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The shares of Alpex Solar delivered 215% returns to its investors so far. The stock was listed on the NSE SME platform on Thursday with a premium of 186%, after which it rallied further to close the day at Rs 345 as against an issue price of Rs 115.

For the typical Indian individual, savings were limited to risk-free avenues, such as bank accounts, FDs, and PPFs.

An analysis of multibagger stocks with a market capitalization of at least Rs 500 crore but less than Rs 10,000 crore reveals 128 names like Rajoo Engineers (up 721%), Piccadily Agro (661%), Cupid (623%), KP Energy (578%), Shilchar Technologies (556%) and Magellanic Cloud (455%) that are above average valuations, shows data from ACE Equity.

When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

Neeraj Gaurh of Axis Securities advises investors to balance market excitement with geopolitical risks. Markets may correct 5-8%, but investors can deploy lump sum investments in good stock ideas when they have valuation comfort, when growth is accelerating, or when RoEs are improving.. Cyclicals are driving earnings growth, and banking underperformance may reverse when liquidity conditions improve.

Other data showed initial jobless claims fell by 8,000 to a seasonally adjusted 212,000 for the week ended Feb. 10, slightly below the 220,000 estimate. U.S. import prices increased by the most in nearly two years in January amid rising costs for petroleum and other goods.

From the Sensex pack, Infosys, Wipro, Tata Motors, UltraTech Cement, and M&M opened with gains, while Power Grid, Sun Pharma, ITC, Axis Bank, and Reliance Industries opened with cuts.

Gujarat State Petronet Ltd. key Products/Revenue Segments include Income From Transportation Services, Electricity, Gas Natural and Other Operating Revenue for the year ending 31-Mar-2023.