A multibagger is a stock which gives a return of more than 100% during a specific time frame.
Avanti Feeds, Indiabulls Real Estate, Future Lifestyle Fashions and Jaiprakash Associates are among 13 stocks on BSE-500, which doubled investors' wealth, zooming up to 187% in CY17.
Avanti Feeds, a leading manufacturer of prawn and fish feed and a shrimp processor and exporter, was quoting at Rs 490 levels on December 30, 2016, and has zoomed 187% to Rs 1,407 levels till Friday.
Indiabulls Real Estate has also rallied 187% from Rs 71 on December 30, 2016 to Rs 204 by Friday's closing. Another real estate firm Jaiprakash Associates has advanced 133% to Rs 18 during the same period.
Farm equipment maker Escorts, brokerage firm Motilal Oswal Securities and low-cost airline SpiceJet also managed to double their stock price in CY17.
ALSO READ: Who would have thought SpiceJet would rally 600% in two years!
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Stock price (Rs) |
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Company Name |
23-Jun-17 |
30-Dec-16 |
Change (%) |
|---|
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Avanti Feeds Ltd. |
1407.85 |
490.95 |
187 |
|---|
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Indiabulls Real Estate Ltd. |
204.45 |
71.30 |
187 |
|---|
|
Future Lifestyle Fashions Ltd. |
304.60 |
128.15 |
138 |
|---|
|
Jaiprakash Associates Ltd. |
18.78 |
8.07 |
133 |
|---|
|
Escorts Ltd. |
677.90 |
296.45 |
129 |
|---|
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Motilal Oswal Financial Services Ltd. |
1178.20 |
522.20 |
126 |
|---|
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Spicejet Ltd. |
128.05 |
57.20 |
124 |
|---|
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IIFL Holdings Ltd. |
584.90 |
262.40 |
123 |
|---|
|
GIC Housing Finance Ltd. |
568.30 |
269.10 |
111 |
|---|
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Adani Transmission Ltd. |
118.65 |
56.50 |
110 |
|---|
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Sunteck Realty Ltd. |
443.90 |
216.15 |
105 |
|---|
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Can Fin Homes Ltd. |
3182.30 |
1581.40 |
101 |
|---|
|
Minda Industries Ltd. |
603.75 |
300.95 |
101 |
|---|
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Source: AceEquity |
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