Stocks Which Gave More Than 100% Returns – complete analysis, Everyone wants to place their bet on a winning horse. However it is unpredictable, so is share market. But, there is always systematic analysis and fundamental research which proves to be guide. These tools allow us to analyse the historic performance as well as estimate future trends. Lets have a look at some of such stocks which gave 100% returns in the past. Now check more details about “Stocks Which Gave More Than 100% Returns” From below….
Stocks Which Gave More Than 100% Returns – Analysis
Manappuram finance Ltd
If somebody has invested in mid 2013 at almost around Rs 10, now they are earning value appreciation of Rs 40.This is almost 400% capital appreciation. This is a long term stock , which has reported 87% YOY (year on year) growth in its consolidated net profit for quarter 4 of year 2016.
This graph clearly shows the growth of the stock altogether 3 years.This is a textile company which has lower beta and has progressive growth estimate due to better prospects of textile retail sector.This stock has resulted in more than 100% returns , even if somebody held it for 2 years also. The price in beginning of year 2014 was around Rs 145 and now the stock has gained almost 102% , by trading at Rs 301.
Garware Wall Ropes Ltd
The stock has practically gone from Rs 143 in year 2014 to Rs 354 trading currently.It has almost appreciated to 145% within 3 years.It is again a technical textile stock.As per sources , it has been expecting Rs 1000 crores revenue by next year 2017.The company produces farmer friendly and aquaculture products which are mainly exported to US , Canada and Europe.
Balaji Amines Ltd
This is again an underrated stock which has gone from Rs 70 in year 2015 to Rs 200 current market price. This has resulted in almost 180% value appreciation within an year. This company is leading manufacturer of aliphatic amines like methylamines , Ethylamines etc.This sector has strong entry barriers and hence has no active threat from competitors. Considering the good reputation and Research and development base of the company , this could be a best buy.
Yes bank Ltd
Yes bank has been the most descent banking stock which has yielded almost around 175% within 2 years. This bank is expanding its root level client base by opening new branches so as to keep local banks at bay. This stock also looks promising on the basis of bottomline figures.
Torrent pharmaceuticals Ltd
This is pharma sector stock which has rose from Rs 460 in year 2014 to Rs 1380 in year 2016.This indicates value appreciation of almost 200% within 2 years.Torrent Pharmaceuticals has received establishment approval from USFDA for its third plant.This plant is basically planned to cater needs of US , Brazil , Germany etc.The approval can be seen as a start to a big leap in the context of exports.
Although these all stocks discussed in the article have rendered on or above 1005 within a short term, the interpretations are based on historic performance.One has to put own research and study to analyze and devise individual entry and exit points from the stock market.