Indian markets have shown a lot of strength during the last 1 year. Indian markets have got support due to all the relief measures taken by the government and RBI and strong liquidity. Apart from this, the market sentiment has also improved due to increasing vaccination and decline in the case of COVID-19. And there is hope for the complete opening of the economy. The effect of which is being seen on the stock market.
Looking at different investment options, veterans are of the opinion that the equity market will emerge as the best performer in the long term. In these situations, if we look at the market journey of the last 1 year, then there have been some stocks which have given multibagger returns during this period.
Let’s have a look at them –
Flomic Global Logistics: It is an airfreight service provider company operated by IATA. The company provides logistics facilities for sea transport as well as freight transport by air, rail and other means. The company has been in business for nearly 30 years and provides services for more than 84 countries.
In the last 1 year, this stock has seen a jump of 14850 percent and during this period the price of this share has increased from Re 1 to Rs 167.45. It should also be mentioned that this stock is not listed on NSE and has a market cap of Rs 120 crore.
HDFC Securities gave buy advice in these 2 Nifty stocks, what do you have?
Gopala Polyplast Ltd- Gopala Polyplast Ltd manufactures sacks or bags woven from HDPE/PP. It has an installed capacity of 7925 tonnes. Apart from this, the company also makes labels for other textile products. Which are used in readymade garments, hosiery, terry towels, shoes and knitwear.
In one year, this stock has increased from Rs 5.72 to Rs 629.4. The stock has given a return of 10,903 per cent during this period.
Xpro India: It is a Birla Group company. It has many divisions and its units are located at different places. It is a packaging business company. Whose market cap is Rs 816. If you look at the company’s product portfolio, it manufactures various products like BOPP films, coex cast films, coex sheets.
The company operates Monopoly in manufacturing packaging products for capacitors. Experts believe that the company will benefit from the favorable policies of the government regarding electronic manufacturing. For some quarters, the company has seen an increase in profits, due to which it has been able to reduce its debt.
During the last one year, this stock has seen a rise of 3145.54 percent. Its previous closing price is Rs 691.3. Considering the huge potential associated with electric vehicles, there are signs of further upside in this stock. Apart from this, the government has improved the invert duty structure in this segment, which will benefit the company further.
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