Synopsis:
The shares of these five companies have doubled their investors’ wealth over just one year.
Over the last year, a number of Indian stocks have really stood out, delivering impressive returns that have caught everyone’s attention. This article shines a light on five companies whose shares have more than doubled the wealth of their investors, with returns ranging from 100% to 220%. From stock exchanges to digital payments and energy sectors, these stocks truly illustrate the potential of smart investments in a thriving market.
1. BSE
BSE Limited provides a platform for trading in equities, currencies, debt, derivatives, mutual funds, and other securities on both domestic and international platforms.
The company also offers services in clearing and settlement, data dissemination, depository, IT, training, and supervision of SEBI-registered investment advisers. BSE has a platform to support small and medium enterprises.
The stock has delivered a strong return of 228 percent over the past year, meaning an investment of Rs 1,00,000 a year ago would have grown to Rs 3,28,000 today.
2. Paytm
One97 Communications Limited, the parent company of Paytm, provides financial and digital payment services in India and internationally. It offers QR code, card machine, and online payment solutions, as well as services such as bill payments, recharges, ticket reservations, loans, insurance, and wealth management. The company also caters to merchants with lending, marketing, and loyalty solutions. It has a market capitalisation of 55,674 crores.
The stock has delivered a strong return of 124 percent over the past year, meaning an investment of Rs 1,00,000 a year ago would have grown to Rs 2,24,000 today.
3. Multi Commodity Exchange of India
The Multi Commodity Exchange of India Limited (MCX) stands out as a premier commodity derivatives exchange in India, facilitating online trading in a variety of commodities such as bullion, metals, energy, and agricultural products.
Additionally, MCX has formed strategic partnerships with global exchanges like CME, LME, Dalian, EEX, and more, fostering knowledge sharing and promoting global integration.
The stock has delivered a strong return of 106 percent over the past year, meaning an investment of Rs 1,00,000 a year ago would have grown to Rs 2,06,000 today.
4. Godfrey Philips India
Godfrey Phillips India Limited is engaged in producing and selling chewing items, cigarettes, and tobacco products in India and overseas. It sells products such as Marlboro, Red and White, and Funda.
The stock has delivered a strong return of 116 percent over the past year, meaning an investment of Rs 1,00,000 a year ago would have grown to Rs 2,16,000 today.
5. Lloyds Metals & Energy
Lloyds Metals and Energy Limited, established in 1977 and having its head office in Mumbai, produces and markets sponge iron products in India. It is engaged in three business segments: Sponge Iron, Power, and Mining. Besides, it generates by-products such as char, fly ash, ESP dust, bed materials, and iron ore fines, and engages in power generation and distribution.
The stock has delivered a strong return of 102 percent over the past year, meaning an investment of Rs 1,00,000 a year ago would have grown to Rs 2,02,000 today.
Written by Satyajeet Mukherjee
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
