Top 5 low-priced multibagger stocks that dipped today

In the fast-paced world of the stock market, identifying potential multibaggers can be a challenging yet rewarding endeavor. Today, the spotlight falls on five such stocks that witnessed a dip, presenting a possible entry point for interested investors. While past performance is not a guarantee of future results, these companies hold promise and deserve a closer look for those seeking long-term value. Let’s delve deeper into these stocks and explore their intraday performance.

Following are the top five low-priced multibagger stocks that dipped today:

1. IFCI Ltd

IFCI Ltd experienced a 6.42% decline in its stock price, currently trading at Rs 42.25, down from the previous close of Rs 45.15. With a market cap of Rs 10,518.62 crore, it is more than 41% down from its 52-week high, yet it managed to yield multibagger returns of 311% in a year, showcasing resilience amidst market fluctuations. The traded volume stood at 15,189,173, reflecting substantial investor activity.

2. NBCC (India) Ltd

NBCC (India) Ltd observed a 5.01% decrease in its stock price, now trading at Rs 126.9, down from the previous close of Rs 133.6. Despite being more than 28% down from its 52-week high, the company delivered multibagger returns of 236% over the past year, demonstrating significant potential. With a market cap of Rs 22,842.00 crore and a traded volume of 15,737,594, NBCC continues to attract investor attention.

3. SJVN Ltd

SJVN Ltd witnessed a 4.05% drop in its stock price, currently trading at Rs 125.55, down from the previous close of Rs 130.85. With a market cap of Rs 49,338.58 crore and a substantial traded volume of 33,413,766, SJVN remains more than 25% down from its 52-week high. However, its remarkable multibagger returns of 281% in a year indicate promising growth potential despite recent fluctuations.

4. Marksans Pharma Ltd

Marksans Pharma Ltd experienced a 3.53% decline in its stock price, now trading at Rs 157.1, down from the previous close of Rs 162.85. Despite being more than 12% down from its 52-week high, the company delivered multibagger returns of 115% over the past year, showcasing its ability to weather market challenges. With a market cap of Rs 7,119.20 crore and a traded volume of 6,261,804, Marksans Pharma continues to be a noteworthy player in the pharmaceutical sector.

5. Patel Engineering Ltd

Patel Engineering Ltd saw a 3.62% decrease in its stock price, currently trading at Rs 58.6, down from the previous close of Rs 60.8. Despite being more than 26% down from its 52-week high, the company managed to deliver multibagger returns of 289% in a year, reflecting its resilience and potential for growth. With a market cap of Rs 4,316.02 crore and a traded volume of 4,320,224, Patel Engineering remains an intriguing prospect in the infrastructure sector.

Data as of April 15, 2024.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.