Share Market: 3 Top Performing Multibagger Companies That Gave Good Returns in One Year

Share Market News: NTPC, Bajaj Auto, and Tata Motors were the three top-performing Nifty stocks that have doubled their investment capacity in the last year. While NTPC gave a 113%, Bajaj Auto and Tata Motors gave a return of 112% in the last one year. In the last three months, after outperforming Nifty 50, the Nifty Auto Index has given a return of 18% more. 

Future Growth Perspective

Bajaj Auto is presenting its March results on 18 April, while Tata Motors will be announcing the results on 10 May. Meanwhile, the date of the NTPC results is yet to be announced. According to analysts, on a year-on-year basis, Bajaj Auto’s profit in Q4 is expected to increase by 30% and 25% growth in sales. On the other hand, Tata Motors’ sales are expected to increase by 10-12% growth and 30% increase in profit. Talking about NTPC, then according to Q4 FY24, the company’s net sales on a YOY basis are expected to increase by Rs 43,600 Cr with an increase of 1% while EBITDA is expected to remain at 12,600 crores and PAT at Rs 4,925 Cr.