It has been one of the wealth creators in the Indian stock market which has given almost 50 percent annualized return to investors over the last 12 years.
Lets take another example of little known company Mayur Uniquoters which is our 7-Bagger stock. We recommended this stock 2 years back at price of Rs. 56 (adjusted price after 2 bonus issues and stock split in last 2 years, actual recommended price was Rs. 448) and today it’s at Rs. 422 giving absolute returns of 645%. You might be surprised to know that Mayur Uniquoter is a 130-Bagger stock for investors who invested in it 5 years back. Investment of Rs. 1 lakh in Mayur Uniquoters in Jan 2009 is valued at Rs. 1 Crores and 30 lakhs today. Mind boggling, isn't it? It's a fact! Company has posted strong growth YoY and rewarded share holders in big way, Company was trading at Rs. 3 (bonus / split adjusted price) with market cap of merely 13 crores in Jan 2009, today market cap of the company is 1,825 crores and company has paid total dividend of Rs. 9.25 during 2013 which is 3 times of its share price in 2009.
Mayur Uniquoters is still a great value stock considering its consistent performance and leadership position in artificial leather industry and robust demand for its products by esteemed clients from auto and footwear industry.
Below is the performance update of Hidden Gems released in 2014 compared to returns given by small cap index:
We are glad to share with our readers that 3 Hidden Gems out of 9 released in 2014 have already achieved their target price giving returns of more than 100% to our members. Hidden Gems stocks - 2014 average returns as on date is 68% compared to small cap index returns of 28%, hence outperforming small cap index by 40%.
If you have patience and want to add extra power in your portfolio, start investing some portion of your savings in fundamentally strong small companies - Hidden Gems.