These 4 chip stocks filled the pockets, got multibagger returns in just one year

New Delhi. The demand for semiconductor chips is increasing all over the world including India. India is also making every effort to become self-reliant in this matter. As a result, the country is now emerging as a global supply hub for electronics. All this has benefited domestic companies related to the semiconductor sector. In the last one year, the shares of 4 companies of the chip sector have given multibagger returns. The companies that have given more than 100 percent return include Moschip Technologies, ASM Technologies, SPL Semiconductor and RIR Power Electronics.

Market experts say that the ecosystem of the semiconductor sector has just started to form. There are ample opportunities for growth for investors and companies. But, since the entire ecosystem is not yet formed, investors must keep an eye on major developments around the world before investing in chip companies.

Also read- Last year it rained a lot of money, this year too it has given bumper returns so far, those who have these 4 shares, they have hit the jackpot

RIR Power Electronics gave 340 percent return
Semiconductor sector company RIR (RIR Power Electronics Ltd) has given huge profits to investors in the last one year. In one year, this stock has given a huge return of 340 percent to the investors. Even in the year 2024, this stock has doubled the money of the investors and till now its price has jumped by 103 percent. Today i.e. on Thursday also, this stock is seeing a rise and at 9:35 am it was trading at Rs 1,735 on BSE with a gain of 1.55 percent.

Strong rise in SPEL Semiconductor
The share price of SPEL Semiconductor Limited has jumped by about 210 percent in the last one year. On Wednesday, this chip stock closed at Rs 126.70 on BSE. In five years, this multibagger stock has given investors a return of 2162 percent. So far in the year 2024, the price of this stock has jumped by 60 percent.

ASM Technologies Shares
ASM Technologies has also given a lot of profit to the investors in 12 months. This chip stock has given a return of 103 percent in this period. So far in the year 2024, this stock has jumped 108 percent. ASM Technologies stock is trading at Rs 985.05 on BSE today, down by about four percent.

Moschip Technologies Share
The name of Moschip Technologies share is also included in the chip stocks that have given multibagger returns in a year. This multibagger stock has given 119 percent return in a year. Even today this stock is trading in the green mark at Rs 133.95 on BSE. So far in the year 2024, this chip stock has given a return of 33.62 percent.

(Disclaimer: The information given here is based on the performance of the stock. Since investing in the stock market is subject to market risk, please consult a certified investment advisor before investing. AyraNews24x7 Hindi will not be responsible for any loss you may incur.)

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