Eight years of Modi Government: Do you own these multibagger small-caps that gained up to 20,800 per cent?

Kaustubh Bhosale
/ Categories: Trending, Mindshare
Eight years of Modi Government: Do you own these multibagger small-caps that gained up to 20,800 per cent?

Since Narendra Modi was elected as PM in May 2014, BSE Sensex has gained by more than 124 per cent.

Equity markets have come a long way since Narendra Modi got elected as the Prime Minister of India. The expectation was set high by the market participants as the leadership change promised unprecedented reforms that can put India on a high growth trajectory. Since Narendra Modi was elected as PM in May 2014, BSE Sensex has gained by more than 124 per cent.  

 

Several sectors have performed well during the current regime. Many stocks have also turned out to be multibaggers since May 2014. We have witnessed a huge wealth creation in the small-cap stocks as well.  

 

Here is the list of top-performing multibagger small-cap stocks since May 2014: 

 

Top 10 small-cap stocks 

Company name 

Sector 

Latest market cap 

Returns from May 26, 2014 to May 26, 2022 

Tanla Platforms Ltd 

IT 

17,727.01 

20,827.88 

GRM Overseas Ltd 

FMCG 

2,041.2 

14,075 

NGL Fine-Chem Ltd 

Healthcare 

1,115.38 

7,268.98 

HLE Glascoat Ltd 

Capital goods 

4,614.81 

6,784.01 

Vidhi Specialty Food Ingredients Ltd 

Chemicals 

1,932.62 

6,641.29 

Paushak Ltd 

Chemicals 

2,753.08 

6,166.19 

Stylam Industries Ltd 

Construction materials 

1,360.51 

6,122.87 

Balaji Amines Ltd 

Chemicals 

8,963.9 

5,786.28 

Medicamen Biotech Ltd 

Healthcare 

759.87 

5,638.01 

Minda Industries Ltd 

Automobile & ancillaries 

25,407.37 

5,589.66 

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