Multibagger Stocks: Smallcap Stocks that Made Investors Rich in 2023-24 First Half
The stock market during the first half of the current financial year 2023-24 experienced significant upheaval. However, amidst these challenging times, some stocks performed exceptionally well, making their investors rich within a short span of time. Stock market experts have identified 10 smallcap stocks that have seen remarkable growth.
Texmaco Rail & Engineering Company, one of the identified stocks, has provided its investors with a profit of 276 percent in just six months. Mazgaon Dock Shipbuilders Company shares have generated a 243 percent profit for their investors within the same period. Force Motors Company witnessed a 232 percent increase in its shares, benefiting investors. Genes Power and Infrastructure Company saw a profit of 220 percent for its shareholders.
Titagarh Rail Systems Company shares have gained 212 percent in the last six months, while Suzlon Energy Company has returned a profit of 204 percent to its shareholders. Himadri Specialty Chemicals Company shares have increased investors’ money by 195 percent. GE T&D India Company has also witnessed a growth of 187 percent in the last six months. Jindal Shaw Company shares have increased investors’ money by 164 percent during this period.
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