- Date : 19/08/2022
- Read: 3 mins
Indian Stock Market introduced trading in 1855, while the Bombay Stock Exchange was founded in 1986. There has been a drastic shift in the stock price of major companies in the Indian stock market since 1947.
Indian Stock Market introduced trading in 1855, while the Bombay Stock Exchange was founded in 1986. There has been a drastic shift in the stock price of major companies in the Indian stock market since 1947. There are many factors that affect the Indian share market. Here is the list of 5 top-performing stocks since 1947.
1. Reliance Industries
Founded by Dhirubhai Ambani, Reliance Industry, with its headquarters in Mumbai, includes a variety of businesses ranging from telecommunications to textiles. In 1977, one of its subsidiaries, Reliance Textile Industries, was responsible for spreading the craze of equity across the country by its initial public offer, or IPO. The first and only Indian company (under private ownership) to be featured in the Fortune Global List in 2004, its current market price stands at ₹2,632.00, having an all-time high of 4,865.10%, after climbing from 53.0. The company showed its brilliance by recently surpassing the $10 trillion market capitalisation threshold, making it one of the best shares to invest in.
2. Hindustan Unilever Limited
A subsidiary of a British origin company, Unilever, HUL, was established in 1931 as a consumer goods industry. It has around 44 products in 14 different brands and has become a household name. The company organised its first public offering in July 1995, and since then, its shares have increased remarkably, from 166 INR to its current value at 2591.00 INR in the market, showing an all-time high of 1460.84%. That means, if a person had bought shares worth 1,00,000 INR, it would have risen to a significant amount of 15,60,000 INR.
It is a product company of Indian origin, dealing with various items of accessories such as jewellery, eyewear and watches. With its headquarters in Bangalore, the company has been increasing the variety of stuff it manufacturers, from watches to jewellery and eyewear. It has been a fantastic performer in its sector, seeing high growth and its stock price appreciated in the last five years at 32%. Since 2004, when its stock price was ₹4.27, it has increased up to ₹2,472.60, 57,806.32% being its all-time high growth. It is one of the top performing stocks, as a 1 lakh INR investment in its shares, in the beginning, would have turned to approximately 5,79,00,000 INR.
A multinational information technology company of India, Tata Consultancy Services has its headquarters in Mumbai. It was founded in 1968 and is known worldwide as one of the most valuable IT services. An Initial Public Offer was made in July 2004 by TCS, with the share price being 120.33 INR; years later, it has increased to ₹3,402.00. Its investors enjoy an incredible 2,737.23% all-time high.
A multinational company of Information Technology of Indian origin, it was founded in 1981 and had its headquarters in Bangalore. After TCS, it is the second largest Indian IT company according to revenues. In February 1993, Infosys made an initial public offer of ₹11.59 as its stock price, which has since grown to ₹1,593.75. The company enjoys 13,651.08% as its all-time growth, and it is currently one of the most valued stocks.
Disclaimer: This blog is just for education purposes and should not be considered a piece of expert advice. All finance schemes are subject to market risk; hence investments should be made at your own risk.