Multibagger Stock: Network People Services Delivers 16,270% Return
Multibagger Stock Gains 16,270% in 3 Years

The Indian stock market is a powerful engine for wealth creation, but its rewards are reserved for those who make astute choices. While unwise investments can lead to losses, picking the right stock can deliver life-changing returns. One such stellar example is the digital banking solutions provider, Network People Services Technologies Ltd., whose shares have generated phenomenal multibagger returns for its loyal shareholders.

A Meteoric Rise in Share Price

The company's stock embarked on a remarkable, almost uninterrupted upward journey starting in January 2022. This bull run continued powerfully until August 2024, culminating in a staggering gain of 16,270%. During this impressive phase, the share price scaled a fresh all-time high of ₹3,577 per share.

An analysis of the monthly performance reveals consistent strength. The stock closed in positive territory for 26 months during this rally. December 2022 stood out with a massive monthly gain of 90.4%, closely followed by July 2024, which saw a surge of 65.3%.

Annual Performance and Recent Correction

Looking at the annual calendar performance, the stock delivered multibagger returns in three out of the last four years. The standout year was 2023, with an extraordinary surge of 1,012%. This was complemented by strong gains of 226% in 2024 and 201% in 2022.

Overall, the share price ascended from around ₹21.85 to ₹1,400 per share over this period. However, investors also witnessed a significant correction in 2025, where the stock finished the year with a steep decline of 47%, marking its biggest annual drop since listing.

Massive Wealth Creation for Investors

The long-term rally has had a profound impact on investor wealth. The company's market capitalization swelled significantly, now standing at a robust ₹2,917 crore. The wealth effect is best illustrated by a simple investment scenario.

An investor who allocated ₹1 lakh to this stock four years ago and held on patiently would now be sitting on a staggering ₹64.5 lakh. This incredible transformation underscores the immense potential of equity markets when investors identify and stay invested in quality companies.

The benefits of this growth story have been widely shared, particularly among retail investors. Data from the Bombay Stock Exchange (BSE) for the quarter ending September shows that retail investors collectively own a 29.7% stake in the company.

Further breaking this down, nearly 26 lakh individual investors, each with a capital of up to ₹2 lakh, hold a combined 12.62% ownership. This highlights the strong participation of common shareholders in the company's success narrative.

Disclaimer: This article is for informational purposes only. Investors are strongly advised to consult with certified financial experts and conduct their own research before making any investment decisions.