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Several stocks turned to BSE-multi-bagger in 2022

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New Delhi: At a time when the weak broader market subdued the Indian equity market consistently, several stocks on the BSE turned multi-bagger since the start of the calendar year 2022.

Notably, more than 10 BSE-listed microcap stocks, have managed to deliver sharp returns to their investors of those, KIFS Financial Services gained the most with a jump of 207 percent in 2022 so far. The shares rose from Rs 43.5 on December 31, to Rs 133.4 on Friday’s closing, BSE data showed.

Other stocks which witnessed a stellar uptick in prices are AK Spintex, RTCL, Daulat Securities, Sacheta Metals, Tran way Technologies, Triveni Glass, Orosil Smiths, Kellton Tech, BCL Enterprises, Ruttonsha International Rectifier, Tinna Rubber, and Infra, Shanti Educational and Zodiac Energy, according to the BSE data. These stocks at least doubled during the period.

However, in the week to Friday, benchmark equity indices -Sensex and Nifty – declined around 4 percent.

Source -IANS

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