Winning Bizness Desk

Mumbai. It is well known that according to the market conditions, there are fluctuations in the stock of the companies or simply saying, the share price keeps on fluctuating. The same trend went ahead and the first half of the calendar year 2023 saw ups and downs in the domestic stock market. But in the meantime, 33 stocks came out which made investors rich on Dalal Street and gave them multibagger returns. This means that since January this year, 33 stocks have doubled investors' money. In the same period, the BSE Sensex saw a jump of 3.5 per cent. Last week BSE Sensex reached its lifetime high and most of the 33 stocks that gave multibagger returns to investors in the same period come from midcap and smallcap categories.

Share of Remedium Lifecare in first place

In this list of stocks giving multibagger returns, only those stocks with a valuation of more than Rs 500 crore have been included. In 2023, these stocks took the share of Remedium LifeCare to the first position. The stock has seen a jump of 2573 per cent so far this year, though it was in the red line on 27th June. Andhra Cements stock stood at the second position in the list which gave a return of 1,392 per cent. Similarly, the stock of K&R Rail Engineering gained 689 per cent. The share of Suryalata Spinning Mills has seen a jump of 310 per cent. JITF Infra Logistics has seen a gain of 271 per cent.

Six out of 33 stocks from the capital goods sector

Similarly, JITF Infra Logistics has seen a gain of 271 per cent. EFC (I) has gained 175% so far this year. Nucleus software exports have seen a growth of 172 per cent so far. There was a jump of 160 per cent in Master Trust's stock and 160 per cent in Saksoft's stock. Out of these 33 stocks, six stocks are from the capital goods sector. Similarly, six stocks are related to information technology sector. Large cap IT stocks underperformed during this period. Whereas, a large number of investors showed interest in midcap and smallcap technology stocks.