Business

These stocks have shown excellent form, have made investors rich by giving great returns

Multibagger Stocks: Textile stocks are in demand. As a result of excellent quarterly results from several firms, there is a growing demand for high quality stocks in this sector. The sector suffered a lot as a result of the fall in revenue and the Kovid epidemic, but now it has improved significantly. Today we will tell you about those textile stocks which have performed well in the past and have given returns of more than 400 percent.

Adinath Textiles Limited

  • Adinath Textiles Limited, established in 1979, is a textile-focused small cap business with a market capitalization of Rs 43 crores. The company currently has 4800 installed spindles.
  • The stock has given returns of over 1,224.56% from January 2021 to August 13, 2021.

Sportking India Ltd

  • Established in 1989, is a textile-focused small cap company with a market capitalization of Rs 1,58 crore. The stock gave 2219.68% return in three years.
  • The company reported standalone total income of Rs 451.81 crore for the quarter ended June 30, 2021.
  • In the most recent quarter, the company posted a net profit after tax of Rs 78.99 crore.
  • From January 2021 to August 13, 2021, the stock has given returns of over 861 per cent.

Raja Bahadur International

  • It is a small-cap company with a market capitalization of Rs 265.12 crore.
  • From January 2021 to August 13, 2021, the stock increased by about 544 percent.

Betex India Ltd

  • Betex India Betex India Limited, established in 1992, is a textile-focused small cap business with a market capitalization of Rs 15.71 crore.
  • From January 2021 to August 13, 2021, the stock increased by about 456 percent.

Nahar Spinning

  • Nahar Spinning Mills Limited, established in 1980, is a small cap company in the apparel industry with a market capitalization of Rs 1,60 crore.
  • From January 2021 to August 13, 2021, the stock increased by about 462 percent.

Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)

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Shivam Bangwal

Shivam Bangwal is a young entrepreneur who hails from Uttarakhand. Shivam is a professional full time Digital Marketing and PR expert with a post graduation degree of Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Branding Panther and Digital Leader.

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