Five Multibaggers that gained over 20% Past Month

With so much going on in the Indian Stock market, a few Dynamic Levels recommended Multibagger stocks have held themselves beautifully. Each of the below mentioned stocks from varied sectors have gained over 20 per cent in past thirty days. Here is an insight to their movement.

ITI:

ITI Ltd is in the Telecom sector and is a state-owned telecommunications equipment manufacturer. The company has the market cap of Rs. 2,200.80 crores as on 15th December 2016. It has reported the sales of Rs. 281.58 crores and a net profit of Rs. 190.59 crores for the quarter ended September 2016. In past thirty days, ITI share price has gone up 52.49 per cent from Rs. 30.10 on November 15th to Rs. 45.90 on December 14th.

The stock surpassed its previous one year high on 5th December’s trade. On 7th, it replicated the act by trading at Rs. 40.75. On 8th December, ITI share price went as high as Rs. 42.15, breaking its previous day’s record high again and just to break it yet again on the next trade session. On 9th Dec 2016, the stock traded at a new high of Rs. 44.80. And again a surge of close to 8 per cent was seen on the NSE on 14th December when ITI share price hit a fresh 52 week high of Rs 53.70.

Dwarikesh Sugar:

Dwarikesh Sugar Industries Ltd is in the Sugar sector, having a market capitalization of Rs. 546.26 crores as on 15th December 2016. It has reported the sales of Rs. 242.75 crores and a net profit of Rs. 37.34 crores for the quarter ended September 2016. Dwarikesh Sugar share price has gained 26 per cent in past thirty days from the price of Rs. 230 on November 15th to Rs. 289.60 on December 14th.

On 7th December the rating agency ICRA Ltd upgraded the rating of Dwarikesh Sugar from [ICRA] BBB-]to [ICRA] A- with stable outlook for long term loans / Fund Based / Non Fund based facilities. The three-notch improvement in rating is a result of significant development in the financials of the company post the recent equity infusion via QIP (Qualified Institutional Placement) and strong cash flows in the last few quarters.

Hindustan Oil:

Hindustan Oil Exploration Company Ltd is in the Energy sector, having a market cap of Rs. 874.96 crores as on December 15th. It has reported the sales of Rs. 5.55 crores and a net profit of Rs. 13.11 crores for the quarter ended September 2016. Hindustan Oil share price was seen at Rs. 67.10, an approximately 28 per cent gain from the price of Rs. 52.50 on November 15th. The stock soared 6 per cent on 17th November, 5 per cent on 25th and 30th November and over 4 per cent on 7th December. The stock hit 52 week high on the NSE on December 12th at Rs. 74.10.

Can Fin Homes:

Incorporated in the year 1987, Can Fin Homes Ltd. is a mid Cap company having a market cap of Rs 4239.56 crores as on December 15th. The company operates in the Finance sector and has reported the sales of Rs. 332.38 crores and a net profit of Rs. 55.06 crores for the quarter ended September 2016. Can Fin Homes share price have risen over 25 per cent from Rs. 1259.90 on November 15th to Rs. 1581 on December 14th.

On November 15 Can Fin homes witnessed a bulk deal where Catamaran Capital had offloaded 153,041 equity shares worth of Rs 20 crore of the housing finance company via open market transaction. Catamaran Capital sold the shares at the average price of Rs 1,290.32 on the NSE, as per the bulk deal data making Can Fin Homes share price rally 17% to Rs 1,460 on NSE that same day.

Trigyn:

Trigyn Technologies Ltd is in the Information Technology sector, having a market capitalization of Rs. 345.13 crores as on December 15th and 9.8 per cent promoters holding pledged. It has reported the consolidated sales of Rs. 169 crores and a net profit of Rs. 10.43 crores for the quarter ended September 2016. Trigyn share price was trading at Rs. 94 on November 15th and since then it has gained over 22 per cent to trade at Rs. 115.10 on December 14th. On 23rdNovember 2016 Trigyn share Price surged by almost 14 per cent intraday and on December 5th and 9th it had gained 9 per cent.

Interested investors must keep an eye on these five stocks as they have yielded in double digits with the space of a little more growth left still. These stocks are good for enriching the investment portfolios.

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