These are Small cap stocks that gained up to 39,700% in 10-yrs
We had invested just Rs 3.56 in one stock of Symphony 10 years ago, We would have today bagged a whopping return of 39,733%.
Nifty ended at 9,964.4 level, down by 157.5 points, while Sensex closed at 31,922 level, down by 447 points on Friday. Nifty and Sensex witnessed biggest 10-day fall in the past 10 months. There were 207 advances, 1,464 declines and 290 unchanged stocks on NSE, reflecting strong negative sentiments floating in the market.
In the broader markets, BSE Mid-cap index closed at 15,609 level, down by 2.71% while BSE Small-cap index closed at 16,293 level, down by 2.93%.
Retail investors are always on the lookout for the investments in small-cap stocks as they are attractively priced. If you had invested just Rs 3.56 in one stock of Symphony 10 years ago, you would have today bagged a whopping return of 39,733%.
Symphony Limited and its subsidiaries are engaged in manufacturing and trading of residential, commercial and industrial air coolers, both in the domestic and international markets. The company operates through two segments: Air Coolers and Corporate Funds. The company is virtually debt-free. It has a good return on equity (ROE) track record: 3 Years ROE 41.31% Also, it has been maintaining a healthy dividend payout of 40.69%.
Following are the small-cap stocks that have given up to 39,000% returns in just 10 years
Company Name | Returns in ten years | Closing Price (21-Sep-2017) | Closing Price (21-Sep-2007) |
Symphony Ltd. | 39,733% | 1,418.05 | 3.56 |
Caplin Point Laboratories Ltd | 23,408% | 705.25 | 3.00 |
Avanti Feeds Ltd | 21,926% | 2,112.25 | 9.59 |
DFM Foods Ltd | 10,807% | 1,390.65 | 12.75 |
Relaxo Footwears Ltd | 7,493% | 523.95 | 6.90 |
source: indiainfoline.com
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