Investors get richer by Rs 1,76,187 crore in 6 months through just 3 PSU stocks! Here is the math
Top 3 PSU Stocks in 6 Months: Just in the last one year, 35 of them have turned multibaggers and 18 of them have grown by more than 150 per cent. Even one year is quite a long period for some stocks. PSU stocks such as Mazagon Dock Shipbuilders, RVNL, and Cochin Shipyard have turned multibaggers in just three months (Data as per Value Research).
Multibagger PSU Stocks With Highest Returns in 6 Months: Public Sector Undertaking (PSU) stocks have been on Cloud Nine for more than two years. Just in the last one year, 35 of them have turned multibaggers and 18 of them have grown by more than 150 per cent. Even one year is quite a long period for some stocks. PSU stocks such as Mazagon Dock Shipbuilders, RVNL, and Cochin Shipyard have turned multibaggers in just three months (Data as per Value Research). In the six-month period, Cochin Shipyard has skyrocketed by 205 per cent, Mazagon Dock is up by 137 per cent, while RVNL has soared by 107 per cent. Know how the three PSU stocks have grown in the last six months and how much money investors have made through these three PSU stocks in the same duration.
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Cochin Shipyard
The large-cap company's stock has risen by 205 per cent in the six-month time frame.
In the same period, the company's market capitalisation saw a jump of Rs 47,809.20 crore (as of July 29, 2024).
Cochin Shipyard
The company has a market value of Rs 70,898.95 crore.
Cochin Shipyard's stock closed trading on Monday at Rs 2,589.95.
Mazagon Dock
The company, which is into building and maintaining ships for Indian defence forces and private players, has delivered 137 per cent returns in six months.
It has made richer its shareholders by Rs 62,601.5 crore.
Mazagon Dock
The large-cap firm's market value is Rs 1,09,991.64 crore.
Mazagon Dock's stock closed trading on Monday at Rs 5341.75.
RVNL
The company that takes contracts for railway construction has given a 107 per cent return in the six-month time frame.
The PSU stock had made richer its stockholders by Rs 65,776.5 crore.
RVNL
The large-cap firm's current market value is Rs 1,28,124.49 crore.
Its stock closed trading on Monday at Rs 606.65.