Key Highlights
- Since last Christmas, Nifty 50 index has risen 10% while the broader Nifty 500 index has added 6.5%.
- What's even more distressing is that 270 stocks from the index have fallen in a year, while only two have managed to deliver multibagger returns.
- According to data from Capitaline, Force Motors and L&T Finance are the only two Nifty 500 constituents that have emerged as multibagger stocks, effectively more than doubling investor wealth.
- Force Motors shares have surged a whopping 176% from ₹6657.25 on December 24, 2024, to ₹18,365 as of the last closing price.
- The stock has seen a steady increase in FII shareholding in the company, signalling strong institutional interest and robust financial performance.
