Many stocks have given excellent returns in the last few years. Especially private companies have made investors rich. However, government companies are also not lagging behind. Many companies have given excellent returns in a short span of time. Here, information is being given about five such government companies, which have made investors a lot of money during one year.
Mazagon Dock Shipbuildersmazagon dock shipbuilders
This is the highest return giving government stock in the last one year. A year ago, the stock of Mazagon Dock Shipbuilders was at Rs 250 level. The stock reached Rs 1,241 per share on Tuesday. This stock has given a return of 386 per cent in one year. And this year so far this stock has registered a gain of 57.47 percent.
Fertilizers and ChemicalsS Travancore Ltd
The stock of this Kerala-headquartered company has made investors rich during a year. It has offered a return of 382.35 per cent in one year. A year ago, this stock was at Rs 97.15 on NSE, but today it has reached Rs 468 per share. The stock has given more than 32% returns during YTD.
UCO Bank Share
A year ago the shares of UCO Bank were at Rs 11 per share, but after one year this stock was at the level of Rs 26.70. It has given a return of 142.73 per cent during this period. This&zwj means that the income of the people investing in it has increased more than double.
Hindustan Aeronautics
In the last few years, this stock has made a good jump due to the increasing focus of the government on the defense sector. Hindustan Aeronauticss share price was at Rs 1800 a year back and at Rs 3,670 per share. In one year, the stock of this company has given a return of 103.87 percent. The stock has given 44.46 per cent return during YTD.
Rail Vikas Nigam
The stock of this company under the Ministry of Railways has also earned a lot of money for the investors. During one year, this stock has given a return of more than 307 percent. A year ago this stock was at Rs 30.40 level, but on Tuesday it was trading at Rs 123.90 per share. The stock has given 80.74 per cent return during YTD.
Disclaimer: (The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com Investing money from outside is never advised here.)
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