Last Updated on Apr 19, 2024 by Harshit Singh
Knowing Nifty 50 top gainers can help an investor build an insight into which sectors have performed exceptionally well. Using 1-month high return stocks as a parameter, an investor can identify companies that have outperformed the market recently.
In this article, we have generated the list of best performing stocks with 1-month high return using Tickertape Stock Screener.
Table of Contents
Nifty 50 stocks with 1-month high return
| Stock Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio (%) | 1M Return (%) |
| Adani Enterprises Ltd | Commodities Trading | 325,561.52 | 2,855.80 | 131.65 | 27.14 |
| Adani Ports and Special Economic Zone Ltd | Ports | 222,904.74 | 1,031.90 | 41.98 | 25.25 |
| Bharat Petroleum Corporation Ltd | Oil & Gas – Refining & Marketing | 100,660.46 | 465.50 | 47.24 | 22.19 |
| Hero MotoCorp Ltd | Two Wheelers | 74,051.19 | 3,704.65 | 26.35 | 18.34 |
| NTPC Ltd | Power Generation | 278,585.22 | 287.30 | 16.47 | 15.90 |
| Eicher Motors Ltd | Trucks & Buses | 110,212.43 | 4,025.65 | 37.82 | 12.95 |
| Bajaj Auto Ltd | Two Wheelers | 173,827.06 | 6,138.40 | 28.68 | 11.99 |
| Larsen & Toubro Ltd | Construction & Engineering | 465,394.57 | 3,385.80 | 44.45 | 10.59 |
| JSW Steel Ltd | Iron & Steel | 205,771.26 | 845.10 | 49.66 | 10.44 |
| Wipro Ltd | IT Services & Consulting | 219,401.09 | 420.60 | 19.33 | 10.22 |
Note: The data is from 4th April 2024. The above list of high return stocks is derived from Nifty 50 using Tickertape Stock Screener. Following filters are used to identify best performing stocks in India –
- Stock universe – Nifty 50
- 1-month return – Sorted from Highest to Lowest
About highest 1-month return stocks
Adani Enterprises Ltd
Reeling from allegations by Hindenburg Research, the Adani Group witnessed a remarkable turnaround as its stocks soared up to 20% following a pivotal Supreme Court hearing. Adani Enterprises Limited, an infrastructure company with businesses spanning coal trading, coal mining, oil and gas exploration, etc., recorded growth of 27.14% in the past month.
Adani Ports and Special Economic Zone Ltd
Among the top performers is the Adani Ports and Special Economic Zones Ltd, which recorded double-digit growth in the past month. This Adani-owned company indulges in developing, operating and maintaining the Port and Port-based related infrastructure facilities at a larger scale and occupies 83.73% of the market share.
Bharat Petroleum Corporation Ltd
Bharat Petroleum indulges in refining of crude oil and marketing of petroleum products which occupies 16.63% of Oil & Gas ‘Refining & Marketing’ market share. The company has seen to be gaining momentum in the recent weeks, and recorded 22.19% growth in the past month.
Hero MotoCorp Ltd
This two-wheeler large-cap company is still reeling from the momentum from the festive season and saw its share price increase by 18.34% in the past month.
NTPC Ltd
Owing to an increase in the market share to 65.96%, NTPC Limited recorded a spike in its share price recently. As on 4th April 2024, this large-cap stock witnessed an increase of 15.90% in the past month.
Conclusion
Monitoring the top gainers provides insights into sectors’ performance. With thorough research, investors can identify the trends behind high-return stocks, strategise their investment thesis, and capitalise on emerging trends. However, risk assessment is crucial; therefore, using Tickertape, you can carefully vet the stocks across 200+ technical and fundamental filters and make a well-informed decision.
As an investment fanatic, I’ve dabbled in early-stage startups, mutual funds, gold, stocks, smallcases, and real estate to identify which assets generate the highest ROI. At Tickertape, I’m dedicated to presenting my learning and providing insightful suggestions to help my readers make sound investment decision.
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