The year of 2024 has been a very significant year for the Indian bourses. While the markets climbed to dizzy heights, thanks to a liquidity-driven bull run, it also went into a correction mode in the last quarter. Data from ACE Equity show that in the past 12 months, the benchmark index of BSE Sensex rose 17% — a gain outsmarted by BSE Smallcap Index which jumped 39%.
One of the stocks has generated a – hold your breath – more than 91,000% returns during this period. According to records this company began its journey as a small family-owned firm by brothers Gautam Adhikari and Markand Adhikari in 1985. It also has the distinction of being the first listed television production company in the country.
Shri Adhikari Brothers Television Network
The stock that tops the chart of the highest returns is Shri Adhikari Brothers Television Network. According to reports, the scrip generated a return of 91,161%. Other figures are equally dramatic — a year earlier, this company had a market cap of Rs 8 crore. Now it has rocketed to Rs 5,465 crore – the price of the stock has zoomed from Rs 2.4 to Rs 2,153.8!!! This company is one of the oldest names in the entertainment industry. It is in the domain of film making and distribution. Sample this eye-popping figures that this rate of returns has generated – if one invested Rs 9 lakh in the stocks of Shri Adhikari Brothers Television Network would have generated a value in excess of Rs 9 crore!!!
Marsons, too, gave this return
Marsons is one of the major companies in the electric equipment industry. This stock has, too, created a flutter with its returns – as high as 2,763% in one year. The price of Marsons jumped from Rs 8.4 to Rs 241.1, and, as a result, the market cap of the company has gone up to Rs 4,148 crore.
Multibaggers! Bharat Global Developers, Eraaya Lifespaces
Bharat Global Developers which is a player in the software industry and Eraaya Lifespaces, a player in the auto ancillary domain, have also attracted attention due to their superior returns. Bharat Global Developers generated returns of 2,441%, while Eraaya Lifespaces has provided 1,935% returns. The stock price of Eraaya Lifespaces jumped from Rs 8.8 to Rs 179.5, while that of Bharat Global Developers rose from Rs 42.2 to Rs 1,073.5 in one year.
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The shares of Shri Adhikari Brothers, Marsons, Bharat Global Developers and Eraaya Lifespaces have given unbelievable returns in the last one year. Shri Adhikari Brothers Television Network share jumped 91000 per cent in the past one year. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
