Rs 1 Lakh Turns into Rs 9 Crore in Just One Year: Top 10 Multi-Baggers of 2024
Summary
– Exceptional stock market growth in 2024.
– Some stocks achieved multi-bagger returns of up to 91,000%.
– Key performers include Sri Adhikari Brothers (91,161% return), Marsons (2,763%), and CIAN Agro (1,061%).
– Other notable companies: TechNVision Ventures (882%), RDB Infrastructure (754%), and Bondada Engineering (741%).
– Consideration: BSE-listed companies with market caps over Rs 1,000 crore.
In 2024, several Indian stocks saw extraordinary growth, with some delivering returns that turned investments into multi-baggers. As of December 11, 2024, the BSE Sensex posted a 17% return, and the BSE SmallCap index surged by 39%. Among the standout performers, some stocks witnessed returns as high as 91,000% in just one year. Here are the top 10 performers:
1. Sri Adhikari Brothers Television Network – Dominating the entertainment sector, it achieved a staggering 91,161% return, with its market value growing from Rs 8 crore to Rs 5,465 crore. A Rs 1 lakh investment would now be worth over Rs 9 crore.
2. Marsons – A leader in electric equipment, its stock surged 2,763%, rising from Rs 8.4 to Rs 241.1, with a market cap of Rs 4,148 crore.
3. CIAN Agro Industries & Infrastructure – Specializing in edible oil, it posted a 1,061% return, with its stock climbing from Rs 37.5 to Rs 434.9 and a market cap of Rs 1,217 crore.
4. TechNVision Ventures – In the IT software sector, this company achieved an 882% return, with its stock price jumping from Rs 358 to Rs 3,516.5, resulting in a market cap of Rs 2,207 crore.
5. RDB Infrastructure and Power – A real estate and construction player, it delivered a 754% return, with the share price climbing from Rs 68.1 to Rs 581.0, bringing its market cap to Rs 1,004 crore.
6. Bondada Engineering – Operating in telecom infrastructure, it posted a 741% return, with the stock price rising from Rs 82.1 to Rs 689.8, leading to a market cap of Rs 7,451 crore.
Note: The list includes BSE-listed companies with a market capitalization of over Rs 1,000 crore.