Investment in stocks comes with a lot of risks, but there have been instances where investment in stocks has made investors super rich within a short period of time.
As it is said and believed the stock market is unpredictable and is constantly evolving there are chances that your investments can go wrong completely.
An investor should consider the current scenario of the stock and up coming events related to the company before betting on it.
Here are some stocks which have given good returns in the last one year:
Manappuram Finance, a Kerala based gold loan company, has seen a good growth in its share price of almost 234 per cent in the past one year.
The stock, which ended trade at rs 28.70 on Jan 1, 2016, has surged to Rs 99. The face value of the company is Rs 2.
Gold prices have rallied and the company's financial performance has been better riding piggy-back on higher gold prices.
Gold prices have rallied from levels of Rs 24,000 plus at the start of the year to the current price of Rs 29,100 per 22 karats in the spot market.
Last month, Manappuram Finance said it had raised Rs 150 crore by issuing bonds on a private placement basis.
The one reason for the surge in the share price since the start of the year, is also because net profits have soared.
Net profits have risen from Rs 97.26 crores for the quarter ending Dec 31, 2015 to Rs 149.25 crores for the quarter ending June 30, 2016.
Check Manappuram shares price here
Meghmani Organics has given super returns of 97 per cent since the beginning of the year. The face value of the company is Re 1.
The company is a leading manufacturer of pigment and pesticide products in the country and is the recipient of several prestigious awards in recognition of its outstanding business performance.
Meghmani Organics shares are now trading at Rs 50.40 on the NSE. In January the stock was seen trading at Rs 25.50. Unlike Manappuram Finance, where the rally was largely driven by a growth in net profits, we cannot say the same for Meghmani Organics. In fact, the company reported a net profits of just Rs 7.28 crores from Rs 16.27 crores in the previous quarter.
Recently, Crisil also upgraded the rating of Meghmani Organics to "Crisil A" positive.
Check Meghmani Organics share price here
Thirumalai Chemicals (TCL) is a south India company and has a long experience in the chemical business. The company has given returns 180 percent in last one year.
TCL ranks among the largest producers in the world in all its core products. The company has a strong manufacturing base capable of delivering quality products, with excellent logistics and technical support, at competitive prices.
The current market price of the stock is Rs 616 from rs 216 (in January) on the NSE. Thirumalai Chemicals has a solid track record of payment of dividend and last declared a dividend of 100 per cent.
The company reported a net profit of Rs 17.89 crores for the quarter ending June 30, 2016, which was the best in the last three quarters.
Bajaj Finance has give super returns of 85 per cent in last on year. The stock was seen trading at Rs 608 on January 1, 2016. The company will declare its quarterly results on October 27, 2016.
Investors who are looking to invest can buy the stock during corrections. Bajaj Finance shares are now trading at Rs 1,129 on the NSE .
The one reason for the super gains in the stock is the solid financial performance. The company has a very small equity capital of Rs 53 crores on which it churned out a net profit of Rs 423 crores for the quarter ending June 30, 2016.
The company's shares are a blue chip one without any doubt.
Berger Paints is the largest Paint company in India and the stock gave returns of 40 percent in the last one year. The stock is now trading at Rs 261 on the NSE.The face value of the company is Re 1 and company will declare its quarterly results on November 3, 2016.
Berger Paints India is headquartered at Kolkata, with 10 strategically located manufacturing units and about 110 stock points.
Again, analysts are bullish on the company's performance, which is why the stock has gained.
The last few quarters have been excellent for Berger Paints in terms of performance. in June 2015, the company reported a net profit of just Rs 82 crores, which has surged to Rs 114 crores in the June 2016 quarter.
Dalmia Bharat has given super returns of 130 since the start of the year. Currently, the stock is seen trading at Rs 1,928 with a face value Rs 2.
In January stock was seen trading at Rs 867.
This is one of the popular stocks in the cement industry. Dalmia Bharat deals in cement, sugar, power and refractory manufacturing.
The company, like Thirumalai chemicals declared a dividend of 100 per cent in the last financial year.
The company has a very small equity capital of Rs 17.76crores and reported a net profit of Rs 19.76 crores for the quarter ending June 30, 2016.
Maharashtra Scooters shares rose more than 80 per cent, since the start of the year. The face value of the company is Rs 10. The company will declare its second quarter results on October 26, 2016.
Maharashtra Scooters started manufacturing "Bajaj Super" and"Bajaj Chetak" models of scooters and with the gradual shift in consumer preferences from geared scooters to the motorcycles, the Company discontinued production of geared scooters effective 1st April, 2006.
Recently, shares touched 52-week high of Rs 2015 on the NSE. In January the stock were seen trading at Rs 1115