Multibagger Stocks: List of 44 Small-Cap Stocks That Doubled the Return in 2021


Stock Recommendations
by Ruchit Jain Last Updated: 2022-01-28T14:22:35+05:30

The year 2021 saw the Nifty Smallcap 250 index delivering a strong return of 62 percent, two and a half times more than Nifty (24%). In this outperformance, 44 out of 250 index stocks doubled investors’ money.

 

Analysis of Best Multibagger Stocks

1.    Tata Teleservices - Shares of Tata Group company Tata Tele delivered whopping 2,495% returns as its share price zoomed from Rs 9.90 to Rs 53.35 at the end of December 2021. The company is an Indian broadband, telecommunications and cloud service provider based in Mumbai. The stock today commands a market capitalization of over Rs 50,000 crore.

Shares of Trident Ltd. too delivered impressive returns of 439 percent as the stock rallied from Rs 7.97 to Rs 154.60. It is the flagship company of the Trident Group and is a leading manufacturer of yarn, Bath Linen, Bed Linen and wheat straw-based paper, Chemicals and Captive Power. The stock today commands a market capitalization of over Rs 27,000 crore. 

2.    CG Power – CG Power which offers products, services and solutions to Power and Industrial systems, delivered a solid 334 per cent return this year as the stock rallied from Rs 44.85 to Rs 194.55. The stock today commands a market capitalization of over Rs 26,000 crore. 

3.    KPIT Tech - The IT sector witnessed good buying interest throughout the year from which, KPIT Tech delivered 332 per cent return this year. The stock rallied from Rs 142 to Rs 612.95 and the stock today commands a market capitalization of over about Rs 20,000 crore. 

4.    Gujarat Fluorochemicals - The chemical sector too had a good year from which Gujarat Fluorochemicals (FLUOROCHEM) delivered 325 per cent return this year. The stock rallied from Rs 568.45 to Rs 2414.90 and the stock today commands a market capitalization of over around 30,000 crore. 

Amongst other stocks, Happiest Minds Techno, Balaji Amines, HIKAL, BSE AND HFCL delivered returns in the range of 100% - 200% during the year and became Best Multibagger stocks for 2021.

35 stocks provided returns in the range of 100-200 percent which included names like Eclerx, Hinduja Global Sols, Praj Inudstries, CDSL (Central Depo Services), TANLA Platforms and so on.

Read more: What are Multibagger Stocks?

 

Here's the list of Multibagger stocks with positive returns:

 

Symbol

Price as on 31.12.21

Price as on 31.12.20

Returns (%)

TTML

Rs.206.35

Rs.7.95

2,496

TRIDENT

Rs.53.35

Rs.9.9

439

CGPOWER

Rs.194.55

Rs.44.85

334

KPITTECH

Rs.612.95

Rs.142

332

FLUOROCHEM

Rs.2,414.9

Rs.568.45

325

HAPPSTMNDS

Rs.1,296.6

Rs.344.25

277

BALAMINES

Rs.3,409.8

Rs.926.4

268

HIKAL

Rs.526.25

Rs.165

219

BSE

Rs.1,918.5

Rs.691.2

210

HFCL

Rs.78.8

Rs.25.8

205

ECLERX

Rs.2,612.05

Rs.883.3

196

HGS

Rs.3,305.65

Rs.1,128.15

193

PRAJIND

Rs.334.95

Rs.115.5

190

CDSL

Rs.1,499.8

Rs.533.1

181

TANLA

Rs.1,883.25

Rs.673.9

179

RADICO

Rs.1,236.15

Rs.457.3

170

GRINDWELL

Rs.1,917

Rs.717.4

167

MASTEK

Rs.3020.5

Rs.1,132.45

167

POLYPLEX

Rs.1,875.5

Rs.710.95

164

JSL

Rs.198.2

Rs.75.7

162

CENTURYPLY

Rs.597.9

Rs.233.05

157

NETWORK18

Rs.90.45

Rs.35.9

152

JSLHISAR

Rs.349.1

Rs.141.55

147

IIFL

Rs.279.4

Rs.113.75

146

KEI

Rs.1,168.05

Rs.476.75

145

DCMSHRIRAM

Rs.958.4

Rs.394.8

143

CARBORUNIV

Rs.981.65

Rs.405.5

142

TCIEXP

Rs.2,213.2

Rs.925.95

139

INTELLECT

Rs.742.25

Rs.315.05

136

PRINCEPIPE

Rs.700.1

Rs.298.2

135

TRITURBINE

Rs.189.45

Rs.81.2

133

CENTURYTEX

Rs.917.55

Rs.410.9

123

LUXIND

Rs.3,688.9

Rs.1,652.1

123

SONATSOFTW

Rs.875.8

Rs.394.55

122

BSOFT

Rs.544.7

Rs.246.9

121

ZENSARTECH

Rs.521.55

Rs.237.4

120

SOBHA

Rs.895.45

Rs.414.65

116

SUPRAJIT

Rs.430.05

Rs.199.95

116

FACT

Rs.131.85

Rs.61.4

115

WELSPUNIND

Rs.145.5

Rs.67.9

114

BALRAMCHIN

Rs.367.5

Rs.172

114

VTL

Rs.2,318.4

Rs.1,085.1

114

BAJAJELEC

Rs.1,284.25

Rs.610.55

110

TATACOFFEE

Rs.213.15

Rs.104.65

104

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About the Author

Ruchit Jain is Lead Research Analyst at 5paisa. He has a vast experience of 14 years in this field and is proficient in Technical and Derivatives Research. He has completed his CMT (U.S.A.) and has done Masters in the field of Finance at Mumbai University.

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