Indo Count Industries and 8K Miles Software Services are the other two
companies that have turned out to be the stocks with maximum gains for
the period.
It is always a dream come true for investors to see a stock multiply several times over its initial investment.While there is no clear formula for multiplying your wealth, it may make immense sense to focus on a strategy that will help improve the probability of including multibaggers in one’s portfolio.
According to a study by a leading news daily 73 of the 139 BSE listed stocks with foreign promoter holding in excess of 50 per cent have turned out to be wealth creators with the returns ranging from 100 per cent in a five year period to a whopping 5,851 per cent.
The benchmark index Sensex has gained by almost 70 per cent during the last five year period. When we consider the last five year period MNC stocks like Kingfa Science & Technology (India) Ltd., features amongst the list of top three multibagger stocks in terms of absolute returns.
Indo Count Industries and 8K Miles Software Services are the other two companies that have turned out to be the stocks with maximum gains for the period. Indo Count Industries with a gain of 7521 per cent or 138 per cent CAGR followed by 8K Miles Software Services with gains of 6845 per cent or 134 per cent CAGR and Kingfa Science & Technology (India) Ltd., with gains of 5945 per cent or 127 per cent CAGR are the three best performing stocks on the bourses for a five year period.
