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If your investment journey coincided with formation of the Narendra Modi-led National Democratic Alliance (NDA) at the Centre, you may be sitting on a tidy profit. As many as 11 stocks has returned over 1,000 percent in the last four years, a number which was hovering near 50 when the Narendra Modi government completed three years in office in 2017.
But you will be surprised to note that the number of stocks that offered multi-bagger returns reduced considerably in just 12 months. If we look at the outperformers in the BSE 500 index, which is considered as the true barometer of the Indian economy, 11 stocks delivered returns in the range of 1,000-2,214 percent. These include: Minda Industries, Avanti Feeds, KEI Industries, Phillips Carbon Black, Indiabulls Ventures, HEG, Aegis Logistics, Tata Metaliks and Capline Point Laboratories.
Moreover, 206 stocks returned over 100-900 percent in the last four years. These include: Bajaj Finance, Venky’s India, APL Apollo Tubes, Sterlite Technologies, V-Mart Retail, Jamna Auto Industries, Bajaj Finserv, Britannia Industries, GHCL and Force Motors.
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