These are the top-10 multibagger shares of 2024, giving as much as 600% returns to buyers – INA NEWS

Multibagger Shares: The yr 2024 was very useful for a lot of inventory market buyers. Right here now we have chosen some such multibagger shares of 2024, which have made buyers wealthy by giving returns of as much as 600%. Listed here are the ten high multibagger shares of 2024:

1. Shakti Pumps

Shares of Shakti Pumps have been performing properly constantly for the final 2 years. Within the yr 2024, the shares of this water firm have given returns of greater than 600 p.c to its buyers. Earlier in 2023 additionally it had given multibagger return of 151%. This rise within the shares of Shakti Pumps has additionally received good help from fundamentals. Between FY 2022 and FY 2024, the corporate’s internet revenue grew by 23% and income by 14%.

This inventory has given glorious multibagger returns of about 330 p.c in 2024. In October 2022, shares of this firm have been listed on the SME platform at a problem worth of simply Rs 38. Right this moment its worth is greater than Rs 3,500.

3. Shaily Engineering Plastics

This inventory has given a superb multibagger return of 328 p.c to its buyers in 2024. Up to now this yr, this inventory has elevated by about 8 p.c. It touched its all-time excessive of Rs 1564.85 on Friday, January 3, 2025.

4. Piccadilly Agro Industries

This inventory has given returns of about 260 p.c within the final one yr. This inventory has given multibagger returns to its buyers for 3 years within the final 5 years. Piccadilly Agro Industries’ internet revenue jumped practically 5 instances to ₹110 crore in FY24, whereas income grew 28% to ₹779 crore.

5. Jeena Sikho Lifecare

Shares of Jeena Sikho Lifecare have given good returns to shareholders since its launch in 2022. Within the yr 2024, it elevated by 260 p.c. Earlier in 2023, it had given multibagger returns of 352 p.c. The corporate’s revenue virtually doubled to Rs 69 crore in FY 2024, whereas the corporate’s income elevated by 59% to ₹ 324 crore.

6. Garware Hello-Tech Movies

This inventory has given glorious multibagger returns of greater than 250 p.c to its buyers in 2024. Earlier in 2023 additionally, its shares had risen by 113%. The revenue of this firm manufacturing plastic merchandise and movies has elevated on the price of 20% within the final years. Its income development throughout this era was 12%.

7. Shilchar Applied sciences

Within the yr 2024, this inventory has given multibagger returns of about 220 p.c. About two years in the past, shares of Shilchar Applied sciences have been obtainable at round ₹500. On Friday, January 3, 2025, the value of this share ended at Rs 8429.30.

8. Ganesh Housing Company

This inventory has given multibagger returns of about 200 p.c to its buyers within the yr 2024. This inventory is giving optimistic returns yearly since 2021. Within the final 4 years, the corporate’s shares have risen by virtually 4000%.

9. Balu Forge Industries

This inventory has given multibagger returns of about 185 p.c in 2024. Earlier in 2023 additionally, its shares had soared by virtually 200 p.c. The market capitalization of crankshaft maker Balu Forge Industries is at the moment Rs 8520 crore. The corporate’s internet revenue elevated by 141% to ₹94 crore in FY24, whereas income elevated by 71% to ₹553 crore.

10. Waaree Renewable Applied sciences

This inventory has given multibagger returns of about 180 p.c to its buyers in 2024. Until the yr 2020, the share of this firm was obtainable at a worth of lower than Rs 10, however at present it’s obtainable at a worth of round Rs 1400. Within the yr 2021 alone, this inventory had given a return of two,024%. The corporate’s internet revenue elevated by 167% to Rs 148 crore in FY 2024, whereas income stood at Rs 870 crore.

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