These stocks including Adani Power and Adani Enterprises Ltd made investors rich in the year 2022! Gave such a strong return, you too can earn profit like this
1 – Adani Power
Adani Power, a company of Adani Group, has given strong returns to investors in the year 2022. On November 11, 2022, the company released the results of the second quarter of the financial year 2022-23. During this period, the company’s profit has increased by 201.6 percent on an annual basis to Rs 695.53 crore. This stock has seen a gain of 214.8 per cent in this year. The stock was trading at around Rs 107 at the beginning of this year. Whereas today, on November 27, 2022, its price has increased to Rs.323.45. It has given excellent returns to the investors in one year.
2 – Adani Enterprises Limited
Adani Enterprises Limited, a company of Adani Group, has also made investors rich in the year 2022. Adani Enterprises has given strong returns this year. Shares of Adani Enterprises have just reached record high. This year Adani Enterprises has seen a growth of 134.7 percent. At the beginning of this year, the share price of Adani Enterprises was Rs 1,711. On the other hand, on November 27, 2022, the share price has increased to Rs 3,903.35.
3 – Algae Equipments Limited
Shares of Elgi Equipments Ltd. have seen a jump of 126.7 per cent this year. At the beginning of this year, the share price was at Rs 215. Now its rate has increased to Rs 485.20. This stock has given strong returns to the investors. Investors are hopeful that it can see more growth in the coming times.
4 – Renuka Sugars
Shares of Renuka Sugars (Renuka Sugar Share Price) have seen good growth this year. Sugar stocks focused on the export market have remained bullish these days. This stock has seen a jump of 104.2 per cent this year. At the beginning of this year, the stock was trading around Rs.28. Whereas today i.e. on November 27, 2022, its price has increased to Rs.58.45. The pace is still being seen in this. The growth is expected to continue in the future as well.
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5 – Deepak Fertilizers & Petrochemicals Corporation Limited
Shares of Deepak Fertilizers and Petrochemicals Corporation Limited have also given huge profits to the investors this year. There is a steady rise in the stock. This year this stock has jumped up to 100.4 percent. At the beginning of the year 2022, this stock was at around Rs.382. At the same time, its price has increased to Rs.803. The stock is still seeing an uptrend.
These stocks made investors rich
| stock | Growth in the year 2022 | today’s rates | Rates at the beginning of the year 2022 |
| ADANIPOWER | 214.8% | 336 | 107 |
| ADANIENT | 134.7% | 4,017 | 1,711 |
| ELGIEQUIP | 126.7% | 488 | 215 |
| RENUKA | 104.2% | 56 | 28 |
| DEEPAKFERT | 100.4% | 766 | 382 |
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