Top 5 Stocks That Have Outperformed the Market in the Past Year

Apr 19 2024 03:30 PM IST
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In the past year, the stock market has been volatile, leaving many investors struggling to find profitable investments. However, there are five stocks that have stood out and delivered impressive returns. Waaree Renewab. leads the pack with a 1212.13% return, followed by Veritas (India) with 918.54%, T R I L with 917.13%, Piccadily Agro with 874.72%, and Shraddha Prime with 851.59%. These stocks have bullish technical grades and positive financial grades, making them attractive options for investors. However, it's important to do thorough research and consult with a financial advisor before making any investment decisions.
The stock market has been on a rollercoaster ride in the past year, with many investors struggling to find stable and profitable investments. However, there are a few stocks that have stood out and delivered impressive returns to their shareholders. Let's take a closer look at the top five stocks that have outperformed the market in the past year.

Leading the pack is Waaree Renewab., a Large Cap stock from the Utilities sector. With a score of 75 and a grade of Buy, this stock has given a whopping return of 1212.13% in just one year. Its technical grade is bullish, financial grade is outstanding, quality grade is average, and valuation grade is very expensive. This stock's market cap is in the Large Cap range, making it a stable and reliable investment option.

Next up is Veritas (India), a Small Cap stock from the Capital Goods sector. With a score of 71 and a grade of Buy, this stock has given a return of 918.54% in the past year. Its technical grade is bullish, financial grade is very positive, quality grade is average, and valuation grade is expensive. This stock's market cap is in the Small Cap range, making it a slightly riskier but potentially high-return investment.

T R I L, a Mid Cap stock from the Capital Goods sector, takes the third spot on our list. With a score of 70 and a grade of Buy, this stock has given a return of 917.13% in the past year. Its technical grade is bullish, financial grade is very positive, quality grade is average, and valuation grade is very expensive. This stock is also part of the Hidden Turnarounds list, making it a promising investment option for those looking for undervalued stocks.

In the fourth spot is Piccadily Agro, a Small Cap stock from the Global Material sector. With a score of 70 and a grade of Buy, this stock has given a return of 874.72% in the past year. Its technical grade is bullish, financial grade is very positive, quality grade is average, and valuation grade is very expensive. This stock's market cap is in the Small Cap range, making it a slightly riskier but potentially high-return investment.

Last but not least is Shraddha Prime, a Micro Cap stock from the Capital Goods sector. With a score of 77 and a grade of Buy, this stock has given a return of 851.59% in the past year. Its technical grade is bullish, financial grade is very positive, quality grade is good, and valuation grade is very expensive. This stock's market cap is in the Micro Cap range, making it a high-risk but potentially high-reward investment.

Overall, these top-performing stocks have shown impressive returns in the past year, making them attractive options for investors. However, it's important to do your own research and consult with a financial advisor before making any investment decisions. With the market constantly changing, it's crucial to stay informed and make informed decisions to drive your own success in the stock market.

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