Top Multibagger Shares 2024: The year 2024 was full of ups and downs for the stock market. But, this year some stocks also emerged which made their investors rich. Today we will tell you about some such multibagger shares which have given thousands of times returns to their investors in less than a year.
Elcid Investments at number one
Alcid Investments share is at number one in this list. This share has given a return of 5,470,154.96 times to its investors in one year. On June 21, the price of one share of this company was Rs 3.53, which increased to Rs 3,30,473.35 on November 8, 2024. That means, if you had invested Rs 35 thousand in this share on June 21, 2024, you would have converted Rs 35 thousand into Rs 3300 crore in 6 months.
Sri Adhikari Brothers Televisn Ntwrk Ltd is at second place.
Like Alcide Investment, this multibagger stock has also given amazing returns to its investors. The price of one share of Sri Adhikari Brothers Televisn Ntwrk Ltd on December 4, 2023 was Rs 1 60 paise. At the same time, today i.e. on 25 December 2024, the price of one share is Rs 1,814.00. Whereas, its all time high. Is Rs 2,219.95. That means, if an investor had invested Rs 10,000 in this share on December 4, 2023, then today his money would have become Rs 2,896,000. That means a return of 72,460.00 percent in one year.
These multibagger stocks also gave amazing returns
This year in 2024, 33 stocks of Nifty 500 index have performed amazingly and given tremendous returns to investors ranging from 100% to 320%. These returns have come from stocks from various sectors like real estate, EMS, power, and capital goods.
The name of GE Vernova T&D India is at the forefront of this list, which achieved a gain of 320.7% in 2024. The company had also registered a growth of 336% in 2023. After this there is Jyoti CNC Automation. After the listing, this stock kept rising continuously and showed a rise of 302% from Rs 434 to Rs 1,331 per share.
Kfin Technologies also performed brilliantly in the market. This stock rose from Rs 485 to Rs 1,444 per share, giving investors a profit of 197%. Kaynes Technology India gave a return of 180% and Dixon Technologies gave a return of 175%.
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