Stock Market: Just a year ago. Six companies listed in Sambat 2079 have already given Multibagger Return. While many of the remaining stocks are trading below their issue prices, they have given stupendous returns. Know the names of these stocks (Share Market).
6 newly listed companies that have filed multibagger returns
Kaynes Technology: The stock has given the highest return among listed companies in 2079, rising 322 percent to Rs 2,476.60 from its issue price of Rs 587. This stock went public on 22 November 2022. This stock witnessed a great launch when it came into the market. At that time the stock price was about 32% higher than its IPO price of Rs 778. It closed at Rs 690 with a gain of 17.5% on the first day. The stock has given positive returns in all the months since its listing.
Global Health: The stock has more than doubled investors’ money. Currently its issue price is 858, up 156 percent from 336. The stock was listed at 401 on 16 November 2022, at a premium of over 19 per cent to the issue price.
Client DLM: The stock has given multibagger returns, currently up 139 percent from 265 to 633.05 at its issue price. The stock was listed at a premium of more than 52 percent to the issue price.
Plaza Wires: The stock is currently up 125 percent from its issue price of 54 to 121.55. The stock was listed at 76 on 13 October 2023, a premium of around 41 per cent to the issue price.
Senko Gold: The stock is currently up 122 percent to 703 from its issue price of 317. The stock was listed at 430 on July 14, 2023, a premium of about 36 percent to the issue price.
Utkarsh Small Finance Bank: The stock is currently up 100 percent to 50 from its issue price of 25. The stock was listed at 40 on 21 July 2023, a 60 per cent premium to the issue price. Currently the prices of these stocks have changed.
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