To turbocharge their investments, savvy investors regularly consider expanding their stock universe. Investors typically scrutinize multiple opportunities before diversifying their portfolio. One effective way to assess investment potential is to review year-ahead earnings predictions. Another widely used metric is Return on Investment (ROI). Let’s examine some top-performing stocks that have yielded exceptional returns in the last few years.
Stocks That Have Delivered Massive Returns
Elcid Investments- Elcid Investments dethroned MRF on October 29 to become India’s most valuable share. The company’s share price witnessed a staggering 67 lakh per cent surge, reaching Rs 2,36,250 on Tuesday. Elcid Investments achieved a historic feat with a single-day stock price leap from Rs 3.53 to Rs 2,36,250. This represents an astonishingly high ROI. However, there is a catch. SEBI proposed a new mechanism in June 2024 to improve price discovery for Investment Companies (ICs) and Investment Holding Companies (IHCs). This led to the surge in the share price of the Elcid Investments.
Titan- This Tata Group company showed a remarkable display of surge. Titan has given its investors a massive return of more than 2,15,000% in 23 years. This means that an investment of Rs 1 lakh in the Titan company on November 5, 2001, would now be valued at over Rs 20 crore as of now.
Tata Elxsi: As the name suggests, this design and technology services provider is too a Tata Group company. The company has given its investors a massive return of around 9,000% in 15 years. Shares of Tata Elxsi have skyrocketed from a mere Rs 73.58 per share on July 30, 2009 to a staggering Rs 6,366.60 per share at the close of Thursday’s trading session on BSE.
Symphony Limited: Electronics company Symphony Limited has brought a broader smile on investors’ faces as the shares of the company have soared nearly 4,00,000% in last 20 years. An investment of just Rs 1,000 in Symphony Limited in October 2004 would now be valued at over Rs 40 lakh as of now.
(Disclaimer: This stock market news is for informational purposes only and is not an investment advice.)
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