5 Stocks That Skyrocketed In 3 Months; Do You Own Them?

The markets opened in green on Friday's morning trade and continue to remain in the green throughout. The Sensex is at 61, 537.83 while the Nifty is at 18,131.15. But, in the last three months, the Sensex has rallied by a mere 1.39%.

However, we have identified five stocks that could have given you returns of nearly 993.32% if you had bought them three months ago. The companies are: Remedium Lifecare, K&R Rail Engineering, Servotech Power Systems, Patel Engineering and GE T&D India.

Among them, Servotech Power Systems is the only company which is listed on the national stock exchange. The details are given below:

1. Remedium Lifecare

Remedium Lifecare Limited, a pharmaceutical company, engages in the trading and sale of active pharmaceutical ingredients (API) and intermediates in India and internationally. It is a small-cap company founded in 1988.

2. K&R Rail Engineering

K&R Rail Engineering Limited is a small cap company, operating in the Miscellaneous sector. The company was founded in 1998 to cater to the ever-growing demand for mass transportation and bulk logistics of goods & materials through the Indian Railway networks. So, it largely undertakes contracts for railway tracks for the private sector in India.

3. Servotech Power Systems

Servotech Power Systems Limited engages in the manufacture and sale of solar power and light-emitting diode (LED) products in India and overseas. It is a small cap company founded in 2004. It is engaged in the end-to-end manufacturing, procurement and distribution of a range of high-end yet advanced solar products, medical devices as well as energy-efficient lighting solutions.

Having forayed into the EV market recently with the launch of high-tech EV charging equipment, the company intends to establish EV charging tech infrastructure pan-India expeditiously and bolster the nation's progression towards the electric revolution.

4. Patel Engineering

Patel Engineering Limited, together with its subsidiaries, provides infrastructure and construction services in India and overseas. It is a small cap company incorporated in the year 1949 that encompasses all sectors of the infrastructure industry from dams, tunnels, micro-tunnels, hydroelectric projects, irrigation projects, highways, roads, bridges, railways and refineries to real estate and townships.

5. GE T&D India

GE T&D India Limited is engaged in building power transmission and distribution infrastructure in India and abroad. Founded in 1957, the company is the listed entity of GE's Grid Solutions business in India. With over 100 years of presence in India, it is a leading player in the power transmission and distribution business.

It is a mid-cap company having a predominant presence in all stages of the power supply chain and offers a wide range of products and related services that include power transformers, circuit breakers, gas-insulated switchgear, instrument transformers, substation automation equipment, digital software solutions, turnkey solutions for substation engineering and construction, flexible AC transmission systems (FACTS), high voltage DC (HVDC) and maintenance support.

Currently, the stock of the firm has been put under additional surveillance measures by the stock market regulator SEBI.

Disclaimer

This article is for information purposes only and not a recommendation to buy, sell or hold a stock. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to consult with certified experts before making any investment decision.