Tuesday , Nov. 26, 2024, 1:58 p.m.
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Business / Fri, 28 Jun 2024 The Economic Times

Consistent winners! 9 stocks gain at least 25% in last four quarters, turn multibaggers

(You can now subscribe to our(You can now subscribe to our ETMarkets WhatsApp channelInvestors are always on the hunt for multibagger stocks, which can significantly multiply in value within a relatively short time period. Insolation Energy operates in the renewable energy sector, focusing on the production and distribution of solar energy solutions.Transformers and Rectifiers, meanwhile, is a close second in the list with a return of 700%. The company's shares have delivered just over 500% returns in the reporting period.V2 Retail, a well-known name in the retail sector, has managed to capture healthy gains in the last one year by gaining 457%. If the index holds above 24,000 levels, then the rally could extend towards 24,250-24,500 in the short term. Sectors like IT, capital goods, private banks and healthcare appear well-positioned to deliver consistent earnings growth," said Atul Parakh, CEO of Bigul.

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Investors are always on the hunt for multibagger stocks, which can significantly multiply in value within a relatively short time period. The real advantage lies in finding stocks that not only deliver such impressive returns but also maintain consistent performance.An analysis of equities over the past four quarters revealed nine stocks that have consistently achieved gains of at least 25% in each of the last four quarters, thereby transforming into multibaggers These stocks include Insolation Energy Transformers and Rectifiers (India), Shilchar Technologies V2 Retail , Housing & Urban Development Corporation, Sobha NBCC (India), Paisalo Digital and Gujarat Themis Biosyn One of the standout performers, Insolation Energy has delivered returns of 2,400% in the last one year period. Insolation Energy operates in the renewable energy sector, focusing on the production and distribution of solar energy solutions.Transformers and Rectifiers, meanwhile, is a close second in the list with a return of 700%. The company is involved in the manufacturing of a wide range of transformers, catering to various industries including power, industrial, and infrastructure sectors.Shilchar Technologies, a company specializing in the manufacture of transformers, has seen robust growth due to the uptick in infrastructure projects and industrial demand. The company's shares have delivered just over 500% returns in the reporting period.V2 Retail, a well-known name in the retail sector, has managed to capture healthy gains in the last one year by gaining 457%. State-owned Hudco , which is into financing housing and urban development projects across India, rose about 392% over the last four quarters.NBCC (India), another major player in the construction sector, has reaped the benefits of a number of government contracts and redevelopment projects, ensuring consistent growth, which was also reflected in the appreciation of stock price by around 301%.Indian equities are currently trading near all-time highs, buoyed by buying in index heavyweights, political stability, and foreign investors returning into the domestic markets.Technically, analysts said Nifty has achieved a short term consolidation breakout target of 24,000 levels, and managed to close above it. If the index holds above 24,000 levels, then the rally could extend towards 24,250-24,500 in the short term."No surprises to guess that the recent move has been supported by the private banking sector, which is a usual favourite among foreign investors," said Jaykrishna Gandhi, head of business development at institutional equities at Emkay Global Financial Services.At current valuations, a stock-specific approach may be prudent. Sectors like IT, capital goods, private banks and healthcare appear well-positioned to deliver consistent earnings growth," said Atul Parakh, CEO of Bigul.

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