Here are top ten multibagger low-beta stocks in last two years; Brightcom Group gains over 1,460 per cent!

Karan Dsij
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Here are top ten multibagger low-beta stocks in last two years; Brightcom Group gains over 1,460 per cent!

Low-beta stock does not see a sharp movement or wealth erosion even if the market becomes volatile.

In the world of investing, volatility is the key. Investors are reminded of this whenever there is a downturn in the broader market and individual stocks are more volatile than the other, resulting in enormous swings in price.   

Volatility is an indicator of risk. In general, the higher the volatility, the riskier the portfolio or the stock is. The volatility of a security or portfolio relative to its benchmark is called beta.   

To reiterate, beta is a number, which describes the movement or volatility of that stock in comparison to the broader indices. For example, if a stock has a beta of one, then its movement is almost similar to that of Sensex. However, if it is greater than one (for instance, two, then it gives around two times’ the return than the broader indices. Similarly, if the stock’s beta is less than one (say, 0.5) then, it will inch higher by approximately 50 per cent less than that of the broader indices. Here, one should note that stocks having beta greater than zero usually move in the direction of the broader market i.e., if the market inches higher, the stock also goes up and vice-versa.  

Low-beta stock does not see a sharp movement or wealth erosion even if the market becomes volatile. Given the fact that the markets are expected to remain volatile due to factors like inflation, commodity prices and central bank actions provide major cues for sharp movements in both ways. 

Here is the list of top ten multibagger ">Multi-bagger low-beta stocks in the last two years: 

Name  

Gains in %  

Beta  

BCG  

1466.68  

0.33  

ABB  

296.51  

0.5  

CGCL  

209.8  

0.22  

SUNCLAYLTD  

194.4  

0.4  

BAJAJELEC  

145.21  

0.49  

RATNAMANI  

125.99  

0.33  

OIL  

125.06  

0.35  

ONGC  

119.11  

0.44  

POLYMED  

104.35  

0.32  

NH  

100.33  

0.45  

 

(Note: We have considered stocks that have a beta equal to or less than 0.5 from Nifty 500 universe). 

Do you hold any low-beta stocks in your portfolio?   

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5 comments on article "Here are top ten multibagger low-beta stocks in last two years; Brightcom Group gains over 1,460 per cent!"

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Satyendra Kumar

Yes, I have 3000 shares of Brightcom group .


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B k Gupta

BCG future ?


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SURESH PONAKA

Yes it is good share more returns I have 2000 shares


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Maaz Ahmed Shariff

Yes I ONGC shares. Article is very elucidating.


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majestic Prints sandeep shukla

Brightcom group is good buy for short-term kindly suggest

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