Large-cap stocks with up to 426% return in 1 year: PSU multibagger stock at top has turned Rs 1 lakh into Rs 5.26 lakh
IRFC that finances railway projects in India has given a return of 425.71 per cent in the one year. It has a market value of Rs 2,26,411.87 crore, and its share closed at Rs 173.25 on Wednesday, June 20, 2024.
Top large-cap stocks in 1 year: Large-cap companies, according to the Securities Exchange Board of India (Sebi), are those with a market capitalisation of over Rs 20,000 crore. However, most of the leading large-cap companies have a market value of many times that. Large-cap companies are considered financially and fundamentally strong and are able to negate market fluctuation more strongly than mid- and small-cap companies. Though large-cap companies are known more for their stability than for giving huge returns, as many as 36 large-cap companies have turned multibaggers in the last one year (As per Value Research data).
Eight of them have delivered returns of more than 200 per cent in the same period.
Here's a list of them and also the calculation of what Rs 1 lakh investment in each of the stocks has turned into in the last one year.
Indian Railway Finance Corporation (IRFC)
The multibagger large-cap PSU firm that finances railway projects in India has given a return of 425.71 per cent in the one year.
It has a market value of Rs 2,26,411.87 crore, and its share closed at Rs 173.25 on Wednesday, June 20, 2024.
A Rs 1 lakh investment in the stock one year ago has turned into Rs 5,25,710 as of today's date.
Bharat Heavy Electricals Ltd (BHEL)
BHEL has given a 242.42 per cent return in the one-year period.
The PSU company, which is into design, construction, manufacturing, and testing for the core sectors of the economy, has a market value of Rs 1,03,417.28 crore, while its stock closed trading on Wednesday at Rs 297.00.
A Rs 1 lakh investment in the BHEL stock has become Rs 3,42,420 in the one year.
REC Ltd
Another PSU in the list has given 237.88 per cent return in the one-year period.
REC is engaged in financing projects/schemes of power generation (both conventional and renewable), transmission, distribution, and rural electrification in both the public and private sectors.
It has a market value of Rs 1,35,755.86 crore, while its stock closed trading at Rs 515.55 on Wednesday.
A Rs 1 lakh investment in the REC stock has turned into Rs 3,37,880 as of today's date.
Mazagon Dock
The defence PSU company has given a 234.24 per cent return in the one year.
The company, under the Ministry of Defence, primarily constructs warships and submarines.
It has a market value of Rs 80,035.63 crore, while its stock price is Rs 3,968.25.
A Rs 1 lakh investment in the defence PSU stock has turned into Rs 3,34,240 as of today's date.
Prestige Estates
The company that is into real estate development has given a 224.74 per cent return in the one year.
It has a market value of Rs 74,848.89 crore, while its stock closed trading at Rs 1,867.20 on Wednesday.
A Rs 1 lakh investment in the real estate stock has turned into Rs 3,24,740 as of today's date.
Rail Vikas Nigam Limited (RVNL)
The railway PSU is the construction arm of the Ministry of Railways for its project implementation and transportation infrastructure development.
The firm has given a 218.19 per cent return in the one-year period.
It has a market value of Rs 81,472.16 crore, while its stock closed trading at Rs 390.75 on Wednesday.
A Rs 1 lakh investment in the stock has turned into Rs 3,18,190 as of today's date.
Power Finance Corporation Ltd (PFC)
The PSU has given a return of 216.62 per cent in the one year.
The firm that finances power sector projects in India has a market value of Rs 1,64,724.58 crore, while its stock closed trading on Wednesday at Rs 499.15.
A Rs 1 lakh investment in the PFC stock has turned into Rs 3,18,190.
Trent
The Tata group subsidiary, which is a large operator of retail chains in India, has given a 212.49 per cent return in the one-year period.
It has a market value of Rs 1,90,390.20 crore, while its stock closed trading at Rs 5,355.75 on Wednesday.
A Rs 1 lakh investment in the Tata group firm has now swelled to Rs 3,12,490 in the one-year period.
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