Investing in the stock market offers a multitude of opportunities for individuals seeking to grow their wealth. Among the various investment options available, stocks that can give high returns stand out as an enticing prospect for investors. In this article, let’s look at various high-return stocks in India based on multiple factors.
Table of Contents
Best stocks with high returns – 2023
Large-cap stocks with high returns
| Stock Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio (%) | 5Y Avg Return on Investment (%) |
| Britannia Industries Ltd | FMCG – Foods | 1,21,746.88 | 5,031.85 | 52.44 | 29.31 |
| LTIMindtree Ltd | IT Services & Consulting | 1,51,325.14 | 4,997.75 | 34.33 | 27.26 |
| Infosys Ltd | IT Services & Consulting | 5,50,439.45 | 1,329.15 | 22.84 | 25.55 |
| Hindustan Zinc Ltd | Mining – Diversified | 1,43,914.37 | 327.85 | 13.69 | 22.72 |
| Hero MotoCorp Ltd | Two Wheelers | 62,914.15 | 3,123.70 | 22.39 | 22.68 |
| ITC Ltd | FMCG – Tobacco | 5,82,664.66 | 465.85 | 30.36 | 22.42 |
| Asian Paints Ltd | Paints | 3,20,607.37 | 3,343.15 | 78.07 | 21.98 |
| Pidilite Industries Ltd | Diversified Chemicals | 1,32,856.82 | 2,595.85 | 104.34 | 21.30 |
| Bajaj Auto Ltd | Two Wheelers | 1,36,781.59 | 4,897.95 | 22.57 | 20.82 |
| HCL Technologies Ltd | IT Services & Consulting | 3,13,402.27 | 1,124.50 | 21.10 | 20.69 |
Note: The stocks are selected based on the below-mentioned parameters on Tickertape Stock Screener on 10th July 2023.
- Market Cap: Set to Large
- Close Price: Set the lower limit to 20
- 5Y Return on Investment: Set to High – Sorted from highest to lowest
Note that these stocks are in no order of preference. Please note that these stock selection criteria and the stocks are provided for informational purposes only; it is essential to conduct your own research.
Mid-cap stocks with high returns
| Stock Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio (%) | 5Y Avg Return on Investment (%) |
| GlaxoSmithKline Pharmaceuticals Ltd | Pharmaceuticals | 23,724.47 | 1,397.30 | 38.85 | 29.66 |
| CRISIL Ltd | Stock Exchanges & Ratings | 27,953.00 | 3,824.25 | 49.53 | 29.54 |
| Tata Elxsi Ltd | Software Services | 46,966.71 | 7,487.25 | 62.19 | 29.26 |
| Indian Railway Catering and Tourism Corporation Ltd | Online Services | 50,452.00 | 615.90 | 50.16 | 27.77 |
| HDFC Asset Management Company Ltd | Asset Management | 48,093.61 | 2,248.75 | 33.79 | 27.58 |
| Info Edge (India) Ltd | Online Services | 56,828.62 | 4,331.85 | -529.03 | 27.21 |
| Sona BLW Precision Forgings Ltd | Auto Parts | 31,337.30 | 534.30 | 79.27 | 25.68 |
| Oracle Financial Services Software Ltd | Software Services | 32,922.18 | 3,753.10 | 18.23 | 25.41 |
| Abbott India Ltd | Pharmaceuticals | 49,934.58 | 23,470.45 | 52.60 | 24.56 |
| L&T Technology Services Ltd | Software Services | 41,666.39 | 3,918.65 | 35.62 | 24.46 |
Note: The stocks are selected based on the below-mentioned parameters on Tickertape Stock Screener on 10th July 2023.
- Market Cap: Set to Mid
- Close Price: Set the lower limit to 20
- 5Y Return on Investment: Set to High – Sorted from highest to lowest
Note that these stocks are in no order of preference. Please note that these stock selection criteria and the stocks are provided for informational purposes only; it is essential to conduct your own research.
Small-cap stocks with high returns
| Stock Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio (%) | 5Y Avg Return on Investment (%) |
| Sonata Software Ltd | IT Services & Consulting | 13,892.68 | 987.70 | 30.74 | 30.95 |
| Nureca Ltd | Pharmaceuticals | 362.31 | 356.75 | -43.92 | 30.62 |
| Kilpest India Ltd | Fertilisers & Agro Chemicals | 314.78 | 416.25 | 13.89 | 30.48 |
| Easy Trip Planners Ltd | Tour & Travel Services | 7,161.88 | 43.20 | 53.36 | 30.45 |
| Dolat Algotech Ltd | Investment Banking & Brokerage | 775.28 | 44.65 | 6.68 | 29.90 |
| Balu Forge Industries Ltd | Industrial Machinery | 1,473.47 | 182.80 | 37.87 | 29.86 |
| Anand Rathi Wealth Ltd | Asset Management | 3,805.72 | 931.15 | 22.64 | 29.66 |
| Sanofi India Ltd | Pharmaceuticals | 15,921.41 | 6,912.50 | 25.65 | 29.30 |
| IOL Chemicals and Pharmaceuticals Ltd | Commodity Chemicals | 2,204.69 | 371.80 | 15.85 | 28.82 |
| Dhyaani Tile & Marblez Ltd | Trading | 17.02 | 89.60 | -212.80 | 28.50 |
Note: The stocks are selected based on the below-mentioned parameters on Tickertape Stock Screener on 10th July 2023.
- Market Cap: Set to Small
- Close Price: Set the lower limit to 20
- 5Y Return on Investment: Set to High – Sorted from highest to lowest
Note that these stocks are in no order of preference. Please note that these stock selection criteria and the stocks are provided for informational purposes only; it is essential to conduct your own research.
High-return penny stocks in India
| Stock Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio (%) | 5Y Avg Return on Investment (%) |
| Suumaya Industries Ltd | Apparel & Accessories | 58.68 | 9.10 | -0.13 | 27.95 |
| Bansal Multiflex Ltd | Textiles | 1.07 | 1.95 | 0.77 | 25.60 |
| Navoday Enterprises Ltd | Management consulting services | 5.47 | 7.20 | 34.20 | 23.25 |
| Antariksh Industries Ltd | Real Estate | 0.03 | 1.34 | 0.15 | 20.87 |
| Scandent Imaging Ltd | Hospitals & Diagnostic Centres | 37.65 | 6.88 | 7.17 | 18.86 |
| Stanpacks India Ltd | Packaging | 3.54 | 6.09 | -2.13 | 17.92 |
| Jiya Eco-Products Ltd | Renewable Energy | 10.53 | 3.50 | -17.26 | 17.68 |
| S S Infrastructure Development Consultants Ltd | Construction & Engineering | 8.50 | 6.30 | -1.75 | 17.36 |
| CES Ltd | IT Services & Consulting | 1.60 | 0.44 | 0.08 | 16.87 |
| Satra Properties (India) Ltd | Real Estate | 13.38 | 0.72 | -7.23 | 16.06 |
Note: The stocks are selected based on the below-mentioned parameters on Tickertape Stock Screener on 10th July 2023.
- Close Price: Set the upper limit to 10
- 5Y Return on Investment: Set to High – Sorted from highest to lowest
Note that these stocks are in no order of preference. Please note that these stock selection criteria and the stocks are provided for informational purposes only; it is essential to conduct your own research.
High-risk high return stocks in India
| Stock Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio (%) | 5Y Avg Return on Investment (%) | Sharpe Ratio | Beta |
| Sonata Software Ltd | IT Services & Consulting | 13,892.68 | 987.70 | 30.74 | 30.95 | 0.18 | 1.44 |
| Tata Elxsi Ltd | Software Services | 46,966.71 | 7,487.25 | 62.19 | 29.26 | 0.22 | 1.19 |
| Tips Industries Ltd | Movies & TV Serials | 3,376.98 | 270.45 | 44.13 | 27.16 | 0.23 | 1.05 |
| Jyoti Resins and Adhesives Ltd | Commodity Chemicals | 1,681.50 | 1,383.15 | 36.21 | 26.69 | 0.23 | 1.44 |
| Chemcrux Enterprises Ltd | Commodity Chemicals | 467.00 | 313.55 | 32.54 | 25.52 | 0.13 | 1.20 |
| New Delhi Television Ltd | TV Channels & Broadcasters | 1,448.35 | 224.50 | 29.72 | 25.12 | 0.12 | 1.12 |
| Expleo Solutions Ltd | Software Services | 1,582.16 | 1,531.70 | 11.82 | 24.65 | 0.13 | 1.40 |
| Triveni Turbine Ltd | Heavy Electrical Equipments | 12,850.17 | 401.10 | 66.74 | 23.54 | 0.16 | 1.40 |
| Avantel Ltd | Communication & Networking | 1,251.54 | 772.80 | 46.63 | 22.64 | 0.18 | 1.37 |
| High Energy Batteries (India) Ltd | Aerospace & Defense Equipments | 434.43 | 477.80 | 21.21 | 22.62 | 0.16 | 1.13 |
Note: The stocks are selected based on the below-mentioned parameters on Tickertape Stock Screener on 10th July 2023.
- Close Price: Set the lower limit to 20
- 5Y Return on Investment: Set to High – Sorted from highest to lowest
- Sharpe Ratio: Set to High
- Beta: Set to High
Note that these stocks are in no order of preference. Please note that these stock selection criteria and the stocks are provided for informational purposes only; it is essential to conduct your own research.
Sharpe ratio showcases returns earned in excess of the risk-free rate per unit of volatility. At the same time, Beta is a statistical measure of a stock’s volatility that may, in turn, be used to determine how volatile a stock is in comparison to the rest of the market.
To conclude
Whether you are a seasoned investor or just starting your investment journey, understanding the dynamics of high-return stocks can pave the way for financial growth and prosperity. However, it’s important to remember that high-return stocks come with inherent risks, and thorough due diligence is essential to mitigate potential losses. To streamline your process of analysing stocks, Tickertape offers various solutions, including a stock screener with over 200 filters, an option to create your custom filter, pre-built screens, and export data for further analysis. Read this blog to learn more about how to use Tickertape Stock Screener effectively.
As an insatiable reader and learner, I’ve spent the last two years exploring the world of finance. With my creative mind and curious spirit, I love making complex finance topics easy and fun for everyone to understand. Join me on my journey as we navigate the world of finance together!
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