These 6 stocks gained over 100% in each of the last 3 Diwali periods!
By Ritesh Presswala, ETMarkets.com |
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Auspicious Picks
We are just a week away from Diwali 2024! Traditionally, many investors engage in Muhurat trading on Diwali eve, which is considered an auspicious day and marks the start of the new Samvat year. ETMarket has identified six stocks that have gained over 100% from one Diwali to the next over the past three years. Remarkably, these six stocks have generated over 15 times the wealth for investors in just the last three-year period. Considered only stocks that have a market cap of over Rs 2000 crore. (Data Source: ACE Equity)
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Shilchar Technologies
Over the past three years, the stock has surged by 6,243% to Rs 7,110. Gains from the Diwali rallies include:
Diwali 2021-22: 292%
Diwali 2022-23: 520%
Diwali 2023-24: 162%
Diwali 2021-22: 292%
Diwali 2022-23: 520%
Diwali 2023-24: 162%
3/7
RIR Power Electronics
In the last three years, the stock has increased by 4,018% to Rs 3,581. Gains from the Diwali rallies include:
Diwali 2021-22: 191%
Diwali 2022-23: 304%
Diwali 2023-24: 251%
Diwali 2021-22: 191%
Diwali 2022-23: 304%
Diwali 2023-24: 251%
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4/7
KPI Green Energy
Over the past three years, the stock has risen by 3,478% to Rs 787. Gains from the Diwali rallies include:
Diwali 2021-22: 339%
Diwali 2022-23: 155%
Diwali 2023-24: 117%
Diwali 2021-22: 339%
Diwali 2022-23: 155%
Diwali 2023-24: 117%
5/7
KP Energy
In the last three years, the stock has appreciated by 2,820% to Rs 563. Gains from the Diwali rallies include:Diwali 2021-22: 157%
Diwali 2022-23: 204%
Diwali 2023-24: 188%
Diwali 2022-23: 204%
Diwali 2023-24: 188%
6/7
Suratwwala Business Group
Over the past three years, the stock has climbed by 1,704% to Rs 126. Gains from the Diwali rallies include:
Diwali 2021-22: 195%
Diwali 2022-23: 110%
Diwali 2023-24: 176%
Diwali 2021-22: 195%
Diwali 2022-23: 110%
Diwali 2023-24: 176%
7/7
Mazagon Dock Shipbuilders
In the last three years, the stock has grown by 1,431% to Rs 4,195. Gains from the Diwali rallies include:
Diwali 2021-22: 114%
Diwali 2022-23: 212%
Diwali 2023-24: 110%
Diwali 2021-22: 114%
Diwali 2022-23: 212%
Diwali 2023-24: 110%