Domestic equity markets so far have remained under pressure in the ongoing calendar year 2015 on the back of various factors such as falling commodity prices, China yuan devaluation, outflow of foreign money and concerns over the passage of key bills like the Goods and Service Tax and Land Bill. This year, the BSE Sensex slid 7.20 per cent to 25,519.22 till December 18.
There were around 296 stocks in the BSE that surged over 100 per cent during the period and defied the downward movement of the benchmark indices. Out of 296, 14 stocks turned multibagger and gave return of over 500 per cent during the year.
According to market experts, stocks that multiply manifolds in two to five years horizon giving far superior returns than the general markets are called multibagger stocks.
Below is a list of top stocks that jumped over 500 per cent this year.
Mangalam Drugs & Organics: The share price of the company jumped 1,363 per cent in 2015 till December 18. The scrip jumped from Rs 20.05 on December 31 last year to Rs 293.30 on December 18 this year. The company is having a market capitalisation of Rs 421 crore (as on December 18) and it is engaged in the manufacturing of chemicals, such as active pharma ingredients (API) perfumery, disperse dye intermediates, bulk drugs and bulk drugs intermediates. The Company’s segments include bulk drugs, and chemicals and others.
Uniply Industries: The company is engaged in manufacturing of plywood and other panel products. The share price of Rs 314 crore market cap company surged 1,051 per cent this year. It was trading at Rs 157.40 on December 18. For the quarter ended the company posted net profit of Rs 0.94 crore, up 162.82 per cent, against net loss of Rs 1.50 crore in the corresponding quarter a year ago.
Himachal Fibres: The Rs 519 crore market cap company manufactures and sell cotton and blended yarns in India and internationally. The share price of Himachal Fibres climbed 968 per cent during the period. It jumped from Rs 5.64 on December 31 last year to Rs 60.20 on December 18 this year.
Cupid Ltd: Cupid is a leading manufacturer of quality male condoms. The share price of Rs 503 crore market capitalisation company advanced 947 per cent this year till December 18. For the quarter ended September 205, net profit of Cupid jumped 138.42 per cent to Rs 4.11 crore from Rs 1.72 crore in the corresponding period last year.
Keerthi Industries: Share price of Keerthi Industries surged 866 per cent to Rs 230.80 on December 18 from Rs 23.90 on December 31 last year. Keerthi Industries was incorporated in 1982. It operates in four segments: cement division, wind mill, electronics division and sugar division. For the financial year ended March 2015, the company posted net profit of Rs 18.87 crore, up 204.54 per cent against net loss of Rs 18.05 crore last year. The company posted net loss of Rs 24.55 crore in FY 13 and net profit of Rs 11.94 crore in FY12.
Pioneer Distilleries: The company’s main objective is to manufacture Extra Neutral Alcohol (ENA), Rectified Spirits (RS) and Special Denatured Spirit (SDS). This year, the share price of Pioneer Distilleries surged 767 per cent to Rs 283.50 till December 18. For the quarter ended September 2015, the company posted net profit of Rs 2.24 crore, up 161.47 per cent, against net loss of Rs 3.64 crore in the corresponding quarter a year ago.
Cambridge Technology Enterprises: The company is a global technology services and outsourcing company. The share price of Rs 251 crore market cap company advanced 720 per cent to Rs 127.85 on December 18 from Rs 15.59 crore on December 31 last year.
GM Breweries: The company is engaged in the manufacturing of alcoholic liquor and markets its products brandy, rum and whiskey under brand names Pioneer Doctor Brandy, Pioneer Special Doctor Brandy, Hot Shot Rum and Reporter Choice Whiskey. The company has imported oakwood barrels to mature the whiskey in order to impart the liquor with the correct character, colour, strength and distinctive taste. The share price of GM Breweries gained 642 per cent this year till December 18. For the quarter ended September 2015, the company registered net profit of Rs 9.43 crore, up 304.72 per cent, against Rs 2.33 crore in the corresponding quarter a year ago.
Intrasoft Technologies: The Rs 602 crore market cap company is engaged in the business of providing electronic greeting cards, development of associated digital content and online marketing. The company provides electronic greeting cards through their websites and has partnered with several service providers for their technological infrastructure required to facilitate the same. They own and operate 123greetings.com, which is the most visited electronic greetings website. Intrasoft Technologies was incorporated on February 27, 1996 as Regency Extrusions & Plastics Pvt Ltd. The share price of Intrasoft Technologies surged 592 per cent to Rs 409.10 on December 18 from Rs 59.10 on December 31 last year. For the quarter ended September 2015, the compay posted a consolidated net profit of Rs 1.66 crore, up 80.09 per cent, against Rs 0.92 crore in the same quarter a year ago.
Kesar Petroproducts: Share price of Kesar Petroproducts climbed 587 per cent in the ongoing calendar year till December 18. Kesar Petroproducts was acquired under the change of management scheme formulated by the BIFR. Sharma Group having F industrial units at Lote Parshuram took over the management of the Company they have infused new capital in the Company and have started the manufacturing of various chemicals Cuprous Chloride, phthalimide and sulphates being the major products. For the quarter ended September 2015, the company posted net profit of Rs 2.87 crore, up 51.11 per cent, against Rs 1.90 crore in the corresponding quarter a year ago.
The four other stocks that jumped over 500 per cent in the ongoing calendar year are Alpa Laboratories (up 554 per cent), Archana Software (up 544 per cent), Brawn Biotech (up 528 per cent) and Dynacons Technologies (up 514 per cent).
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