The return is the total income an investor receives from his or her investment each year, and it is typically stated as a percentage of the initial investment value. When dividends are paid out, the investor often receives a return on his or her investment in stocks or an investment portfolio.
Here are the 2 stocks that gave a return of 118 percent in January.
Integra Essentia Ltd
Integra Essentia Ltd works in the Life Essentials area, which comprises food (agro products), clothing (textiles and garments), infrastructure (materials and services for construction and infrastructure development), and energy (materials, products, and services).
With a market capitalization of Rs 702.00 crore, the shares were trading at Rs 7.68 per share, decreasing around 1.92 percent as compared to the previous closing price of Rs 7.83 apiece. The stock gave a return of 104 percent in January.
Integra Essentia Ltd’s revenue increased 17 percent from Rs. 57.13 crores in Q2FY23 to Rs 66.90 crores in Q2FY24. Further, During the same time frame, Net Profit increased by 267 percent from Rs 2.05 crores to Rs 7.54 crores.
Motisons Jewellers Ltd
Motisons Jewellers Ltd sells gold, diamond, and kundan jewelry, as well as other jewellery items. The firm offers pearls, silver, platinum, and other metals.
With a market capitalization of Rs 2,227.83 crore, the shares were trading at Rs 226.30 per share, decreasing around 1.41 percent as compared to the previous closing price of Rs 229.54 apiece. The stock gave a return of 118 percent in January.
Motisons Jewellers Ltd’s revenue increased 16 percent from Rs. 314 crores in FY2021-22 to Rs 366 crores in FY2022-23. Further, During the same time frame, Net Profit increased by 46 percent from Rs 15 crores to Rs 22 crores.
Written by:- Abhishek Singh
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