multibagger shares: up to 400% return! 9 favorites of retail investors to become multibaggers in 2021

NEW DELHI: Retail investors appear to have killed at least nine stocks of the ESB 500 and ESB Midcap. So far, these scripts have generated a whopping 100-400% return in 2021, compared to 25-31% for benchmarks.

Those stocks had a market capitalization of over Rs 1,500 crore on Thursday and held a retail stake of more than 20% in the June quarter.

Balaji Amines, whose retail stake stood at 23.01% as of June 30, is up 400% since the start of the year. The holdings of retailers in this stock remained stable over the two quarters of the year.

Happiest Minds, which was listed in September of last year, has delivered a solid 316% return since the start of the year. Retail investors held a 23.02 stake in the June quarter, up 427 basis points from the 18.75 percent stake in the December quarter.

Tata Elxsi has climbed 212% this year. This Tata group company has a 29.46 percent stake in retail. HFCL, Deepak Nitrite and Deepak Fertilizers are the three high-retail stocks that rose 159 to 183% in 2021. Two of those stocks – HFCL (up 320 basis points) and Deepak Nitrite (229 points) core) – have seen retail investors upped their bets over the past two quarters. Retailer ownership in these stocks ranged from 22 to 28 percent.

Sonata Software, Tata Motors DVR and Nocil registered a rally of 105 to 134 percent this year. Retail investors mainly reduced their positions in the three stocks in the first two quarters of 2021. Yet they hold 22-32% of the stakes in the companies.

In total, the market capitalization of the nine stocks climbed 199% to Rs 1,42,307 crore on Thursday, from Rs 47,604 crore as of December 31.

Meanwhile, Tata Coffee, Rain Industries, Tata Chemicals, GNFC, Tata Metaliks, PTC India, Jammu & Kashmir Bank and Navin Fluorine International are among the retail stocks that have generated 50-100% returns since the start of the year. ‘year.

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