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Powered by impressive quarterly sales, these 7 stocks have turned multibaggers in a year

These companies made a smart recovery after sales were hit in the June quarter following the coronavirus outbreak and nationwide lockdown.

April 27, 2021 / 12:38 PM IST
Sales growth is an essential parameter for the survival and financial growth of the company. In the year 2020, many businesses' sales numbers were impacted due to the COVID-19 pandemic which reflected in the June quarter results but later they recovered smartly. Moneycontrol found seven such companies whose quarterly sales numbers are consistently rising with at least 10 percent sales growth on a sequential basis in the last three-quarters of FY21. Not surprisingly this upsurge was seen in their share price performance and all these stocks turned multi-bagger in the last 1-year. We considered only stocks with a market cap of Rs 1000 crore and excluded the companies that posted a net loss in any of the last three quarters. (Data Source: ACE Equity).
Sales growth is an essential parameter to gauge the financial growth and prospects of a company. In 2020, businesses across the board were hit by the coronavirus outbreak and the lockdown. The distress was reflected in the June quarter results, which, though, was followed by a smart recovery. Moneycontrol found seven companies that reported at least 10 percent sequential growth in sales in each of the last three quarters of FY21. This upsurge was seen in their share price performance as well and these stocks turned multibaggers in the last year. We only considered companies with a market cap of Rs 1,000 crore and left out those which posted a net loss in any of the three quarters. (Data Source: ACE Equity).
Tejas Networks Ltd. | In the last one year, the stock has risen 426 percent from Rs 36.90 on April, 24, 2020 to Rs 194.05 on April 26, 2021. The Company's quarterly sales number in September quarter was Rs 4.53 crore and in March quarter it reaches to Rs 201.55crore.
Tejas Networks Ltd. | In the last one year, the stock has risen 426 percent from Rs 36.90 on April 24, 2020 to Rs 194.05 on April 26, 2021. The company reported sales of Rs  110.06 crore in the September quarter, Rs 134.88 crore in December and Rs 201.55 crore in the March quarter.
Bhansali Engineering Polymers Ltd. | In the last one year, the stock has risen 312 percent from Rs 37.00 on April 24, 2020 to Rs 152.60 on April 26, 2021. The Company's quarterly sales number in September quarter was Rs 35.37 crore and in March quarter it reaches to Rs 473.43 crore.
Bhansali Engineering Polymers Ltd. | The stock has risen 312 percent from Rs 37 on April 24, 2020 to Rs 152.60 on April 26, 2021. The company reported sales of Rs  307.85 crore in the September quarter, Rs 411.27 crore in December and Rs 473.43 crore in the March quarter.
Tata Steel Long Products Ltd. | In the last one year, the stock has risen 283 percent from Rs 217.35 on April 24, 2020 to Rs 833.35 on April 26, 2021. The Company's quarterly sales number in September quarter was Rs 59.06 crore and in March quarter it reaches to Rs 1546.74 crore.
Tata Steel Long Products Ltd. | The stock has risen 283 percent from Rs 217.35 on April 24, 2020 to Rs 833.35 on April 26, 2021. The company reported sales of Rs  1,185.86 crore in the September quarter, Rs 1,364.17 crore in December and Rs 1,546.74 crore in the March quarter.
GTPL Hathway Ltd. | In the last one year, the stock has risen 167 percent from Rs 48.05 on April 24, 2020 to Rs 128.40 on April 26, 2021. The Company's quarterly sales number in September quarter was Rs 50.34 crore and in March quarter it reaches to Rs 748.72 crore.
GTPL Hathway Ltd. | The stock has risen 167 percent from Rs 48.05 on April 24, 2020 to Rs 128.40 on April 26, 2021. The company reported sales of Rs  575.64 crore in the September quarter, Rs 647.18 crore in December and Rs 748.72 crore in the March quarter.
Phillips Carbon Black Ltd. | In the last one year, the stock has risen 153 percent from Rs 79.95 on April 24, 2020 to Rs 202.20 on April 26, 2021. The Company's quarterly sales number in September quarter was Rs 58.09 crore and in March quarter it reach to Rs 866.73 crore.
Phillips Carbon Black Ltd. | In the last one year, the stock has risen 153 percent from Rs 79.95 on April 24, 2020 to Rs 202.20 on April 26, 2021. The company reported sales of Rs  663.86 crore in the September quarter, Rs 769.40 crore in December and Rs 866.73 crore in the March quarter.
Tinplate Company Of India Ltd. | In the last one year, the stock has risen 115 percent from Rs 82.05 on April 24, 2020 to Rs 176.25 on April 26, 2021. The Company's quarterly sales number in September quarter was Rs 16.08 crore and in March quarter it reaches to Rs 694.79 crore.
Tinplate Company Of India Ltd. | The stock has risen 115 percent from Rs 82.05 on April 24, 2020 to Rs 176.25 on April 26, 2021. The company reported sales of Rs  490.99 crore in the September quarter, Rs 566.95 crore in December and Rs 694.79 crore in the March quarter.
Filatex India Ltd. | In the last one year, the stock has risen 106 percent from Rs 34.90 on April 24, 2020 to Rs 72.00 on April 26, 2021. The Company's quarterly sales number in September quarter was Rs 9.39 crore and in March quarter it reaches to Rs 852.76 crore.
Filatex India Ltd. | In the last one year, the stock has risen 106 percent from Rs 34.90 on April 24, 2020 to Rs 72.00 on April 26, 2021. The company reported sales of Rs  507.79 crore in the September quarter, Rs 721.59 crore in December and Rs 852.76 crore in the March quarter.
Ritesh Presswala Research Analyst at Moneycontrol
first published: Apr 27, 2021 12:38 pm

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