Adani Power Company of Adani Group has given good returns to investors in 2022. The company announced results for the second quarter of 2022-23 on November 11. The company’s profit increased by 201 percent during this time.. Rs. 695.53 crores. And the stock also increased by more than 200 percent. That is in this one year. Adani Power’s share, which traded at Rs.107 at the beginning of this year, reached Rs.323.45 by November 27. Investors became millionaires within one year.
Adani Enterprises Limited (Adani Enterprises Limited)..
Adani Enterprises Limited, another company of Adani Group, has also delivered huge profits in 2022. The share price reached record highs. This stock has increased by more than 134 percent in a single year. At the beginning of this year, the share price of Adani Enterprises was at Rs.1711, but now it is at Rs.3,903 on November 27.
Algae Equipments Limited
The share price of Algae Equipments Limited has gained 126.7 percent in the year alone. At the beginning of 2022 Algae share was at Rs.215.. Now it has reached to Rs.485. Experts say that there are indications that this stock will increase further in the coming days.
Share price of Renuka Sugars has risen to a record high this year. This company is making profits mostly based on exports. In the year 2022, the share of Renuka Sugars increased by more than 104 percent. Earlier this year Rs. 28, the share price has now reached Rs.58. There are signs of further increase in the future.
Deepak Fertilizers and Petrochemicals Corporation Limited
The share of Deepak Fertilizers and Petrochemicals Corporation Limited also rained money on investors this year. A 100 percent profit was made. At this time, the share price rose from Rs.382 to Rs.803.
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