These 4 shares of the electricals sector did wonders, grew by 400% in 2021

Multibagger Stock: The trend of increasing urbanization, a sharp increase in infrastructure expenditure, is a good sign for the electrical sector of India. Several stocks in the industry are expected to outperform the market, some of which have gained over 400 per cent in 2021.

Pan Electronics

• For the past three years, the company has posted a negative return on investment (ROI). Pan Electronics India Limited, established in 1982, is a small cap company in the Electric/Electronics sector with a market capitalization of Rs.11.78 crores.
• The company spent Rs 2.26 crore on investment activities and there is a year-on-year growth of 846.62 percent.
• The share price of Pan Electronics has increased by 390 percent since 2021 so far. The one-year return of this stock was 292 percent.

Tamilnadu Telecommunications

• Tamil Nadu Telecom, established in 1988, is a small cap business in the cable sector with a market capitalization of Rs 11 crore. For the fourth consecutive quarter, the company has incurred a loss of Rs 2.74 crore.
• The stock has returned 1089.47 per cent in three years as compared to 43.89 per cent of Nifty Smallcap 100.
• The share price of Tamil Nadu Telecom has soared 411 percent in 2021 so far. The stock gave a return of 551 percent in one year.

Hindustan Urban Infrastructure

• Hindustan Urban Infrastructure, established in 1959, is a small cap company in the Electric/Electronics sector with a market cap of Rs 815.23 crore.
• In the financial year ended March 31, 2021, the company spent 7.58 per cent of its operating revenue on interest charges and 4.93 per cent on labor costs.
• Over the three-year period, the stock gave a return of 548.39 per cent, compared to the Nifty Smallcap 100’s 43.89 per cent and S&P BSE Industrials’ 51.81 per cent.
• So far, there has been a tremendous jump of 280.38 percent in the share price of Hindustan Urban Infrastructure in 2021. The stock gained 553.62 per cent in one year.

Olectra Greentech

• Olectra Greentech, established in the year 2000, is a Small Cap Company in Electric/Electronics Sector with a market cap of Rs 3,52 Crore.
• Revenue declined by 70.7 per cent on a quarter-on-quarter basis, the lowest level in the last three years.
• The stock gave a return of 35.83 per cent over three years as compared to Nifty Smallcap 100’s 43.89 per cent. Over the three-year period, the stock had a return of 35.83 percent, compared to S&P BSE Industrials’ 51.81 percent.
• The share price of Hindustan Urban Infrastructure has increased by 186.85% per cent so far in 2021. The stock gained 470.23% percent in one year.

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