Multibagger Stock: Shares of this company jumped more than 5% as soon as the market opened, investors are getting bumper returns – multibagger stock is on a tear today, jumping over 5% in morning trade!

Now the question arises that what is a multibagger stock? So, a multibagger stock is an equity stock which generates returns of more than 100%. The term, used by Peter Lynch in his 1988 book “One Up on Wall Street”, was inspired by baseball. where a player’s progress is measured by the number of “bags” or “bases” they reach. Just as a successful game in baseball advances multiple bases, a multibagger stock is a symbol of growth and substantial returns in the world of investing.

Now let’s talk about MIRC Electronics Limited and how it fits into the definition of a multibagger. Before looking at this we need to see the returns generated by it. The stock has gained more than 78% in last one year on the back of strong buying activities. Moreover, the stock has given exceptional multibagger returns of over 216% in three years. This small-cap consumer electronics multibagger stock has promising potential for future success. This small-cap consumer electronics multibagger stock has promising potential for future success.

This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.

(Disclaimer: This above is third party content and TIL hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not guarantee, vouch for or endorse any of the above content or its accuracy nor is responsible for it in The content does not constitute any investment advice or solicitation of any kind. Users are advised to check with certified experts before taking any investment decision and take all steps necessary to ascertain that any information and content provided is correct, updated and verified. .)