Dec 05 2023, 10:31
5 stocks gave double- digit returns 3 consecutive times:
In December, there are a few interesting factors backing this optimism.
In the month of December showed that there are five small cap champs that have given atleast 20% returns consistently in this month in the last three years.
The five stocks are Gravita India, Lloyds Engineering Works, Lloyds Enterprises, SEPC Ltd, and Southern Petrochemical Industries Corp.
Lloyds Enterprise:
The shortlisted stocks have a current market capitalization of over Rs 1,000 crore.
This stock has given a staggering 6719% returns to investors on a 3- year basis. The company, which designs and manufactures heavy equipment, machinery and systems for varied sectors such as oil & gas, steel, and power, saw a steady improvement in its earnings.
Gravita India:
The leading manufacturer of lead and lead alloy products saw consistent growth in earnings, with the revenue growing 23% YoY in the September quarter and profit rising by 30%.
SEPC Ltd:
SEPC, erstwhile Shriram EPC is the third stock that has managed to win several hearts on Dalal Street, as the stock has given around 460% returns to investors over a 3-year period.
source: et
Dec 05 2023, 10:52