Are you searching for the best Multibagger Penny Stocks for 2022? Please read about the top multibagger stocks that gave more than 200% in just one month. The US Federal Reserve announced an increase in interest rates of 75 basis points in an effort to battle the excessive inflation that has battered the international financial markets.
Most worldwide indices fell as a result of recessionary anxiety. Market expansion was impeded by persistently growing inflation, therefore central banks everywhere took forceful action to lower it. The Reserve Bank of India also announced a 50-basis point increase in its policy rate on Friday in response to escalating inflationary fears and a depreciation in the value of the rupee. The major indices BSE Sensex and Nifty 50 both fell 2% to 3% in a single month.
Several equities have exceeded the indices and taken investors by surprise with their remarkable profits despite the weakness of the domestic and international markets.
Top 10 Multibaggers Stocks That Soared Around 216% In Just One Month
- Alstone Textiles: 216.39% profit
- Sonal Mercantile: 184.04% profit
- Virgo Global: 179.43% profit
- Baroda Rayon Corporation: 177.52% profit
- Madhusudan Securities: 170.78% profit
- Sarda Proteins: 162.38% profit
- RMC Switchgears: 161.4% profit
- Northern Spirits: 156.64% profit
- Indo Euro Indchem: 154.3% profit
- Golechha Global Finance: 151.09% profit
Best 10 Multibagger Penny Stocks for 2022
Alstone Textiles 216.39% Profit
The primary business of the company when it was founded was textiles, which included cotton, woolen, art silk, natural silk, ready-to-wear apparel, hosiery, synthetic fiber and fabric, and mixed fabrics. Alstone Textiles (India) Limited is in a good position to expand quickly. The company’s unique experience and insight enable it to recognise possibilities and realize their full potential. Growth and money cannot support a company for as long as excellence and distinctiveness can.
Alstone Textiles (India) Limited gives value and commitment based on the highest professional standards keeping this in mind. It will be in the multibagger penny stocks for 2022 list for sure.
Sonal Mercantile 184.04% Profit
Since 1985, Sonal Mercantile Limited (“The Company”) has been providing financial services. It has expanded greatly over more than 31 years while providing quality services. Sonal Mercantile Limited was the company’s initial name when it was first registered as a public limited company with the Registrar of companies on November 4th, 1985, with registration number 022433. Since February 2015, the Company’s shares have been listed on BSE Limited. The company is offering top-notch, cutting-edge, and quick solutions to their clients in all business sectors.
Virgo Global 179.43% Profit
Virgo Global Limited was initially incorporated under the name “Om Web Private Limited.” On February 10, 2009, the company’s name was changed to Virgo Global Media Limited, and the RoC issued a new certificate of incorporation in response. The Company’s name was then changed to Virgo Global Limited, and the RoC issued a new certificate of incorporation on January 2, 2017 in response to the name change.
The company is in the business of producing, trading, dealing, and maintaining computer hardware and software, computer systems, and assembling data processors, programme designs, as well as all types of tabulating machines, accounting machines, calculators, computerized telecommunication systems and networks, as well as their components, spare parts, equipment, and devices.
Baroda Rayon Corporation 177.52% Profit
Gaekwad Chinai and Business Private Limited founded the Baroda Rayon Corporation Limited (BRCL), a public company, in 1958. The subscribers to the Memorandum and Articles of Association are no longer associate with the Company as a result of the elimination of the Managing Agency system, and Lt. Col. Fatehsinghrao Gaekwad (the former Maharaja of Baroda State) had taken over management of the Company with a staff. The company works in the textile business in Gujarat’s Surat City. It is mostly recognised for its diamond in textile industry.
Madhusudan Securities 170.78% Profit
Sarda Proteins 162.38% Profit
Sarda Proteins Limited trades agricultural products and culinary oils at wholesale prices. It is located in Alwar, Rajasthan, only 160 kilometers away from New Delhi.
RMC Switchgears 161.4% Profit
RMC Switchgears Limited (formerly RMC Switch Gears Limited), is based in India’s pink city and has an 8 Lac square foot manufacturing plant. The design and production of Electronic Energy Meters, Enclosures for Energy Metering, Distribution Boxes and Panels, Sheet Molding Compounds (SMC) and Bulk Molding Compounds (DMC), Solar Power Equipment, and Turnkey Contracts are their main specialties. In addition to this, they produce and distribute Lamina-branded designer PVC sheets in a range of marble and hardwood finishes throughout India.
Northern Spirits 156.64% Profit
Indo Euro Indchem 154.3% Profit
Base paper, printing press plates, tissue paper, and laminates are imported by Indo Euro Indchem Ltd. The business sells to customers all around India.
Golechha Global Finance 151.09% Profit
Golecha Global Finance Ltd. handles financing and investing activities in India. The firm deals in securities, including shares and debentures, commodities, and other investments..
Research the above mentioned stocks and include these in your multibugger penny stocks for 2022 list. Do thorough research before investing.