Top 7 infra stocks with up to 1800% returns in 3 years: PSU stock has converted Rs 1 lakh investment into Rs 19 lakh; get calculations
Rail Vikas Nigam Ltd (RVNL), Indian Railway Finance Corporation (IRFC), Power Finance Corporation (PFC), and IRB Infrastructure Developers (IRB) are a few of them.
As India's infrastructure development has been moving at a fast pace for last recent years, several stocks from the industry are wooing investors.
(This story will be updated shortly)
Top 7 BSE infrastructure stocks with highest absolute return over 1800% in 3 years
Just in the last 3 years, infra stocks have soared up to 150 per cent.
Top 7 BSE infrastructure stocks with highest absolute return over 1800% in 3 years
Here are the 7 stocks that have topped the chart in terms of returns in 3 years.
RVNL, IRFC, PFC, IRB Infra, and 3 others
Rail Vikas Nigam Ltd (RVNL), Indian Railway Finance Corporation (IRFC), Power Finance Corporation (PFC), and IRB Infrastructure Developers are a few of them.
Rs 1 lakh investment in BSE infra stocks
Do you know what would happen if you invested in the infrastructure index stocks with a value of around Rs 1 lakh? The current value of the amount would leave you shocked.
Top 7 multibagger infra stocks with up to 166% annualised returns in 3 years
Here are the top 7 stocks from the BSE India Infrastructure scrip basket with the highest returns in the last three years:
RVNL stock absolute returns up 1800% in 3 years
Rail Vikas Nigam Ltd (RVNL), a major railway PSU company and the construction arm of the Ministry of Railways, given the highest annualised returns of 165.37 per cent over the last three years.
If you had invested Rs 1 lakh three years ago in the RVNL stock, as of August 14, 2024, the value of your investment would be Rs 19 lakhs, representing absolute return of 1800.86 per cent.
With almost 100 per cent annualised returns in the three-year period, the Adani Power stock comes in second position in the chart.
If you had invested Rs 1 lakh in Adani Power shares, the return value is Rs 8,10,523, indicating 710.52 per cent.
Another major PSU company - Indian Railway Finance Corporation (IRFC)- has given returns of 95.95 per cent annualised in three years. The absolute return is 654.32 in the same time frame.
A Rs 1 lakh investment in the stock made three years ago has turned into Rs 7,54,315 in three years.
Oil India Ltd stock
Oil India Ltd (OIL), a major oil production PSU company's stock has given annualised returns of 81.12 per cent in three years. While the absolute return is 506.88 per cent in the period.
The current value of an investment (3 years ago) of Rs l lakh is Rs 6,06,876 in three years.
REC stock return in 3 years
REC Ltd which comes under the Ministry of Power, has annualised returns of 72.33 per cent in the last three years. A Rs 1 lakh investment in the REC stock has turned into Rs 4,94,993 in the aforesaid period.
PFC
With annualised returns of 67.74 per cent in the last three years, the PFC company stock, turned Rs 1 lakh into Rs 4,58,380 indicating absolute returns of 358.38 per cent in the period.
IRB Infrastructure
An infrastructure company, IRB Infrastructure Developers has annualised returns of 57.31 per cent in last three years. A Rs 1 lakh investment jumps 276.97 per cent (absolute returns) to Rs 3,76,974 in the last three year.