The grand festival of Diwali is approaching, a time when Goddess Lakshmi is worshipped, and it’s believed in Hinduism that Diwali brings prosperity and wealth into people’s lives. Many consider investing on Diwali auspicious, so the stock market holds a special one-hour Muhurat trading session every year. This year, the session will take place on November 1 from 7:00 PM to 8:00 PM.
In this article, we’ll look at three stocks that have delivered over 100% returns in the past three years, providing exceptional performance from one Diwali to the next. Let’s explore these multi-bagger stocks that have rewarded investors with substantial returns.
1. KPI Green Energy – 3,478% Return (in 3 years)
Due to rising crude oil prices and increased demand for green energy, KPI Green Energy Ltd has given outstanding returns between Diwalis for the past three years. Its stock price has surged by 3,478%, with a current price of ₹787.
- Diwali 2021-22: 339% return
- Diwali 2022-23: 155% return
- Diwali 2023-24: 117% return
2. KP Energy – 2,820% Return (in 3 years)
KP Energy Ltd has also provided remarkable returns between Diwalis for the past three years. Its stock price has increased by 2,820%, with a current price of ₹563.
- Diwali 2021-22: 157% return
- Diwali 2022-23: 204% return
- Diwali 2023-24: 188% return
3. Suratwwala Business Group – 1,704% Return (in 3 years)
Suratwwala Business Group Ltd has also delivered multi-bagger returns between Diwalis over the past three years. Its stock price has risen by 1,704%, with a current price of ₹126.
- Diwali 2021-22: 195% return
- Diwali 2022-23: 110% return
- Diwali 2023-24: 176% return
The Indian stock market is a platform where shares of publicly listed companies are bought and sold. It plays a vital role in India’s economy, allowing companies to raise capital for growth and expansion, while offering investors a chance to earn returns by buying and selling shares.
The two main stock exchanges in India are:
- Bombay Stock Exchange (BSE):
- Established in 1875, it is the oldest stock exchange in Asia.
- It lists thousands of companies and has indices like SENSEX, which tracks 30 of the largest and most actively traded stocks on the BSE.
2. National Stock Exchange (NSE):
- Established in 1992, it is the largest stock exchange in India by trading volume.
- It has indices like NIFTY 50, which represents the top 50 companies listed on the NSE.
The information provided herein is for informational purposes only and should not be considered as financial advice or a recommendation to buy or sell any particular security, investment, or strategy. The stock market is inherently volatile, and past performance is not indicative of future results.
Investors should conduct their own research and carefully consider their financial objectives, risk tolerance, and investment horizon before making any investment decisions. Any reliance on the information provided is at the user’s own risk.
The content presented does not constitute an offer to buy or sell securities and is not intended to be, nor should it be construed as, an invitation or inducement to engage in investment activity. We do not guarantee the accuracy or completeness of the information presented, and we disclaim any liability for any direct or consequential loss arising from any use of this information.
It is advisable to consult with a qualified financial advisor or professional before making any investment decisions. Users are encouraged to verify the accuracy of the information provided independently and seek appropriate professional advice if needed.
