Top 7 Large-cap Stocks: No. 1 stock has turned Rs 1 lakh investment into over 5X in just 1 year
As per the Sebi categorisation, large-cap companies are those with over Rs 20,000 crore in market value. These companies are fundamentally strong and can stay firm through market fluctuations. Even though large-cap stocks give a lesser return than mid- and small-cap stocks. Many of them have become multibaggers in the last one year.
Top 7 Large-cap Stocks: People enter the share market to make money. Most of them see the market as a means to make quick bucks. But some know the importance of the right selection of stocks and patience in the market. For them stability and steady returns are more important than picking the wrong stocks and selling them in haste when the market falls. A lot of investors who prefer stability to quick rises pick large-cap stocks. As per the Sebi categorisation, large-cap companies are those with over Rs 20,000 crore in market value. These companies are fundamentally strong and can stay firm through market fluctuations. Even though large-cap stocks give a lesser return than mid- and small-cap stocks. Many of them have become multibaggers in the last one year. As many as 48 large-cap stocks have given over 100 per cent return in the last one year (As per Value Research data). Here is a list of seven such top stocks. The list also has the return value on an investment of Rs 1 lakh in each of the stocks.
IRFC's 1-year return
The company that provides financial assistance to railway projects across India has given a 435.30 per cent return in the one year. The large-cap firm has a market value of Rs 2,26,346.52 crore. The stock's price-to-earnings (PE) ratio is 35.59. Its stock closed trading on BSE on Thursday at Rs 173.20. A Rs 100,000 investment in the stock a year ago has turned into Rs 5,35,300.
Suzlon Energy's 1-year return
The stock of the stock of the renewable energy firm has skyrocketed by 280.57 per cent in the one-year period. The firm has a market value of Rs 72,566.13 crore. While its PE ratio is 109.51, its stock closed trading on Thursday at Rs 53.26. A Rs 1 lakh investment in the stock has given a total of Rs 3,80,570.
BHEL's 1-year return
The PSU that manufactures and repairs industrial machinery has given a 254.36 per cent return to its shareholders in the one year. The firm has a market value of Rs 1,03,486.92 crore. It has a PE ratio of -390.90. Its shares closed trading on Thursday at Rs 297.20 each. A Rs 1 lakh investment in the stock has turned into Rs 3,54,360 in the one-year period.
Mazagon Dock's 1-year return
The large-cap firm builds and repairs ships for the Indian Navy and the private sector. It has given a 251.31 per cent return in the one-year period. The firm has a PE ratio of 44.60. Its stock closed the trading session on Thursday at Rs 4,415.20. A Rs 1 lakh investment in the stock has swelled to Rs 3,51,310 in the one-year period.
REC Ltd's 1-year return
The PSU firm that is into the electrification and transmission of electricity has given a 235.90 per cent return in the one year. The company has a market value of Rs 1,37,928.27 crore. Its PE ratio is 9.68, and its stock ended the trading session on Thursday at Rs 523.80. A Rs 1 lakh investment in the stock has turned into Rs 3,35,900 in the one year.
RVNL's 1-year return
The PSU railway firm finances and builds rail infrastructure in the country. It has given a 235.73 per cent return in the one year. The large-cap firm has a market value of Rs 86,298.98 crore. While its PE ratio is 58.30, its stock closed the trading session on Thursday at Rs 413.90. A Rs 1 lakh investment in the stock a year ago has turned into Rs 3,35,730 in the one year.
Prestige Estates' 1-year return
The real estate development company has given a 220.76 per cent return in the one-year period. The firm has a market value of Rs 74,339.79 crore. Its PE ratio is 314.27. The real estate stock closed the trading session on Thursday at Rs 1,854.50.