Multibaggers: These 9 midcap stocks surged up to 300% in two years. Do you own any?
While the Nifty 50 declined nearly 5% over the past two years and the Nifty Midcap 150 gained around 6%, select midcap stocks delivered exceptional returns. According to ACE Equity data, around 21 midcaps gained over 50%, with nine emerging as multibaggers.
The Indian equity market has delivered modest returns over the past two years. The Nifty 50 slipped nearly 5% during this period, while the Nifty Midcap 150 remained in positive territory, gaining around 6%. For investors looking only at the headline indices, the period may have seemed to offer limited opportunities. But beneath those numbers lies a very different story. The real action was within the midcap universe, where a select group of companies delivered spectacular returns. Around 21 midcap stocks gained more than 50%, while nine stocks turned into multibaggers, significantly multiplying investors’ wealth in just two years. (Data Source: ACE Equity)
Over the last two years, the stock has rallied 296%, rising from Rs 470 to Rs 1,862.
Over the last two years, the stock has gained 243%, climbing from Rs 944 to Rs 3,242.
Over the last two years, the stock has surged 219%, moving from Rs 1,037 to Rs 3,303.
Over the last two years, the stock has advanced 170%, rising from Rs 12,095 to Rs 32,640.
Over the last two years, the stock has rallied 163%, increasing from Rs 622 to Rs 1,634.
Over the last two years, the stock has gained 152%, moving up from Rs 1,714 to Rs 4,324.
Over the last two years, the stock has climbed 131%, rising from Rs 774 to Rs 1,790.
Over the last two years, the stock has surged 130%, advancing from Rs 1,942 to Rs 4,474.
Over the last two years, the stock has gained 104%, increasing from Rs 183 to Rs 372.