Crorepati Stocks: There are many such stocks in the stock market, which have made investors rich in the last 5 years itself.
Crorepati Stocks: There are many such stocks in the stock market, which have made investors rich in the last 5 years itself. If you are currently looking for a similar millionaire share then there are some good options. These stocks have given up to 734 per cent returns in the last 5 years or can say that investors’ money has increased more than 8 times. At the same time, their fundamentals are still looking better. Given the good fundamentals, brokerage houses are predicting that they will continue to grow further. We have selected 4 of these stocks here, which include Escort, Philippe Corbon and Biocon. At the same time, the continued boom in them for 5 years will also be ahead.
Return in 5 years: 734%
Escort Group is a leading tractor manufacturing company. The company is also operating in mobile cranes, railway equipment construction machinery and material handling. Talking about the last 5 years, the company has got 734 per cent returns. That means investors’ money has increased more than 8 times. Brokerage house CD Equisearch has predicted further upside in the stock. The brokerage has set a target of Rs 1610 for the stock. The current price of the stock is around Rs 1300. In this sense, there is room for a further 24% return. Structural reforms are taking place in the Indian agriculture sector. In the coming days, the demand for tractors and agri equipment will increase.
Return in 5 years: 581%
Philips Carbon Black (PCBL) is India’s largest carbon black producer company. Carbon black is the main raw material used in automotive tires. The company has 4 manufacturing units in India and the total rated production capacity is 5,15,000 MT annually. Philips Carbon Black has given a return of 581 percent in the last 5 years. According to brokerage house ICICI Direct, there is scope for further upside in the stock. The brokerage has given a target of Rs 210 for the stock. In terms of the current price of Rs 170, it can get 24 percent return ahead of the current price.
Return in 5 years: 436%
Biocon is a well-known pharma company in India. The company manufactures affordable biosimilars, novel biologics and complex APIs. The company’s products are being used in more than 120 countries. Biocon has given investors up to 436 per cent returns in the last 5 years. Brokerage house Sharekhan has suggested investing in the stock with a target of Rs 520. In terms of the current price of the stock 450, it can get 16 percent return in this. According to the report, the company has a strong position in the global biosimilar space. Hearing visibility is strong. The company’s balance sheet is also strong.
(Note: We have given the information here based on the performance of the shares and the report of the brokerage house. Given the risk of the market, take the opinion of the experts before investing.)