Multibagger Stocks: These shares of Mahindra Group did wonders, doubled their money in a year

Mahindra Group is one of the largest and oldest business houses in the country. This group is currently doing business in many sectors including Automobiles, Auto Equipment, Financial Services, Information Technology, Real Estate in many countries including India. Is. According to the stock market, eight companies of the group are present here. Out of these, 05 companies have given more than 100% returns during the last one year i.e. have doubled the investors’ money. At the same time, the shares of the remaining three companies have given flat or negative returns.

Mahindra CIE Automotive: Mahindra CIE Automotive share price, a company that manufactures auto parts, has given the highest returns during the last one year. It has left behind all other group companies in terms of making investors rich. About a year ago, the price of its one share was around Rs 200, which has now reached close to Rs 400. That is, it has given more than 100% returns in a year and has doubled the money of its investors.

Mahindra & Mahindra Financial Services: This NBFC company of Mahindra Group has also managed to give multibagger returns during the last one year. Present mainly in small towns and rural markets, this company distributes auto loans. In the last one year, the price of its shares has gone up by about 75 percent. Right now its one share price is around Rs.260.

Mahindra & Mahindra: The stock of this flagship company of the group is also not lagging behind in terms of giving returns. In the recent past, the company has increased its share in the auto segment by launching several SUVs one after the other. The company has got a lot of help after launching vehicles like XUV 300, XUV 700 and Thar. Due to this, the company’s stock has reached close to Rs 1,370 with a jump of more than 65 per cent during the last one year.

Mahindra Holidays & Resorts India: Sectors like hotel, travel were badly affected due to the Corona epidemic. However, now after the impact of the pandemic subsides and new cases decline, these sectors are recovering fast. Major companies of these sectors are benefiting from this. The share of Mahindra Holidays and Resorts India of Mahindra Group has also risen by about 40 per cent in the last one year due to this reason.

Mahindra Lifespace Developers: In the last one year, the stock of this company of Mahindra Group has strengthened by more than 25 percent. This company works in the real estate sector and develops large residential projects. Many brokerage houses are expecting better performance from its shares in the coming times as well.

(Disclaimer: Investing in the stock market can be risky. In this article, information has been given about the performance of the respective stocks in the past one year, which does not have any direct relation with the future performance. Investing in the market Do your own research or take the help of a financial advisor before investing.)