Top 5 PSU Stocks That Doubled Investors' Wealth In 1 Year; Check List Here

In the short to medium term, the majority of experts are bullish on public sector stocks. In the past 1 year, PSU stocks have jumped, beating the benchmark. Here we have listed the top 5 PSU stocks that increased by more than 200% or doubled investors money in the previous 1 year.

1. Mazagon Dock Shipbuilders Ltd.

The shares of Mazagon Dock on Monday closed at Rs 2,196.55 apiece, down 3.11% from its previous close. The stock has fallen 3.28% in the past 1 week. The stock has given 408.93% multibagger return in the past 1 year. It has given 755.19% robust return in the past 2 years.

Mazagon Dock stock's 52-week high is Rs 2,483 apiece and the 52-week low is Rs 412.45 apiece. The stock has a market valuation of Rs 6,645.33 Crore

Mazagon Dock Shipbuilders is Miniratna Category-1 CPSE under the Ministry of Defence, Govt. Of India. It is a midcap defence company. Mazagon Dock Shipbuilders is a prominent shipyard in India. The company has evolved into a renowned shipbuilding company since its inception.

2. Rail Vikas Nigam Ltd. (RVNL)

RVNL is the second PSU Stock on the list that more than doubled the investors' money in 1 year. On Monday, RVNL shares last traded at Rs 165.30 apiece, down 2.96% from its previous close on the BSE.

The stock surged 162.76% robust return in 6 months, however, it declined 12.77% in 1 week. The stock has given 388.33% multibagger return in 1 year. While in 2 years, it gave 449.17% positive return. In 3 years, it gave 674.24% strong return.

The stock recorded its 52-week high at Rs 199.35 apiece and 52-week low at Rs 32.80 apiece, respectively. It has a market cap of Rs 34,4675.38 Crore.

RVNL is Midcap Navratna CPSE under the Ministry of Railway, Govt. Of India. The company is engaged in the business of implementing various types of Rail infrastructure projects assigned by MoR.

3. Indian Railway Finance Corporation Ltd. (IRFC)

IRFC is the third PSU Stock on the list that doubled the investor's money in 1 year. On Monday, IRFC shares closed 3.34% lower at Rs 76.58 apiece on the BSE.

The stock has fallen 9.64% in the past 1 week. The stock has given robust returns above 100% in 3 and 6 months. In 3 months, it gave 132.48% and in 6 months, it gave 184.05%. It gave 248.09% multibagger return in 1 year, and it gave 225.88% in 2 years.

The stock recorded its 52-week high at Rs 92.94 apiece and 52-week low at Rs 20.55 apiece. It has a market cap of Rs 1,00,078.62 Crore.

IRFC is a Schedule 'A' Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. of India. It is also registered as Systemically Important Non-Deposit taking Non Banking Financial Company (NBFC - ND-SI) and Infrastructure Finance Company (NBFC- IFC) with the Reserve Bank of India (RBI). It is a large-cap Railway sector PSU.

4. Cochin Shipyard Ltd.

The shares of Cochin Shipyard on Monday closed 1.50% lower at Rs 1,089.80 apiece on the BSE. The stock declined 9.30% in 1 week and gained 29.18% in 1 month. It gave 145.26% multibagger return in 6 months. It surged 184.14% in 1 year, 188.12% in 2 years, and 216.62% in 3 years, respectively.

The stock is trading near its 52-week high of Rs 1,258 apiece. Its 52-week low is Rs 374.50 apiece. The stock has a market valuation of Rs 14,335.27 Crore.

Cochin Shipyard Ltd. is a Miniratna Company under the Ministry of Ports, Shipping and Waterways, Govt. Of India. It is a leading company in the construction of all kinds of vessels, repairs, and refits of all types of vessels including periodic upgradation and life extension of ships. It is a midcap company.

5. Ircon International Ltd.

Ircon International's shares on Monday closed 1.99% lower at Rs 143.10 apiece on the BSE. The stock is 10.62% in the past 1 week, and gained 42.79% in 1 month. It gave 164.61% robust return in 6 months. In 1 year, it gave 252.03% multibagger return in 1 year, and 219.78% in 2 years, and 221.21% in 3 years.

The stock recorded its 52-week high at Rs 174.55 apiece and 52-week low at Rs 38.60 apiece. The stock has a market valuation of Rs 13,458.78 Crore.

Ircon International Ltd. is a Government of India Under the Ministry of Railways. It is a leading turnkey construction company in the public sector known for its quality, commitment, and consistency in terms of performance. It is a midcap company.

Disclaimer - The recommendations made above are by market analysts and are not advised by either the author or Greynium Information Technologies. The author or Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns. in advises users to consult with certified experts before making any investment decision.