Best stocks of 2018 India: These 7 shares made people rich this year. Look out for them in 2019
Best stocks of 2018: Everyone wants to invest and fetch maximum returns in a quick period, though it might sound impossible to some, the Indian equity market has given over 100% returns to some investors in a period of just one year.
Best stocks of 2018: The equity market is risky but can be a worthy option to invest, if you can research, study, calculate, analyse companies and be lucky enough to get rewards. Everyone wants to invest and fetch maximum returns in a quick period, though it might sound impossible to some, the Indian equity market has given over 100% returns to some investors in a period of just one year.
Here's a list of a few companies' stocks that have given best returns over a period of one year in 2018.
HEG Limited is engaged in the manufacturing of graphite electrodes, which are used by manufacturers of steel. The company's segments include graphite, power and unallocable items/others. The current market capitalisation of the company is Rs. 15,540.11 crore. The revenue of the company has increased up to 337%, net profit up to 680% on a YoY (Year on Year) basis. It has a good consistent profit growth of 47.5% over 5 years.
In 2018, the value of each HEG Limited share increased from Rs. 1,905.65 to Rs. 3,891.20, which is a whopping 104 per cent return to the shareholders.
Bajaj Finance is involved in the business of lending and primarily deals in financing of two and three-wheelers, consumer durables, small business loans, personal loans, mortgage loans, loan against securities, etc. The current market capitalisation of Bajaj Finance is Rs. 1,49,766 Crore. A 33% increase in revenue and 56% gain in profits on a YoY basis makes it a great choice for investors. It had a zero NPA figure in the last quarter and has good consistent profit growth of 34.95% over 5 years.
The Bajaj Finance stock price increased from Rs. 1,750 to Rs. 2,591.25, fetching 48.65 per cent gains to the investors.
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Mindtree Limited is an international information technology consulting and implementation company that delivers business solutions through global software development. The company works under verticals like retail, CPG and manufacturing, banking, financial services, insurance, technology, media services, travel and hospitality. It is a debt-free company that has a healthy dividend payout of 40.12 per cent. The current market capitalisation of the company is Rs. 13,886 crore and has multiplied the revenue by 33% and profit by 65% on YoY basis which makes it one of best choices in the Information Technology sector.
The stock price of Mindtree moved up from Rs. 577.45 to Rs. 845.60 per share, recording 46.44 per cent gain in a year.
Avenue Super Markets
Avenue Supermarts Limited is an India-based company, which owns and operates D-Mart stores. D-Mart is a supermarket chain that offers customers a range of home and personal products at one place. Revenue and net profit which has folded up to 39 per cent on YoY and 19 per cent on YoY respectively, makes it one of the best earning corporate in the segment. It had a consistent growth of profit of 53 per cent over 5 years. The current market capitalisation of the company is Rs. 1,02,855 crore.
Avenue Super Markets stock touched Rs. 1,648.10 from Rs. 1,143 which is almost a 44 per cent surge in a year.
Radico Khaitan is in the business of manufacturing and trading of alcoholic products such as Indian Made Foreign Liquor (IMFL), alcohol, country liquor etc. With a market capitalisation of Rs. 5,336 crore, it is one of the leading company in the sector of breweries & distilleries in India. It has multiplied its revenue and net profit by 15 per cent and 72 per cent respectively. It has a consistent growth in profit by 18 per cent in 10 years.
Radico Khaitan stock traded from Rs. 282.45 to RS. 400.25, giving 42.04 per cent returns to shareholders in a year.
Zensar Technologies Limited provides a complete range of IT services and solutions. The company gives business IT solutions on various expertise across industries like manufacturing, banking, insurance, healthcare, retail, media, and utilities. The current market capitalisation of the company is Rs. 5,202 crore. It is a debt free technology organisation that maintains a healthy dividend payout of 21.26 per cent. It has managed to fold its revenue by 27 per cent and net profit by 48 per cent on a YoY basis.
Zensar Technologies share increased from Rs. 169.87 to Rs. 231.10, recording a healthy gain of 36.05 per cent over a period of one year.
Kotak Mahindra Bank
Needs no introduction, Kotak Mahindra Bank is one of the leading bank of India which provides a full package of banking services to its customers that includes commercial banking, retail banking, treasury and corporate banking in India. With a market capitalisation of Rs. 2,34,069 crore, it is one of the leading corporations in the banking sector. It has shown a consistent 23 per cent growth in profit over 5 years. Multiplication in the revenue and net profit has been 27 per cent and 21 per cent respectively on a YoY basis. With a reduction in the number of gross NPA's over a year, It is a great option for investors eyeing banking industry of India.
Kotak Mahindra Bank's stock price moved up from Rs. 1011.30 to Rs. 1227.20, giving a 21.37 per cent gain to investors in a year.
NOTE: The above prices are as per the NSE's current prices of the stocks and the returns they have given till 21st December 2018 in the period of 1 year. We do not recommend or advise to invest without reader's discretion.