These 4 chip stocks filled the bag, got multi-bagger returns in just one year

New Delhi. The demand for semiconductor chips is increasing worldwide, including in India. India is also trying its best to be self-reliant in this matter. As a result, the country is now emerging as a global electronics supply hub. Domestic companies associated with the semiconductor sector have benefited from all this. In the past one year, shares of 4 companies in the chip sector have given multi-bagger returns. Among the companies that have returned more than 100 percent are Moschip Technologies, ASM Technologies, SPL Semiconductor and RIR Power Electronics.

Market experts say that the ecosystem of the semiconductor sector is just beginning to form. There are vast growth opportunities for investors and companies. But, since the complete ecosystem is yet to be formed, investors should keep an eye on key developments around the world before investing in chip companies.

Also Read- Last year too invested a lot of money, this year too has given bumper returns so far, those who own these 4 shares have hit the jackpot.

RIR Power Electronics gave 340% profit.
Semiconductor sector company RIR (RIR Power Electronics Ltd) has given strong returns to investors in the past one year. This stock has given investors a huge return of 340% in one year. Even in the year 2024, this share has doubled the money of the investors and so far its value has increased by 103%. Today i.e. Thursday the stock is also seeing gains and at 9:35 am it was trading at Rs 1,735 up 1.55% on BSE.

A great addition to SPEL Semiconductor
The share price of SPEL Semiconductor Limited has increased by nearly 210% in the last one year. The chip share closed at Rs 126.70 on BSE on Wednesday. In five years, this multi-bagger stock has given investors a return of 2162%. The share price has increased by 60% so far in the year 2024.

ASM Technologies Share
ASM Technologies has also delivered huge returns to investors over the past 12 months. The chip share has given a 103% return over the period. The stock has gained 108% so far in the year 2024. Shares of ASM Technologies are trading at Rs 985.05 on the BSE today, down nearly four percent.

Moschip Technologies Share
Among the chip stocks with multi-bagger returns in a year is Moschip Technologies. This multi-bagger share has given 119% profit in one year. Today the stock is still trading in the green at Rs 133.95 on BSE. So far in the year 2024, this chip stock has given a return of 33.62%.

(Disclaimer: The information given here is based on share performance. As investing in stock market is subject to market risk, please consult a certified investment advisor before investing. News 18 Hindi becomes liable for any damages you incur.)

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