Multibagger stocks of 2021 that have doubled in 2022, so far!

DSIJ IntelligenceCategories: Multibaggers, Trendingjoin us on whatsappfollow us on googleprefered on google

Multibagger stocks of 2021 that have doubled in 2022, so far!

Month-to-date, Nifty 50 and Sensex have climbed more than a per cent each. High volatility due to weak global cues has erased gains over the last few trading sessions.

So far, the year 2022 has been a topsy-turvy roller-coaster ride for the global as well as the Indian equity markets. The geopolitical crisis, sky-high energy & commodity prices, raging inflation, rate hikes by major world economies, and mixed earnings season are among the key factors that have contributed to the inflated levels of volatility in the markets.     

Month-to-date, Nifty 50 and Sensex have climbed more than a per cent each. High volatility due to weak global cues has erased gains over the last few trading sessions. However, banking, power, and selective Small-Cap stocks are outperforming the broader markets in September.    

Ahmedabad-based tycoon, Gautam Adani has been on a phenomenal roll in 2022, so far. The shares of Adani Transmission, Adani Enterprises & Adani Total Gas were among the biggest wealth creators in 2021 and this trend has persisted in the current year as well. The stocks of these companies have more than doubled over the last eight and a half months. 

Following is the list of multi-bagger stocks of 2021 that have doubled in 2022, so far!  

Company Name 

Market Cap (Rs Cr) 

2021 Returns (%) 

YTD Returns (%) 

Adani Transmission Ltd 

447903.8 

298.77 

131.72 

Adani Enterprises Ltd

437281.6 

248.08 

124.51 

Adani Total Gas Ltd

404224.2 

355.3 

114.35 

Deepak Fertilisers 

11262.23 

135.55 

138.38 

Rajratan Global Wire Ltd

6462.89 

353.34 

215.99 

BLS International Services Ltd

5835.7 

123.08 

199.13 

Elecon Engineering Company Ltd

4314.09 

340.74 

108.46 

Mirza International Ltd

4208.3 

126.17 

178.17 

Fineotex Chemical Ltd

4003.56 

110.25 

161.11 

DB Realty Ltd

3487.49 

212.63 

157.8 

Sadhana Nitro Chem Ltd

3087.83 

228.67 

175 

New Delhi Television Ltd

2842.86 

179.06 

282.6 

Vishnu Chemicals Ltd

2401.57 

324.37 

131.31 

SEL Manufacturing Company Ltd 

2239.57 

1449.38 

1695.22 

Jyoti Resins & Adhesives Ltd

1900.2 

168.4 

322.06 

Cressanda Solutions Ltd

1550.15 

2210.71 

501.24 

Monarch Networth Capital Ltd

1173.36 

265.92 

171.77 

Bigbloc Construction Ltd

1029.26 

164.8 

146.23 

Jagsonpal Pharmaceuticals Ltd 

1022.64 

122.35 

117.95