Multibagger stocks in April 2023: Due to positive end to April series and bullish trend in all the benchmark indices, a good number of microcap and small-cap stocks gave excellent returns in the recently ended month. In fact, in the first month of the new financial year 2023-24, the Indian stock market gave a good number of multibagger stocks and multibagger penny stocks, including Pulsar International, WS Industries, IB Infotech etc.
Here we list the top 5 multibagger stock He indian stock market Delivered in April 2023:
1]Pulsar International: This share listed on BSE increased from 45.09 108.34 each level, providing a return of 140 percent to its positional long-term shareholders. Circuit-to-circuit stocks have hit the upper circuit in all five sessions of the past week. microcap stock a market cap Of 32 crores and it ended the Friday with a trading volume of only 779. This means, it is a low float stock, suitable only for high risk appetite traders. The stock is listed in XT group of stocks.
2]WS Industries: The market cap of this circuit to circuit stock is around 310 crores and this multibagger stock has gained momentum in April 2023. from 32.55 April 2023 recorded an increase of more than 125 percent to the level of 73.95. This small-cap stock has touched the upper circuit in all the five trading sessions of the last week. In fact, it is one of the multibagger stocks in India in 2023 as it has given more than 350 per cent return to its positional shareholders in YTD time. This BSEThe NSE listed stock ended Friday with a trading volume of 5,67,505 on BSE.
3]IB Infotech: This small-cap stock is also one of the circuit to circuit stocks on Dalal Street which has given multibagger returns in April 2023. from 62.24 142.42 level in April 2023, gaining almost 130 percent in this time. It is one of those microcap stocks with low trade volume. It closed on Friday with a market cap of 18 crore and its trading volume on Friday was 3,817, which is much higher than its 20 days average trading volume of 1,060. So, it is also a low float stock. Micro cap stock is listed in XT category.
4]Kakatiya Clothing: This multibagger textile stock rose from 22.55 51.55 each level, an appreciation of about 130 percent in April 2023. micro cap stock with market cap 29 Crore is listed in the XT category and is one of the circuit to circuit stocks of the Indian stock market. It ended the weekend trading session with a trading volume of 8,839.
5]Magh Advertising & Marketing Services: This is one of the circuit to circuit scrips in Dalal Street stocks from which the rally has come from 14.71 33.61 level in April 2023. This multibagger penny stock has given a return of around 1128 per cent in the first month of the current financial year and is listed in M category shares. Friday closed with a market cap of 11 Crore which puts it in the league of Microcap Multibagger Penny Stocks. It had a trading volume of 38,000 in the weekend session.
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