Multibagger Stock: In this short span of about one and a half months, the year 2022 has given a good number of multibagger stocks and multibagger penny stocks. If we look at the list of these multibagger stocks, most of them are small-cap stocks and most of them belong to the list of multibagger stocks in 2021 as well. Sugar stocks are a living example of this. According to stock market experts, due to rising sugar prices in the last one year and strong fundamental support from the Government of India’s (GoI) 19 per cent ethanol blending policy, Chinese stocks are giving tremendous returns.
Here we are listing 5 Chinese stocks which have given multibagger returns in the past year:
1]Sir Shadi Lal Enterprises: There has been a jump in this multibagger stock from 41.10 205 level in the last one year, giving almost 400 per cent return to its shareholders. The stock has given 60 per cent return in the last 6 months while it has given a jump of more than 20 per cent in the last one month. The market cap of this small-cap Chinese stock is 107 crores. It has a 52 week high 232.70 while its 52-week low is . Is 32.75 per share.
2]Shree Renuka Sugars: This stock is one of the multibagger penny stock in 2021 and it is a possible stock for multibagger penny stock for 2022 in Indian stock market. In the past year, it has increased from 9.65 to 38 each level, appreciating around 295 percent over the period. In the last 6 months it has given 42 per cent returns while in the last one month it has increased by 18 per cent. The market cap of this Chinese stock is 8,130 crore. It has a 52 week high 47.75 while its 52-week low is . Is 9.10 per share.
3]Triveni Engineering: It’s Raised From Multibagger Stock from 71.70 278.05 levels, an increase of about 290 percent over the period. The stock is on an upward trajectory over the past one year as it has given 60 per cent return in the last 6 months while it has given 14 per cent return to its shareholders in the last one month. In year-to-date (YTD) timing, this multibagger stock has gained close to 24 per cent. The current market cap of this Chinese stock is around 6,720 crore, its P/E ratio is 16.80 while its dividend yield is 0.76 per cent. It has a 52 week high 300.40 while its 52-week low is . Is 68.80 on NSE.
4]Dwarikesh Sugar: In the past one year, this multibagger has grown from Chinese stocks. from 27.05 At the level of 98.55, a growth of about 265 per cent was registered in this period. This multibagger stock has given around 45 per cent return in the last 6 months while it has given 12 per cent return to its shareholders in the last one month. The current market capitalization of the stock is 1860 crores. Its P/E ratio is 12.91 while its dividend yield is 1.27 percent. It has a 52 week high 104 while its 52-week low is . Is 26.05 per share.
5]Dalmia Bharat Sugar: This multibagger stock has surged in the last one year from 140.95 421 each level, appreciating around 200 percent over the period. It has risen 2 percent in the last 6 months while it has remained sideways for the past one month. The current market cap of this Chinese stock is 3,370 crore, its P/E ratio is 11.68 while its dividend yield is 1.07 per cent. Dalmia Bharat Sugar share price history shows 52 week high 516.55 while its 52-week low is . Is 139 on NSE.
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