Up to 84,000% returns! 15 multibaggers that turned Rs 1 lakh into at least Rs 50 lakh in 3 years
Multibagger stocks are highly sought after by investors — both retail and market veterans — due to their potential to generate substantial wealth in a relatively short period of time.
ETMarkets analyzed the performance of various stocks and discovered that approximately 15 companies have surged by at least 5,000% over the last three years. This remarkable growth means that an investment of Rs 1 lakh in these companies three years ago would now be worth at least Rs 50 lakh.
These high-performing stocks span various sectors and include companies such as Diamond Power Infrastructure, Dhruva Capital Services, Waaree Renewables, SG Mart, and Jhaveri Credits, among others. Not only have these stocks turned Rs 1 lakh into at least Rs 50 lakh, but some have even generated returns as high as 84,000%.
For instance, Diamond Power Infrastructure, which manufactures and sells power transmission equipment, has delivered an astonishing return of 84,018%.
Dhruva Capital Services, closely following, has seen its shares appreciate by 9,566% over the same period. Dhruva Capital specializes in providing accessible loans tailored for MSMEs and individuals.
Moreover, at least three stocks, including Waaree Renewable Technologies, SG Mart, and Ujaas Energy, have delivered returns of over 7,000%.
While Waaree Renewable is engaged in the production and installation of solar energy systems, SG Mart operates in the retail sector, offering a diverse range of consumer products. Ujaas Energy, on the other hand, focuses on renewable
