6 High-Priced Stocks That Doubled Investors' Wealth in Just 2 Years
Discover the top 6 high-priced stocks that have more than doubled in value over the past two years, providing investors with impressive returns. Despite their initial high cost, these stocks have proven to be lucrative investments.
Real Estate News:In the stock market, many investors are often hesitant to buy high-priced stocks due to the fear of larger losses if prices decline. These shares typically require a significant investment, making even a small quantity feel costly. However, a recent study by ETMarkets.com reveals that some of these high-priced stocks have delivered remarkable returns, more than doubling in value over just two years.
ETMarkets.com conducted a study on high-priced stocks, focusing on companies that were trading above Rs 3,000 per share and had a market capitalization of over Rs 3,000 crore two years ago. Within the BSE universe, 75 stocks met this criteria. At that time, MRF topped the list as the costliest stock, trading at Rs 1,08,626 per share. Two years later, it continued to hold the crown at Rs 1,55,968, delivering a 43% rally over this period.
What stands out even more is that 13 of these high-value stocks have more than doubled in price, rewarding investors with gains exceeding 100% in just two years. Several of them are now trading well above the Rs 10,000 mark per share. On the other hand, not all of these premium names have delivered positive returns. Stocks such as National Standard, Tasty Bite Eatables, and Sanofi India have slipped between 30–60% during the same time frame. Still, the data reveals that the winners outweigh the laggards, with a significant number of multibaggers emerging from this basket of high-priced stocks.
Force Motors Over the past two years, the stock of Force Motors surged by an impressive 388%, rising from Rs 3,714 to Rs 18,138. This remarkable performance has made Force Motors a standout choice for investors looking for high returns.
Hitachi Energy India In the last two years, the stock of Hitachi Energy India increased dramatically by 353%, climbing from Rs 4,198 to Rs 19,003. The company's strong performance in the energy sector has been a key driver of this growth.
Neuland Laboratories The stock of Neuland Laboratories gained a remarkable 310% in the last two years, moving from Rs 3,645 to Rs 14,948. The company's focus on pharmaceutical research and development has been a significant factor in its success.
JSW Holdings Over the previous two years, the stock of JSW Holdings rose sharply by 283%, going from Rs 4,727 to Rs 18,095. The company's diversified portfolio in various sectors has contributed to its strong performance.
Dixon Technologies (India) In the last two years, the stock of Dixon Technologies (India) jumped 277%, increasing from Rs 4,809 to Rs 18,133. The company's innovative solutions in technology have been a key driver of its growth.
Solar Industries India The stock of Solar Industries India soared by 208% over two years, advancing from Rs 4,615 to Rs 14,218. The company's focus on solar energy solutions has been a significant factor in its success.
PTC Industries Over the past two years, the stock of PTC Industries climbed 175%, from Rs 5,537 to Rs 15,221. The company's strong presence in the manufacturing sector has contributed to its growth.
Maharashtra Scooters The stock of Maharashtra Scooters appreciated by 133% in the last two years, rising from Rs 7,540 to Rs 17,571. The company's focus on the scooter market has been a key driver of its performance.
TVS Holdings Over two years, the stock of TVS Holdings increased by 131%, going from Rs 5,665 to Rs 13,077. The company's diversified portfolio in various sectors has contributed to its strong performance.
Oracle Financial Services Software The stock of Oracle Financial Services Software also saw significant gains, increasing by 120% over the past two years, from Rs 6,250 to Rs 13,750. The company's innovative financial software solutions have been a key driver of its success.
Despite the initial high cost, these stocks have proven to be lucrative investments, delivering impressive returns to investors. However, it's important to conduct thorough research and consider the risks before making any investment decisions.
Frequently Asked Questions
What are multibaggers in the stock market?
Multibaggers are stocks that increase in value by multiple times, often more than doubling or tripling in price. These stocks can provide significant returns to investors over a relatively short period.
Why are high-priced stocks often avoided by investors?
High-priced stocks are often avoided by investors due to the fear of larger losses if the prices decline. These stocks require a significant initial investment, making even a small quantity feel costly.
Which company's stock has shown the highest gain among the high-priced stocks?
Force Motors has shown the highest gain among the high-priced stocks, with a remarkable 388% increase in value over the past two years.
What factors contribute to the success of high-priced stocks?
Several factors contribute to the success of high-priced stocks, including strong company performance, innovative solutions, diversified portfolios, and favorable market conditions in their respective sectors.
Are all high-priced stocks good investments?
Not all high-priced stocks are good investments. Some stocks, like National Standard, Tasty Bite Eatables, and Sanofi India, have seen declines in value. It's important to conduct thorough research and consider the risks before making any investment decisions.