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Top Five Performing Multi-baggers of 2016

Dynamic Equities Pvt Ltd | 02 Jan, 2017  | Follow Author | Add to my Favourites 
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2016 has been an eventful year for the Indian Equity market. We have seen the Union Budget shaking the market on the last day of February, how the GST bill evolved over the year, the bloodbath in the market on cue from the surgical strike to the final sixer by the Prime Minister on 8 December- Demonetization.

With each of these events, the markets reacted accordingly.  We saw high rise and low dive in the NSE benchmark index Nifty. But there are few stocks that have given consistent return almost throughout the year. Dynamic Levels have identified a list of top performing stocks with the potential to give high return. These are called Multibagger stocks.

Let’s take a look at such top 5 multibagger stocks that have given best return in 2016 since the Union Budget.

Out of Top 500 Shares, Dynamic research at the end of every month identifies the top performing stocks based on the fundamentals. These Multibaggers can be a great investment opportunity which can give you high return. These are well analyzed multibagger stock, based on our technical and fundamental research, traded in very high volumes. As observed, these companies multiply their earnings per share every year. These shares have a great potential to grow in the long run.

1.    Thirumalai Chemicals- Since the Union Budget, the stocks has given a return of a massive 562.78 per cent. On the last trading session of 2016, Thirumalai Chemicals share price closed at Rs 764.40, up by 2.24 per cent. The market cap of the company is Rs 782.65 crores and there is no Promoter holding pledged.

2.    Sudarshan Chemicals- The share witnessed a rise of 402.24 per cent since the Union Budget. Sudarshan Chemicals share price pulled the curtain down on 2016 at Rs 311.30 apiece on NSE, down by 1.95 per cent.

3.    Kiri Industries- Shares of this chemical company returned 355.96 per cent since the Union Budget 2016. Kiri Industries share price closed at Rs 285.70, up by 1.02 per cent.

4.    Tata Metaliks- With a rise of 344.73 per cent, Tata Metaliks is one of the best performing Multibagger stock of 2016. In the last trading session of 2016 Tata Metaliks share price closed at Rs 324.75, up by 0.12 per cent or 0.40 points.

5.    GNFC- GNFC share price closed at Rs 213.60, up by 1.72 per cent or 3.60 points. The share returned 308.91 per cent since the Union Budget 2016.


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About Dynamic Equities Pvt Ltd

Dynamic Equities Pvt. Ltd. is a a SEBI Registered Investment Advisor and Stock Broker, a leading financial services provider, and one of the major players in the Equity markets in India. With an experience of over 15+ years in Stock Markets and Equity Research, they provide daily updated Support & Resistance of 4200 instruments across 93 exchanges and 56 countries globally. They have an in-house team of over 25 analysts. Under the guidance and mentorship of Mr. Shailesh Saraf, MD of Dynamic Equities Pvt. Ltd., these analysts are dedicately involved in guiding their clients and users of the website for trading in the market. Mr. Shailesh Saraf has an experience of over 24 years in the financial market, especially in capital & derivatives market operations, trading, research and management related areas. Dynamic Levels is a website owned by Dynamic Equities Pvt. Ltd. The website can be reached at

For more information please write in to [email protected]

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.

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