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The domestic market has regained some level over the last 3 weeks, but it is still in a significant correction period. The BSE Sensex was last seen falling by 10.40% from its all-time high of 62245.43 at 55,769.23 level, with a downside gap of 0.088 per cent, while the NSE Nifty was last seen moving at 16,584.30 level, which is 10.85 per cent away from its all-time high but above 7.33 per cent from its 52-week low. Despite the fact that foreign institutional investors (FIIs) were big sellers from the domestic market to the amount of over 6,600 crore, the market is projected to maintain its rise despite volatility but the upcoming monetary policy meeting, and any global outcome may put the market on a negative trend. Despite the market's weakness and significant sell-offs, here are three NSE-listed multibagger stocks to keep an eye on next week that has recently set new 52-week highs.

Meghmani Finechem

The shares of Meghmani Finechem closed Friday's trading session at a market price of 1,427.00, down 1.29 per cent from their previous closing of 1,445.65. On the other hand, on 03-June-22, the stock managed to hit an intraday high of 1,557.90, setting a new 52-week high. The previous high for the stock was 1,526.00, which occurred on April 26, 2022. On 18-AUG-21, the stock hit a 52-week low of 387.10 and based on the last traded price of 1,427, it is trading 8.40 per cent below its 52-week high and 268 per cent above its 52-week low. The stock has risen from 405.65 on August 18, 2021 to the current level, representing a multibagger return of 250.60 per cent in 1 year. Year-to-date (YTD), the stock has increased by 82.13 percent in 2022, and Meghmani Finechem is now trading above the 5 day, 20 day, 50 day, 100 day, and 200-day moving averages. With a market capitalization of 5,927.34 crore, the company has a P/E of 23.45, a P/B of 8.16, and an ROE of 34.82.

Mirza International

The stock closed at a market price of 241.80 on Friday, up 0.77 per cent from its previous closing of 239.95. On Friday, the stock achieved a new 52-week and all-time high of Rs.249.05, outperforming the sector by 0.92 per cent. The stock's last 52-week high was 243.40, which was set on 02-Jun-2022. The stock is now trading 3.08 per cent below its 52-week high and 359 per cent above its 52-week low, according to the last traded price. On the NSE, the stock has risen from 56.75 on June 7, 2021 to 241.80 last traded, resulting in a multibagger return of 326.08 per cent in a year. On a year-to-date (YTD) basis, the stock has gained 127.20 since the 3rd of January 2022, for a total return of about 90.09 per cent so far in 2022. The stock has risen from 101.70 to the present level in the previous six months, resulting in a multibagger return of 137.76 percent. Mirza International's shares are now trading above their 5 days, 20 day, 50 days, 100 day, and 200-day moving averages.

TD Power Systems

The stock closed at 475.45 on Friday, down 5.00 per cent from its previous closing of 500.45. The stock hit a new 52-week high of 518.65 on 03-June-22, whereas the previous 52-week high was 504.00 on 02-June-2022. The stock hit a 52-week low of 176.05 on August 21st and is now trading at 8.32 per cent below its 52-week high and 170 per cent above its 52-week low. The shares of TD Power Systems have risen from 205.15 on June 7, 2021 to the current level, representing a multibagger return of 131.76 per cent. So far in 2022, the stock has gained 9.58 per cent year-to-date (YTD). TD Power Systems is currently trading higher above the 5 days, 20 day, 50 days, 100 day, and 200-day moving averages since the stock fell on Friday following 5 days of straight gains. With a market capitalization of 1,478 crore, the firm has a P/E of 20.94 and a P/B of 2.81, a book value per share of 169.49, and an ROE of 10.41.

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