The highest return stocks over the last month in India demonstrate the potential for significant investment gains. Spanning diverse industries, these stocks reflect the dynamic nature of the June 2024 market, presenting investors with exciting investment opportunities.
Highest Return Stocks in June 2024
| Stock Name | % Gains |
| Garden Reach Shipbuilders and Engineers (GRSE) | 53.5 |
| Fertilisers & Chemicals Travancore (FACT) | 45.88 |
| India Cements | 43.89 |
| Amara Raja Energy & Mobility (ARE&M) | 41.03 |
| JK Paper | 40.84 |
Introduction to Highest Return Stocks in June 2024
Garden Reach Shipbuilders and Engineers (GRSE)
Defence PSU GRSE saw a 53.5% stock surge in June due to a deal with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany for constructing four multi-purpose vessels, valued at approximately USD 54 million, to be completed in 33 months.
Fertilisers & Chemicals Travancore (FACT)
FACT shares rose 45.88% in June, crossing Rs 1,000 on June 21, 2024, driven by anticipation of a GST cut on fertilizers. Profit booking occurred after the GST Council deferred the exemption decision to the Group of Ministers.
India Cements
India Cements gained 43.09% in June, primarily in the last week, following UltraTech Cement Ltd.’s announcement to acquire a 23% equity stake, boosting investor confidence in the company’s future prospects.
Amara Raja Energy & Mobility (ARE&M)
Amara Raja Energy & Mobility shares rose 41.03% in June, propelled by a technical license agreement with Gotion’s subsidiary for lithium-ion phosphate technology, accelerating the development of its Gigafactory and instilling investor confidence.
JK Paper
JK Paper shares increased by 40.84% in June due to projected higher volume growth in the paper and boards segment for FY25 and the GST Council reducing GST on paper boxes from 18% to 12%, lowering packaging material costs.
Highest Return Stocks Last 1 Month India – FAQs
Best Highest Return Stocks In Last 1 Month #1: Garden Reach Shipbuilders and Engineers (GRSE)
Best Highest Return Stocks In Last 1 Month #2: Fertilisers & Chemicals Travancore (FACT)
Best Highest Return Stocks In Last 1 Month #3: India Cements
Best Highest Return Stocks In Last 1 Month #4: Amara Raja Energy & Mobility (ARE&M)
Best Highest Return Stocks In Last 1 Month #5: JK Paper
The top highest return stocks over the last month have typically included companies in sectors like defense shipbuilding, chemicals & fertilizers, cement & building materials, and energy & mobility solutions. These stocks have outperformed due to government initiatives, rising demand, and strategic industry advancements.
To invest in the highest return stocks from the last month, start by researching these top performers. Evaluate their financial health, industry trends, and future growth potential. Consult financial advisors, use online brokerage platforms, and diversify your portfolio to mitigate risks while aiming for high returns.
Yes, investing in the highest return stocks from the last month in India can be lucrative. However, it’s crucial to assess current market conditions and potential future growth to ensure these recent performers align with your investment strategy and risk tolerance.
Investing in the highest return stocks from the last month in India may offer substantial growth potential however, it’s important to evaluate whether their recent performance can be sustained given current market conditions, ensuring a prudent investment decision.
Disclaimer: The above news is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
