#Multibagger

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Midcap multibagger stock tumbles 13% as Q3 net profit drops 33% to Rs 72 crore Up to 527% gain! 29 SME IPOs that delivered multibagger returns to investors in a rough year

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Midcap multibagger stock tumbles 13% as Q3 net profit drops 33% to Rs 72 crore

Business

Economic Times•Jan 9

Midcap multibagger stock tumbles 13% as Q3 net profit drops 33% to Rs 72 crore

Elecon Engineering Company's shares plunged 13.2% after reporting a 33% drop in Q3 FY26 net profit to Rs 72 crore, despite a marginal 4.3% revenue increase. The company cited order inflow delays and increased employee costs impacting EBITDA margins. However, management expressed confidence in future recovery due to healthy open orders and steady demand from key domestic and overseas industries.

Up to 527% gain! 29 SME IPOs that delivered multibagger returns to investors in a rough year

Business

Economic Times•Dec 28

Up to 527% gain! 29 SME IPOs that delivered multibagger returns to investors in a rough year

Despite a sharp slowdown in SME IPO performance in 2025, a select group of fundamentally strong stocks delivered multibagger returns, underscoring the growing importance of quality and disciplined stock selection.