)..

Adani Enterprises Limited, another company of Adani Group, has also delivered huge profits in 2022. The share price reached record highs. This stock has increased by more than 134 percent in a single year. At the beginning of this year, the share price of Adani Enterprises was at Rs.1711, but now it is at Rs.3,903 on November 27.

Algae Equipments Limited

The share price of Algae Equipments Limited has gained 126.7 percent in the year alone. At the beginning of 2022 Algae share was at Rs.215.. Now it has reached to Rs.485. Experts say that there are indications that this stock will increase further in the coming days.

Renuka Sugars)

Share price of Renuka Sugars has risen to a record high this year. This company is making profits mostly based on exports. In the year 2022, the share of Renuka Sugars increased by more than 104 percent. Earlier this year Rs. 28, the share price has now reached Rs.58. There are signs of further increase in the future.

Deepak Fertilizers and Petrochemicals Corporation Limited

The share of Deepak Fertilizers and Petrochemicals Corporation Limited also rained money on investors this year. A 100 percent profit was made. At this time, the share price rose from Rs.382 to Rs.803.

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