MC Markets Graphixstory: 20% of all gainers turn into multibaggers this year

Among the biggest stocks that turned multibagger this year, Hindustan Aeronautics was at the top.

Such was the dominance of bulls this year that an overwhelming majority of 73 percent of listed stocks on BSE registered gains (as of December 13). Data shows out of 2,640 stocks that traded on the last day of 2022, 2,669 delivered positive returns during the year.

The buying frenzy during the year, especially in smallcap stocks, led to surprising outcomes. Out of every five gainers, one stock turned multibagger – delivering returns in excess of 100 percent during the year. In total there were 542 such names.

Follow our market blog to catch all the live updates

As many as 13 names delivered more than 10 times returns to investors – all of them small and microcaps. Integrated Industries topped the list with a whopping 6,000 percent or 61x returns, This was followed by Prime Industries, Jhaveri Credits & Capital and Eyantra ventures delivering 31x, 27x and 24x returns.

Among the biggest stocks that turned multibagger this year, Hindustan Aeronautics was at the top. With a valuation of Rs 1.83 lakh crore, it delivered 119 percent returns. Power Finance Corporation, Indian Railway Finance Corporation, REC, Trent and Zomato were other names in the list that had valuation in excess of Rs 1 lakh crore.

Among midcap names, Rail Vikas Nigam, SJVN, Kalyan Jewellers, ITI, Angel One, KEI Industries, Tata Investments Corporation, Sonata Software were among those that turned multibaggers.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.