D-Street’s hidden bulls: 11 stocks give multibagger returns up to 522% in H1CY25. Check details


While Indian equity markets made a strong comeback in the last three months gaining 8.5% after a tumultuous start to the year and closing H1CY25 with near 8% gains, nearly a dozen stocks stamped their authority on the D-Street with a whopping 522% gains. These stocks have a market capitalisation of Rs 1,000 crore or more and hail from sectors as varied as semiconductors to chemicals and from trading to defense.

Elitecon International, a trading company with a market capitalisation of Rs 10,102 crore on the BSE tops the chart with 522% returns in the January-to-June period supported by the highest trading volumes in the list at over 23 lakh shares, indicating strong investor participation. Meanwhile, String Metaverse notched an impressive 508% gain, riding the AI and virtual reality boom.

Other standout performers included Kothari Industrial Corporation (+381%), Blue Pearl Agriventures (+295%), and NACL Industries (+226%), reflecting investor appetite for niche sectors like fertilizers, agro-trading, and specialty chemicals.

Traditional manufacturing names didn’t miss the party either. Force Motors advanced nearly 147%, benefiting from a recovery in the commercial vehicle segment, while defense supplier Sika Interplant Systems rose 172%, as India’s defense sector continued to attract capital.

Even financial players like Shalimar Agencies jumped 218% though just 7,380 shares traded over the six months period.


Different from league

Two stocks have delivered astonishing returns of more than 1,000% but with negligible volumes. One is RRP Semiconductor whose shares have skyrocketed by a staggering 1,012%, turning heads though with a volume of just 300 shares traded on the BSE. The company’s Mcap is Rs 2,756.88 crore.The other stock is GHV Infra Projects Limited, (erstwhile Sindu Valley Technologies) whose shares rallied 1,002%in the same period. The trading volume in this counter stood at 870 shares. It has business interests diversified in sectors including steel, power, refinery and petrochemicals.

Haryana Financial Corporation also delivered multibagger returns of 118% albeit with abysmally low volumes of 200 shares.

(Data Inputs from Ritesh Presswala)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)



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