Multibagger Alert: 3 stocks listed last month have risen up to 400%


According to media reports, 40 Indian companies raised 59,412 crore through IPOs in CY2022, which is less than half of the 1,18,723 crore raised by 63 corporates in 2021. However, the overall performance of the new entrants was largely positive.

Last year, the Indian equity markets experienced extreme volatility as a result of mounting recession fears, high commodity prices, and interest rate hikes. Despite the wild swings in the markets, some new entrants have managed to generate multi-bagger returns.

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