Last Updated on Jun 18, 2024 by Anjali Chourasiya
Investing in the stock market can be a rewarding journey, especially when identifying and investing in high return stocks. The Nifty 500 index, representing the top 500 companies listed on the National Stock Exchange of India, offers a comprehensive view of the market. This article will delve into the highest return stocks in the Nifty 500 over the past year, advantages of investing in high return stocks, risks associated with it, who should invest, how to invest, and more.
Table of Contents
Top 10 Highest Return Stocks in the Last 1 Year – June 2024
| Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio | 1Y Return (%) | 5Y Avg Net Profit Margin (%) |
| Jai Balaji Industries Ltd | Iron & Steel | 16,093.92 | 900.85 | 18.30 | 1,009.42 | 1.73 |
| Cochin Shipyard Ltd | Shipbuilding | 50,315.51 | 2,013.00 | 64.24 | 620.34 | 16.84 |
| Indian Railway Finance Corp Ltd | Specialised Finance | 240,460.51 | 188.95 | 37.50 | 494.18 | 26.46 |
| Jupiter Wagons Ltd | Rail | 21,653.66 | 647.20 | 65.31 | 408.21 | 4.86 |
| Anand Rathi Wealth Ltd | Asset Management | 17,022.03 | 4,092.85 | 75.66 | 381.31 | 24.80 |
| BSE Ltd | Stock Exchanges & Ratings | 36,959.10 | 2,707.90 | 47.48 | 369.55 | 25.01 |
| Housing and Urban Development Corporation Ltd | Specialised Finance | 51,789.15 | 287.10 | 24.47 | 364.56 | 23.88 |
| Inox Wind Ltd | Heavy Electrical Equipments | 5,378.15 | 153.35 | -133.06 | 344.17 | -47.76 |
| Suzlon Energy Ltd | Renewable Energy Equipment & Services | 62,554.81 | 50.00 | 94.73 | 338.60 | -9.16 |
| HBL Power Systems Ltd | Batteries | 14,256.14 | 503.70 | 50.76 | 316.45 | 6.15 |
Note: To churn out a list of the best performing large-cap stocks, we have used the following parameters on Tickertape to filter the stocks, among many others. You can use the Tickertape Stock Screener to filter stocks based on different parameters.
- Stock Universe: Nifty 500
- 1Y Return: Sorted from highest to lowest
The information shown here is dated 3rd June 2024.
🚀 Pro Tip: Utilise Tickertape’s Market Mood Index to gauge market sentiment and make informed investment decisions based on real-time market data and trends.
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- Disclosure for All Weather Investing
- Disclosure for Mi EverGreen
Overview of the Highest Return Share in Last 1 Year
Jai Balaji Industries Ltd
Jai Balaji Industries Ltd, founded in the early 1990s, is a prominent player in the Indian iron and steel sector. The company operates primarily in the manufacturing of steel and allied products, including sponge iron, pig iron, and ferroalloys. Its operations are vertically integrated, encompassing every stage of steel production, from raw materials to finished products. The company has recently expanded its production capacity with the commissioning of a new blast furnace. Jai Balaji Industries is exploring the potential of green steel production, aligning with global trends towards sustainability.
As of 3rd June 2024, Jai Balaji Industries Ltd had a market capitalisation of Rs. 16,093.92 cr. and a closing stock price of Rs. 900.85. The company’s price-to-earnings (PE) ratio stands at 18.30, indicating moderate valuation compared to industry peers. Over the past year, the stock has delivered an astonishing return of 1,009.42%, reflecting strong performance and investor confidence. Despite this significant return, the company has maintained a modest 5-year average net profit margin of 1.73%. Learn more about it here.
Cochin Shipyard Ltd
Cochin Shipyard Ltd, established in 1972, is a premier shipbuilding and maintenance facility in India. The company operates under the administrative control of the Ministry of Ports, Shipping, and Waterways. Cochin Shipyard is renowned for building some of the largest vessels in India and has also ventured into ship repair services. The company has secured a significant contract for the construction of eight anti-submarine warfare shallow watercraft for the Indian Navy. Cochin Shipyard is investing in the development of eco-friendly shipbuilding technologies to enhance sustainability.
As of 3rd June 2024, Cochin Shipyard Ltd had a market capitalisation of Rs. 50,315.51 cr. and a closing stock price of Rs. 2013. The company’s PE ratio is relatively high at 64.24, suggesting high growth expectations from investors. Over the past year, the stock has delivered a return of 620.34%. The company’s 5-year average net profit margin stands at 16.84%. Explore more about the stock’s performance here.
Indian Railway Finance Corporation Ltd
Indian Railway Finance Corporation Ltd (IRFC) was established in 1986 as the dedicated financing arm of the Indian Railways. The company plays a crucial role in raising funds for the expansion and modernisation of the railway infrastructure in India. IRFC has recently raised significant capital through green bonds to finance eco-friendly projects. The company continues to support major railway infrastructure projects, including high-speed rail corridors.
As of 3rd June 2024, IRFC had a market capitalisation of Rs. 2,40,460.51 cr. and a closing stock price of Rs. 188.95. The company’s PE ratio stands at 37.50, indicative of moderate investor expectations. Over the past year, IRFC has delivered a return of 494.18%, highlighting its strong performance. The company boasts a 5-year average net profit margin of 26.46%. Check out the stock’s performance in comparison to its peers here.
Jupiter Wagons Ltd
Jupiter Wagons Ltd is a key player in the Indian rail sector, specialising in the manufacturing of railway wagons and other related components. The company has been operational for several decades and is known for its innovation and quality in the rail transport industry. Jupiter Wagons has secured a large order from the Indian Railways for the supply of new-generation freight wagons. The company is exploring international markets to expand its footprint beyond India.
As of 3rd June 2024, Jupiter Wagons Ltd had a market capitalisation of Rs. 21,653.66 cr. and a closing stock price of Rs. 647.2. The PE ratio for the company is high at 65.31, reflecting optimistic growth expectations. Over the past year, the stock has delivered a return of 408.21%. The 5-year average net profit margin is 4.86%. Learn more about the stock’s events here.
Anand Rathi Wealth Ltd
Anand Rathi Wealth Ltd, part of the Anand Rathi Group, was founded in 2002 and has established itself as a leading wealth management firm in India. The company offers a wide range of financial services, including investment advisory, portfolio management, and financial planning. Anand Rathi Wealth has expanded its digital advisory services, aiming to capture the growing tech-savvy customer base. The company is enhancing its research capabilities to provide better investment solutions to clients.
As of 3rd June 2024, Anand Rathi Wealth Ltd had a market capitalisation of Rs. 17,022.03 cr. and a closing stock price of Rs. 4092.85. The PE ratio is notably high at 75.66, suggesting strong investor confidence in future growth. The stock has delivered a return of 381.31% over the past year. The 5-year average net profit margin is 24.80%. Learn more about it here.
BSE Ltd
BSE Ltd, formerly known as the Bombay Stock Exchange, was founded in 1875, making it the oldest stock exchange in Asia. BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, and mutual funds. BSE Ltd has launched a new platform for trading in electronic gold receipts, promoting transparency and efficiency in gold trading. The company has signed an MoU with a leading fintech firm to enhance blockchain capabilities for trading and settlement processes.
As of 3rd June 2024, BSE Ltd had a market capitalisation of Rs. 36,959.10 cr. and a closing stock price of Rs. 2707.9. The company’s PE ratio is 47.48, indicating high growth expectations. Over the past year, the stock has delivered a return of 369.55%, reflecting strong performance and investor confidence. The 5-year average net profit margin stands at 25.01%, showcasing the company’s consistent profitability. Learn more about the stock’s events here.
Housing and Urban Development Corporation Ltd
Housing and Urban Development Corporation Ltd (HUDCO) was established in 1970 and is a public sector enterprise under the Ministry of Housing and Urban Affairs. The company is involved in providing long-term finance for housing and urban infrastructure projects. HUDCO has approved financing for several new urban development projects across various states in India. The company has partnered with state governments to enhance affordable housing initiatives.
As of 3rd June 2024, HUDCO had a market capitalisation of Rs. 51,789.15 cr. and a closing stock price of Rs. 287.1. The company’s PE ratio is 24.47, reflecting moderate investor expectations. Over the past year, the stock has delivered a return of 364.56%. The 5-year average net profit margin stands at 23.88%, indicating steady profitability and efficient operations. Explore more about the stock’s financial performance here.
Inox Wind Ltd
Inox Wind Ltd, established in 2009, is a leading provider of wind energy solutions in India. The company manufactures wind turbine generators and provides comprehensive turnkey solutions for wind power projects, including site acquisition, infrastructure development, and commissioning. Inox Wind has announced a major restructuring plan aimed at improving operational efficiency and financial performance. The company secured new orders for wind turbine installations from both domestic and international clients.
As of 3rd June 2024, Inox Wind Ltd had a market capitalisation of Rs. 5,378.15 cr. and a closing stock price of Rs. 153.35. The company’s PE ratio is negative at -133.06, indicating an ongoing financial challenges. Over the past year, the stock has delivered a return of 344.17%, suggesting a significant turnaround or investor speculation. The 5-year average net profit margin is -47.76%, reflecting substantial losses. Check out the stock’s performance in comparison to its peers here.
Suzlon Energy Ltd
Suzlon Energy Ltd, founded in 1995, is one of India’s leading renewable energy companies, specialising in wind energy solutions. The company has a global presence with operations in several countries and has installed over 18,000 MW of wind energy capacity worldwide. Suzlon Energy has launched a new series of high-efficiency wind turbines aimed at increasing energy output and reducing costs. The company secured a large order from a major utility company for the installation of wind turbines in a new wind farm project.
As of 3rd June 2024, Suzlon Energy Ltd had a market capitalisation of Rs. 62,554.81 cr. and a closing stock price of Rs. 50. The company’s PE ratio is 94.73, reflecting high growth expectations. Over the past year, the stock has delivered a return of 338.60%. The 5-year average net profit margin is -9.16%, indicating challenges in maintaining profitability. Explore more about the stock’s financial performance here.
HBL Power Systems Ltd
HBL Power Systems Ltd was established in 1977 and is a leading manufacturer of specialised batteries and power electronics in India. The company’s product portfolio includes industrial batteries, aircraft batteries, and renewable energy storage solutions. HBL Power Systems has expanded its production capacity to meet the growing demand for renewable energy storage solutions. The company has entered into a strategic partnership with a global battery manufacturer to enhance its technology and market reach.
As of 3rd June 2024, HBL Power Systems Ltd had a market capitalisation of Rs. 14,256.14 cr. and a closing stock price of Rs. 503.7. The company’s PE ratio is 50.76, indicating high growth expectations. Over the past year, the stock has delivered a return of 316.45%. The 5-year average net profit margin stands at 6.15%, reflecting moderate profitability. Check out the stock’s performance in comparison to its peers here.
Why Invest in High Return Stocks?
High return stocks are appealing because they have the potential to deliver substantial gains over a short period. These stocks typically belong to companies experiencing rapid growth or significant positive changes in their business model, market demand, or financial health. Investing in such stocks can significantly enhance an investor’s portfolio, providing an opportunity to achieve above-average market returns.
Advantages of Investing in High Return Stocks
- Potential for High Gains: High return stocks offer the possibility of substantial capital appreciation, contributing to significant wealth accumulation.
- Portfolio Diversification: Including high return stocks in your portfolio can provide diversification, balancing the risk and return profile.
- Capitalising on Growth Trends: These stocks often represent companies in emerging industries or those adopting innovative technologies, allowing investors to capitalise on market trends and growth opportunities.
Are There Any Risks of Investing in Highest Return Stocks?
While high return stocks can offer substantial rewards, they come with inherent risks:
- Volatility: These stocks can be highly volatile, experiencing significant price fluctuations in short periods.
- Market Sensitivity: High return stocks are often sensitive to market conditions, news, and economic changes, making them more susceptible to sudden downturns.
- Company-Specific Risks: The performance of high return stocks can be closely tied to the specific circumstances of the issuing company, including management decisions, competitive pressures, and financial health.
Who Should Consider Investing in High Return Stocks?
High return stocks are suitable for investors with a higher risk tolerance and a long-term investment horizon. These investors should be comfortable with the potential for significant price volatility and have the patience to hold onto these investments through market ups and downs. They are ideal for those looking to enhance their portfolio’s growth potential and are willing to conduct thorough research and analysis.
Factors to Consider Before Investing in High Return Stocks
- Research and Due Diligence: Conducting thorough research on the company’s financial health, business model, and market position can help in making informed investment decisions.
- Diversification: Ensuring a diversified portfolio helps balance risk and reward, avoiding overexposure to any single stock.
- Investment Horizon: Considering a long-term perspective may help in managing short-term volatility and achieving potential gains over time.
- Risk Management: Setting clear risk management strategies, including stop-loss orders and position sizing, can protect your investment.
How to Invest in the Highest Return Stocks in the Last Year in India?
Investing in high return stocks requires careful planning and the right tools. Here’s how you can get started:
- Use a Reliable Platform: Tickertape offer comprehensive tools for analysing and screening stocks. With over 200 filters, pre-built screens, and custom filters, Tickertape Stock Screener helps investors make informed investment decisions. Check out the tool now!
- Research and Analysis: Conduct thorough research on the stock’s historical performance, financial statements, and market position. Evaluate the company’s growth potential and industry trends.
- Monitor Stock Performance: Regularly track the performance of your chosen stocks. Stay updated with the latest market news and company updates.
- Set Investment Goals: Define your investment goals and strategies. Align your investments with your financial objectives and risk tolerance.
In cases where thorough research is required, Tickertape Stock Screener can help you. With over 200 filters, pre-built screens, custom filters, a custom universe, and a lot more, the tool saves your time and effort. Start your investment journey with Tickertape today!
Conclusion
Investing in high return stocks within the Nifty 500 can be a profitable strategy for those willing to accept the associated risks. By conducting thorough research, diversifying your portfolio, and maintaining a long-term perspective, you can potentially achieve significant returns. Remember, informed decision-making and careful risk management are key to successful investing in high return stocks.
FAQs
1. What are high return stocks in India?
High return stocks in India are shares of companies that have delivered significant capital appreciation over a specific period, often due to rapid growth, innovation, or market dominance. These stocks can offer substantial returns but come with higher risk and volatility.
2. How can I identify high return stocks in India?
Identifying high return stocks involves analysing various factors such as the company’s financial health, growth prospects, industry trends, and historical performance. You can use Tickertape Stock Screener to identify the best high return stocks. It has over 200 filters to help you customise your best return share. Shortlist the stocks now!
3. What are the highest return stocks in the last 1 year in India?
The highest return stocks in the last year can vary, but typically include companies that have shown remarkable growth and profitability. Examples from the Nifty 500 may include companies from sectors like technology, pharmaceuticals, and renewable energy, which have experienced significant demand and growth.
4. Are high return stocks suitable for all investors?
High return stocks are generally suitable for investors with a higher risk tolerance and a long-term investment horizon. These investors should be comfortable with potential volatility and have the patience to hold through market fluctuations.
5. What factors should be considered before investing in high return stocks?
Before investing in high return stocks, consider conducting thorough research on the company, diversifying your portfolio, understanding your investment horizon, and implementing risk management strategies. This approach helps in making informed decisions and mitigating potential risks.
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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