Discovering stocks that can give you massive profits in a short time feels like hitting the jackpot. Although the stock market is unpredictable, there are times when you strike gold.
In this article, we’ll talk about five extraordinary stocks that defied the odds and gave investors an incredible 500% return in only one year.
5 Stocks With More Than 500% Returns in Last 1 Year
Every stock investor wants to find stocks that can give us big returns. In this article, we’ll look at five stocks that not only gave huge returns but did it in just one year.
1. Sheetal Diamonds Ltd
The first stock is a Diamond company that did something remarkable. We’ll find out what they did and if it can continue.
Income Statement: Over the last 5 years, revenue has grown at a yearly rate of -29.5%, vs industry avg of 11.74%. Over the last 5 years, market share decreased from 0.01% to 0%.
You can check this stock and analyse the technical and fundamental reasons to for its growth and plan for further opportunities in it.
2. Shah Foods Ltd
The second stock is named Shah Foods Ltd. which is a company that works in the food processing business.
They make and deliver biscuits. The company started on March 18, 1982, and its main office is in Ahmedabad, Gujrat, India.
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The Stock is currently trading at CMP 161. The market capitalization of this stock is 98.319M Inr. As per the chart structure the stock is still in bullish mode but you need to research and analyse the fundamental aspects of this stock to consider the investment.
3. Lorenzini Apparels Ltd
The third share with more than 500% returns in an year is Lorenzini Apparels Limited which is a company that makes, designs, and sells ready-to-wear clothes.
The comapny sell these clothes under two brand names: Monteil & Munero and Monteil and Calgari. The stock price is above the 200 days Moving average as on 01 September 2023.
4. Indergiri Finance Ltd
Indergiri Finance Ltd. is a company that works as a non-banking finance company. They provide financial and investment services.
They do things like leasing, hire purchase, lending money, and making investments. They also do merchant banking, help arrange financing, and work on financial projects with multiple parties.
The company started on January 27, 1995, and its main office is in Mumbai, India.
5. Classic Filaments Ltd
The fifth stock that made investors money 5 times is Classic Filaments Ltd. It is a company that sells textiles in large quantities. They started their business on April 24, 1990, and their main office is in Surat, India.
Note: Please note that these stock prices are updated as on 01 September 2023. You can check updated prices on realtime charts at Tradingview.
Important Things to Consider before Investing in these Stocks
As an aware investor and trader I would like to write down some important points that you need to be careful about before taking your step to buy any stock:
Risks and Rewards
Investing in high-return stocks comes with risks. Be Aware to analyse the risk involved in your investment and invest accordingly.
Reason to Buy
If you want to find stocks like these, you need a plan. We’ll give you some tips on how to approach high-growth stocks.
Timing Matters
Timing is crucial in investing. You should have the knowledge of technical analysis of charts to decide the best time, price and level to enter a stock.
Conclusion
The stock market is unpredictable, but these five stocks prove that incredible gains are possible in a short time. Be cautious, do your research, and diversify your investments.
In the last two years, there has been a huge growth of participants in the Indian Share Market. Every Beginner investor or trader starts with Stocks and then gradually learns How to start Trading in the Stock market. You can check out more guides related to trading and investing from here.
