Multibaggers: These 4 stocks turned <span class='webrupee'>₹</span>1 lakh into over <span class='webrupee'>₹</span>1 crore in 10 years; how many do you own?

Updated: 25 May 2023, 04:05 PM IST
TL;DR.

Everyone is looking for a stock that mints huge money. Stocks which have risen at least 100% over a period of time are known as multibaggers. Let's take a look at 4 such stocks that turned 1 lakh into over 1 crore in 10 years:

Tanla Platforms: The stock has skyrocketed 20378% in the last 10 years from 3.5 in May 2013 to currently trade around 727. An investment of 1 lakh in the stock in 2013 would have turned into over 2 crore currently. Meanwhile, it has surged 2287% in the last 5 years (from 30.5). From its COVID-low of 37, hit in March 2020, the stock has rallied 1864% till date. However, it has shed 43% in the last 1 year and is up just 1.7% in 2023 YTD. Tanla Platforms Limited, previously known as Tanla Solutions Ltd, is a cloud communications company based in Hyderabad, India. The company provides value-added services in the cloud communications space. 

KEI Industries: The stock has soared 18255% in the last 10 years from 10.9 in May 2013 to currently trade around 2,000. An investment of 1 lakh in the stock in 2013 would have turned into 1.8 crore currently. Meanwhile, it has surged 314% in the last 5 years (from 483.5). From its COVID-low of 208.3, hit in March 2020, the stock has rallied 860% till date. It has also advanced 65% in the last 1 year and 36% in 2023 YTD. It has given positive returns in all 5 months of the current calendar year. KEI was established in 1968 as a partnership firm under the name Krishna Electrical Industries. The firm offers holistic wire and cable solutions globally in over 45 countries.

JBM Auto: The stock rallied 12934% in the last 10 years from 6 in May 2013 to currently trade around 786. An investment of 1 lakh in the stock in 2013 would have turned into 1.3 crore now. Meanwhile, it has jumped 394% in the last 5 years (from 159). From its COVID-low of 39, hit in March 2020, the stock has advanced 1913% till date. It has also risen 69% in the last 1 year and over 52% in 2023 YTD. It has given positive returns in 4 of the 5 months of the current calendar year. It is down 2% in May. JBM Auto manufactures and sells sheet metal components, tools, dies, and molds and buses. It is also an original equipment manufacturer (OEM) as it is engaged in the production of passenger buses.

Navin Fluorine: The stock rallied 12262% in the last 10 years from 37 in May 2013 to currently trade around 4,585. An investment of 1 lakh in the stock in 2013 would have turned into 1.2 crore currently. Meanwhile, it has jumped 568% in the last 5 years (from 686). From its COVID-low of 977, hit in March 2020, the stock has advanced 369% till date. It has also gained 24% in the last 1 year and over 12% in 2023 YTD. It has given positive returns in 3 of the 5 months of the current calendar year. It has shed 5.5% in May. The company primarily focuses on fluorine chemistry, producing refrigeration gases, chemicals, inorganic bulk fluorides, and specialty organofluorines. It also offers contract research and manufacturing services.

First Published: 25 May 2023, 04:05 PM IST