2X returns! Stocks from apparel, construction, & financial services sectors have jumped over 100% in month
The list includes an adhesive company as well. Its scrip has given 111.3 per cent returns in one month.
As many as 26 companies have given more than 100 per cent returns in the last one month. The stocks belong to sectors such as financial services, apparel, to construction industries and the list is worth a look. There is no certainty in stock markets and a lot of factors, both internal and external, play a pivotal role in affecting a company's stock price. Still, one can build their wealth and fulfil their investment goals, by investing in equities, following discipline and intensive research and study.
That said, here's a list of five stocks that have risen over 100 per cent in the last 30 days. Take a look - *
Cityman Ltd
The company is a part of the textile, apparel & accessories sector. Its scrip has risen 152 per cent in the last 30 days, Trendlyne data show. The stock hit an all-time of Rs 47.72 on Friday (April 28, 2023). The company's quarterly net profit rose 5,743.7 per cent YoY to Rs 3.3 crore. Its sector's average net profit growth YoY for the quarter was -73 per cent, notes Trendlyne.
Srivasavi Adhesive Tapes
The adhesive company stock has given 111.3 per cent returns in one month. The scrip, which launched its IPO in February this year, is listed on the SME board on the NSE. It is one of the notable names in manufacturing, trading and exporting of a supreme quality range of Adhesive Tapes & Foams. Its product range includes masking tapes, double-sided adhesive tapes, speciality tapes, and die-cut tapes, among others. The company was established in 2010.
Pulsar International
Pulsar International has seen a meteoric rise. The stock had hit a 52-week low of Rs 2.07 on the BSE on May 5, 2022, and as of Friday's close, the stock price stands at Rs 108.34 (up 5,134 per cent). In one month, the scrip has given over 152.3 per cent returns. The company belongs to Commodity Trading & Distribution industry.
Maagh Advertising and Marketing Services
The stock has given 106.3 per cent returns in the last 30 days. The company belongs to Advertising & Media Agencies industry. Miniboss Consultancy is the promoter of the company. The company says it creates and executes advertising campaigns across various media that help businesses and brands grow. Maagh Advertising and Marketing Services offers designing, media, and printing services.
ALSO READ | This dairy stock has more than doubled investors' money in a year; worth a look?
Ranjeet Mechatronics Ltd.
The scrip has jumped 103 per cent over the last 30 days. The company belongs to Construction & Engineering industry. Rakesh Vallabhbhai Swadia is the promoter of the company, as per Trendlyne.com.
* All the data have been fetched from Trendlyne.com
Disclaimer: The above stock list is not a recommendation at all. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.
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