4 Nifty Stocks That Have Given Most Returns In Previous Month

Indices of Indian markets are showing a strong move to the upside from the previous month. Most of the sectors have shown rapid recovery and are moving positively. In these market conditions, many stocks have given robust upside moves. Still, experienced equity investors usually prefer to invest in stocks with good fundamentals and a large market cap to reduce the risk of huge losses.

So, here is a list of stocks from the Nifty 50 index of the Indian market that has given the most returns in the previous months.

IndusInd Bank Ltd.

IndusInd Bank is one of the leading private banks in India. The bank was incorporated in 1994 as a commercial bank and provided electronic, commercial, and transactional banking services and products. Other than that, this publicly held bank provides financial and banking services to retail and corporate clients.

IndusInd Bank is a part of the Nifty 50 Index and has a market capitalization of Rs. 94,469 Crores. The stock's current market price is Rs. 1,219 and is very near its all-time highs. The stock's price on October 19, 2022, was Rs. 1063, so the stock has given around 14.68% in one month.

ITC Ltd.

ITC Ltd is one of the leading FMCG companies in India. The company is the largest cigarette manufacturer and seller in the country. It operates in 5 different business segments in the FMCG sector - FMCG Cigarettes, Paperboards, Packaging and Papers, FMCG Others, and Agri-Business.

The stock price has mostly stayed the same in the previous years. However, the stock is robust upside moment from the past months. ITC Ltd is also part of the Nifty 50 index and has a market capitalization of Rs. 429,818 Crores. The stock's current market price is Rs. 347, which is currently trading at its all-time highs. On October 19, 2022, the stock's price was Rs. 312, so the stock had given around 11.22% returns in the previous month.

Titan Company Ltd.

Titan Company Ltd is among India's most reputed lifestyle companies. Its trusted brands and distinctive consumer experiences have helped it take the lead in the Jewellery, watch, and eyewear industries. As a joint venture between TATA Group and Tamilnadu Industrial Development Corporation (TIDCO), it was established in 1984.

The market capitalization of Titan Company Ltd is around Rs. 237,208 Crores. The stock's current market price is Rs. 2,672, and the stock's price on October 19, 2022, was Rs. 3424. In the previous month, the stock has given a return of 9.51%.

Eicher Motors Ltd.

Eicher Motors Limited, incorporated in 1982, is the Eicher Group's listed firm in India. The company is a major player in the country's automotive market and the world's top manufacturer of middleweight motorcycles. Volvo Eicher Commercial Vehicles VECV) Limited is a joint venture between Eicher and AB Volvo of Sweden. VECV operates trucks and buses, sells auto parts, and provides technical consulting services.

Currently, the company's market capitalization is around Rs. 102,319 Crores. The stock's current market price is Rs. 3,742, and it is also trading near its all-time highs. The stock's price on October 19, 2022, was Rs. 3424, and in the previous month, the stock has given a return of 9.29%.