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Warning signs flash for over 100 smallcap multibaggers. Is it a bubble waiting to burst?
An analysis of multibagger stocks with a market capitalization of at least Rs 500 crore but less than Rs 10,000 crore reveals 128 names like Rajoo Engineers (up 721%), Piccadily Agro (661%), Cupid (623%), KP Energy (578%), Shilchar Technologies (556%) and Magellanic Cloud (455%) that are above average valuations, shows data from ACE Equity.