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Bulls tighten grip! These stocks doubled investor wealth in just one year

Updated : 2019-09-25 06:32:22

The last year has been full of macro developments for the market on a global as well as domestic level. From NBFC crisis to Lok Sabha elections, US-China trade war worries to oil volatility, the investors have maintained a cautious stance on the equities. However, post the corporate tax cut, announced by the union finance minister Nirmala Sitharaman of Friday, the bulls have been in the driver seat. The benchmark Nifty50 index, which had turned negative for 2019 earlier in the month, is now up 8 percent for that duration. For the last one year, the benchmark index has risen over 7 percent. Here are five stocks that have rallied over 100 percent in the last one year:

<strong>Adani Power:</strong> The stock has more than doubled investor wealth in just the last year. It rose 16 percent in the last year and 30 percent in 2019.
Adani Power: The stock has more than doubled investor wealth in just the last year. It rose 16 percent in the last year and 30 percent in 2019.
<strong>CreditAccess Grameen:</strong> This micro finance stock was another multi-bagger, rising over 100 percent in the last year.
CreditAccess Grameen: This micro finance stock was another multi-bagger, rising over 100 percent in the last year.
<strong>Interglobe Aviation: </strong>The aviation stock, which has been in focus over promoter spat, has risen over 100 percent in the last year, mainly due to grounding of Jet Airways.
Interglobe Aviation: The aviation stock, which has been in focus over promoter spat, has risen over 100 percent in the last year, mainly due to grounding of Jet Airways.
<strong>HDFC AMC:</strong> The stock rallied over 100 percent in the last year and 94 percent in 2019 despite the NBFC crisis on strong fundamentals.
HDFC AMC: The stock rallied over 100 percent in the last year and 94 percent in 2019 despite the NBFC crisis on strong fundamentals.
<strong>Balrampur Chini</strong>: Another major gainer for the year includes this sugar stock which doubled investor wealth in the last year.
Balrampur Chini: Another major gainer for the year includes this sugar stock which doubled investor wealth in the last year.
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