Independence Day 2023: HAL, JSPL to BoB — These 5 Nifty100 stocks give up to 70% return in one year
Independence Day 2023: On 15th August 2023 i.e. on Tuesday this week, India is going to celebrate its 77th Independence day. This is an auspicious day to scrutinize one's achievements and failure during the year.
So, for a stock market investor, we are listing out top 5 Nifty 100 stocks that have delivered whopping returns to its positional shareholders who remained invested in these scrips from Independence Day 2022 to Independence Day 2023. Here we list out those five money-making stocks of Nifty 100 index: 1] Hindustan Aeronautics Ltd or HAL: Since November 2020, HAL share price has been in continuous uptrend. From November 2020 to till date, HAL share price has surged from around ₹700 apiece levels to ₹3890 apiece levels, delivering over 450 per cent return to its shareholders.
In fact, if someone had bought this stock around the Independence Day 2023, its money would have surged from around ₹2,300 to ₹3,890 per share levels, delivering to the tune of 70 per cent return to its positional shareholders in last one year. 2] Jindal Steel & Power Limited or JSPL: This stock has been in uptrend after the beginning of post-Covid rebound in April 2020. After making its bottom in April 2020 at ₹65 apiece levels, JSPL share price has come up to ₹3,890 per share levels, logging around 5,900 per cent return to its shareholders.
However, JSPL share price has delivered whopping return to its shareholders in last one year as well. If a positional investor had bought JSPL shares around Independence Day in 2022 and had remained invested in this scrip till date, its money would have appreciated over 60 per cent in the last one year. 3] Bank of Baroda or BOB: This PSU bank share price bottomed out at around ₹40 apiece levels in may
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