Mindblowing returns: These four stocks have jumped over 250% in a year

Introduction: 

Over the past one year, the equity market has given stellar returns to Indian investors. In FY23, BSE Sensex and BSE 100 indices both increased by 18.74% and 21.49%, respectively. BSE 150 Mid Cap and BSE 250 Small Cap segments have increased by 40.82% and 45.75%, respectively.

Company Table 

In the past year, from January 11, 2023, to January 11, 2024, four companies have delivered remarkable returns, each exceeding 250%. The list of these high-performing companies is as follows. If one were to divide an initial investment of one lakh equally among these four companies, the current value would stand at Rs 3.93 lakhs, showcasing an outstanding return of 293%.

About the company details

Suzlon Energy

Suzlon Energy is a leader in wind energy in India, which is the world’s fifth-largest wind energy market. The company, which was established in 1995, now has a global presence. Its business model has a range of services that include development, manufacturing, marketing, EPC project delivery & operations and maintenance of wind turbine generators around the world.

Jindal Saw 

Jindal Saw Limited the flagship company of PR Jindal group, is a leading global manufacturer and supplier of Iron & Steel pipes and pellets.

JBM Auto 

Incorporated in 1983, JBM Auto Ltd is in automotive business that manufactures and sells sheet metal components, tools dies & moulds, and buses including the sale of spare parts, accessories and maintenance contract for Buses.

Jupiter Wagons 

Commercial Engineers & Body Builders Company Ltd (CEBBCO) is primarily involved in the business of manufacturing vehicle bodies for commercial vehicles, refurbishment of wagons and manufacture of components for wagons, coaches and locomotives for the Indian Railways.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.