Stock Market

5 Multibagger stocks of last 3 years – Modi’s Government

Multibagger stocks – Narendra Modi took oath as a 15th Prime Minister of India on 26th May, 2014. Three years of Modi Government is over. In last 3 years, the stock market has given a spectacular performance. The effective governance, demonetization and GST implementation are major reasons behind the consistent positive performance of stock market. If we check the performance of various index BSE, Nifty and Bank Nifty has given 27%, 32%, and 59% return respectively. Mid cap and Small cap index have given near to 100% return.

IndexReturn (Last 3 Years)
BSE27%
Nifty32%
Bank Nifty59%
Mid Cap94%
Small Cap97%

5 Multibagger Stocks of Last three Years

The multibagger stock is a stock that provides a multifold return to the investor. It is very difficult to find multibagger stocks for the investment. However, one can find multibagger stock with careful research and study. In last year since Shri Narendra Modi has become prime minister, many stocks have given multifold returns. Few multibagger stocks among them are rushil decore, Minda industries, TVS srichakra, Force motors and Aegis Logistics.

multibagger

Rushil Décor

Rushil Décor is first multibagger stock. Rushil Decor in the business of laminates, sheets, medium density fiber board. This stock has given 1121% return in last three years. Investment of 1 Lakh is grown to 11 Lakh in last three years. The price of stock on 23rd May,2014 was Rs.60.25 and today it is trading at Rs.736.

Minda Industries

Minda Industries in the business of manufacturing of switches for two wheeler and three wheelers. A stock of Minda Industries has given 1073% return in last three years. The investment of 1 Lakh in this stock has increased to 10 Lakh today.

TVS Srichakra

TVS Srichakra is another multibagger stock. TVS Srichakra is one of the biggest manufacturers of tyres. TVS Srichakra has given 883% return in last here years. Investment of 1 Lakh in this stock has grown to 8.83 Lakh today.

Force Motors

Force Motors is next multibagger stock. Force Motors is dealing with manufacturing of automotive spare parts. Force Motors have given 842% return in last three years. Investment of 1 Lakh in Force motors is now increased to 8.42 Lakh.

Aegis Logistics

Aegis Logistics is oil, gas, and chemical sector company. Aegis Logistics have given 809% return to the investor in last three years. Penny stock of 2014 has turned out to be multibagger stock in last three years.

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About the author

Raviraj Parekh

Raviraj is the man behind moneyalpha.com. He is graduate in finance, engaged in blogging since 6 years. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

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