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To find out how the rising tide has been strong enough to lift all boats, ETMarkets scanned price performance data of all BSE-listed stocks in between March 20 and December 29, the last trading day of 2023. ....
Electrosteel Castings surged from ₹21.5 in January 2021 to around ₹134 currently, rallying almost 525 percent in 3 years. This implies that an investment of ₹10,000 in this penny stock in January 2021 would have turned into ₹62,500 this year. ....
Shares of TD Power Systems Ltd have delivered multibagger returns in the last three years. The power sector stock, which closed at Rs 29.21 on January 8, 2021 surged to a high of Rs 287.50 in the current session, clocking 884.25% returns during the period. In comparison, Sensex has surged 46.64% during the period. TD Power Systems stock has gained 99.72% in a year and zoomed 223% in two years. The company had zero borrowings at the end of September 2023 quarter. ....
The idea here is not to look for stocks that sky-rocket in weeks, only to come crashing down in days. This is more like investing in a structurally strong penny stock today that sprouts its wings over five or even 10 years ....
If an investor had invested Rs 10,000 in Trident s stock 10 years ago and stayed put, the investment would have turned to nearly Rs 4 lakh, according to an analysis by ET Markets. ....