​These 8 stocks with over 10% profit margin deliver multibagger returns in 1 year

ET Markets analysis reveals that approximately 154 stocks listed on the BSE universe, with a market cap of over Rs 500 crore, have consistently maintained a profit margin of over 10% throughout the four quarters of FY23. Out of these stocks, eight have achieved extraordinary share price growth of over 100% in the last one year.

The profit margin is one of the commonly used profitability ratios to measure if a business activity is making money. A company's ability to maintain a healthy level of profitability is generally seen as a positive indication, as it suggests that the company consistently generates a significant portion of its revenue as profit while operating efficiently. However, it's crucial to consider that profit margins can vary across industries and types of businesses.