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Multibagger Stock: Doubled the money in a year, still bullish, will you invest in the profitable stock?

highlights

Last year, 114 percent returns were given to investors.
In a month, this stock is up 20 percent.
This stock is also in Mukul Agarwal’s portfolio.

Multibagger Bearing : Smallcap stock D Nora India has delivered huge gains to investors in just a year. In a year, this multibagger stock has doubled investors’ money. This stock rose today, ie also on Monday April 17th. By the close, the stock was up 2.28 percent to hit the level of Rs 1,080 (De Nora India). The stock was up 12.54 percent in the last trading session, on Friday. Experienced investor Mukul Agarwal who specializes in holding Multibagger shares has now also invested in D Nora India shares.

So if you keep an eye on the portfolio of experienced investors and make investment decisions based on that, then you can invest in D Nora India shares. Shares in this small-cap electrochemical specialty solutions provider have returned investors 114 percent over the past year.

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Agarwal holds 1.37 percent of the shares
According to a Moneycontrol report, veteran investor Mukul Agarwal acquired a stake in De Nora India in the quarter ended March 2023, according to data available on BSE. Mukul Agarwal holds 1.37 percent of the shares in this company. According to the latest share ownership pattern available to the stock exchanges, Agarwal owns 72,785 shares of the company. In addition to D Nora India, Mukul Agarwal acquired stakes in two other small-cap companies during the fourth quarter. Agarwal has acquired 1.91 percent of infrastructure company Capacite Infraprojects and 8.9 percent of airline Taal Enterprises.

give great returns
De Nora India has delivered excellent returns to its investors over the past year. In one year this share has increased from Rs 503.35 to Rs 1,078. In this way, it has brought investors 114 percent profit in one year. In the last 6 months, this stock has jumped about 20 percent, bringing this stock up 63 percent in 2023. The stock is up 20 percent over the past month and is up 17.63 percent in the last five trading sessions.

company profile
De Nora India is a subsidiary of De Nora Group. It is a market leader in electrochlorinators, cathodic protection systems, and cathode and surface finishing. De Nora India manufactures mercury metal anode coatings and recoatings, cathode/anode coatings/recoatings, ion exchangers and electrolysers for the chlor-alkali industry.

(Disclaimer: The stocks mentioned here are based on the advice of the brokerage houses. If you are interested in investing in any of these stocks, consult a certified investment adviser first. News18 is not responsible for your gain or loss of any kind. Will happen. )

Keywords: Business News in Hindi, Money making tips, Multibagger Stocks, stock market, stock tips

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