Do you own these top low-priced multibaggers at 52-week highs with returns of up to 3,688 per cent in just one year?

The Indian domestic indices Sensex and Nifty 50 reached all-time highs in October 2021, surpassing their respective crucial levels of 62,000 and 18,000. Thereafter, the indices entered into a prolonged downward trend and never returned to their previous levels.  

The year 2022 witnessed a Russia-Ukraine war, numerous geopolitical tensions, high inflation, a slowing economy, and weaker economic data, raising concerns about a possible recession. The major economies have started posting stronger economic data than before as a result of aggressive actions taken by all central banks worldwide.  

According to data issued by the Ministry of Commerce & Industry, wholesale inflation declined to 8.39 per cent in October from 10.70 per cent in September, driven by a fall in commodity prices. After reaching a five-month high of 7.41 per cent in September, retail inflation fell to 6.77 per cent in October, primarily as a result of decrease in food basket prices. 

These optimistic domestic and global cues enabled Indian benchmark indices to soar higher and trade at 52-week high levels.  

Some stocks are trading at their 52-week highs and impressing investors with their stellar returns as indices reach new 52-week highs. The top 10 low-priced multibagger stocks that investors were drawn to because of their impressive returns are listed below: