Nifty 50 Stocks With 1-Month High Return (2024)

Last Updated on May 23, 2024 by Aishika Banerjee

Knowing the Nifty 50 top gainers can help an investor gain insight into which sectors have performed exceptionally well. Using one-month high-return stocks as a parameter, an investor can identify companies that have outperformed the market recently.
In this article, we have generated a list of the best performing stocks with a one-month high return using Tickertape Stock Screener.

Table of Contents

Nifty 50 stocks with 1-month high return

Top-Performing Nifty 50 StocksSub-SectorMarket Cap (Rs. in cr.)Close Price (Rs.)PE Ratio (%)1M Return (%)
Divi’s Laboratories LtdLabs & Life Sciences Services1,06,251.144,002.4058.2715.40
Hindalco Industries LtdMetals – Aluminium1,44,148.39644.4014.2813.66
Eicher Motors LtdTrucks & Buses1,25,879.404,597.4043.2012.58
Axis Bank LtdPrivate Banks3,59,942.891,165.9013.6810.18
State Bank of IndiaPublic Banks7,37,396.06826.2513.258.75
Bharti Airtel LtdTelecom Services7,85,923.101,322.3094.178.44
NTPC LtdPower Generation3,52,182.91363.2020.828.35
JSW Steel LtdIron & Steel2,14,948.23882.2051.876.81
Tata Steel LtdIron & Steel2,05,978.27165.0023.516.62
Mahindra and Mahindra LtdFour Wheelers2,58,323.932,156.3525.136.40

Note: The data is from 30th April 2024. The above list of high return stocks is derived from Nifty 50 using Tickertape Stock Screener. The following filters are used to identify best performing stocks in India –

  • Stock universe – Nifty 50
  • 1-month return – Sorted from Highest to Lowest

🚀 Pro Tip: Utilise Tickertape’s Market Mood Index to gauge market sentiment and make informed investment decisions based on real-time market data and trends.


Confused about which Nifty 50 stocks to pick? Consider these smallcases instead

Let’s explore what is a smallcase first.

smallcases are modern investment products that help investors easily build a low-cost, long-term and diversified portfolio. A smallcase is a basket of stocks/ETFs representing a theme, idea or strategy. Investors looking to align their investments sector-wise can consider smallcases. Every smallcase is created and managed by SEBI-registered managers.

Investors interested in Nifty stocks can consider the Smart Index Advantage smallcase, managed by Green Portfolio. This smallcase invests in the top 10-12 Nifty stocks.

Smart Index Advantage smallcase by Green Portfolio

Investors can also consider the NIFTY PROBABLES smallcase managed by PVR Advisory. This smallcase is a collection of stocks that have the potential to enter into Nifty 50 index in the next 5-10 years.

NIFTY PROBABLES smallcase by PVR Advisory

Note: The smallcases are mentioned only for educational purposes and are not meant to be recommendatory. Investors must conduct their own research and consult a financial expert before making any investment decisions.

About the Highest 1-Month Return Stocks

Divi’s Laboratories Ltd

Divi’s Laboratories Limited sells and manufactures active pharmaceutical ingredients (APIs) and Intermediates. Its products include Generic APIs, Intermediates, Peptide Building Blocks and Carotenoids. The revenue growth for the company has been consistent and significant. Over the last 5 years, the company has seen a yearly revenue growth of 15.16%, higher than the industry average of 15.02%. Additionally, the company’s market share has grown from 37.72% to 46.1%, in the past 5 years. The Tickertape Scorecard reflects a positive score of 8.1/10 in terms of profitability, which is higher among the best Nifty 50 stocks in this category, making it one of the highest return stocks in the last 1 month in India on our list.


Hindalco Industries Ltd

Hindalco Industries Limited is engaged in the production of aluminium and copper. It is an Indian aluminium rolling company. Over the last 5 years, this large-cap metal company has experienced revenue growth at a yearly rate of 13.64%, higher than the industry average of 12.97%. The company’s market share has also increased from 89.99% to 92.51%, over the last 5 years. Furthermore, the company’s net income has also grown at a yearly rate of 10.67%, over the past 5 years. This is also higher than the industry average yearly growth rate of 7.48%.

Eicher Motors Ltd

Eicher Motors Limited (EML) is an Indian holding company that manufactures automobile products and related components. This large cap automobile company operates in business verticals, including motorcycles and commercial and personal utility vehicles. The company’s yearly revenue growth rate has been 10.07% over the past 5 years. The company’s market share has also increased from 22.95% to 25.5%, over the past 5 years. The Tickertape Scorecard also reflects a positive profitability score of 7.8/10, which shows good efficiency and profitability. Among the auto stocks listed in NSE, this auto company is one of India’s highest return stocks in the last 1 month.

Axis Bank Ltd

Axis Bank Limited (the Bank) provides an array of corporate and retail banking products. The bank’s segments include treasury, retail banking, corporate/wholesale banking, and other banking businesses. The company has observed revenue growth at a yearly rate of 12.67%, over the past 5 years, which is higher than the industry average of 12.11%. The company’s market share has also increased from 13.06% to 13.49%, over the past 5 years. The Tickertape Scorecard observes a positive score of 7.7/10 in terms of profitability, reflecting good signs of efficiency and profitability, making the bank one of the top 1 month high return stock on our list.

State Bank of India

State Bank of India is an Indian multinational public sector bank providing products and services to personal and commercial enterprises, large corporations, public bodies, and institutional customers. This large-cap stock has a score of 6.6/10 in profitability on the Tickertape Scorecard. A closer analysis shows a high net profit margin of 7.9%. The stock is also underpriced and not in the overbought zone right now, making it ideal for investors to consider.

Bharti Airtel Ltd

Bharti Airtel Limited is an Indian telecommunications company that provides voice and data telecommunication services through wireless as well as fixed line network and broadband technology. The company has observed revenue growth at a yearly rate of 10.46%, over the past 5 years. This is higher than the industry average of 7.67%. The market share of the stock has also increased from 58.46% to 66.44% over the past 5 years. The Tickertape Scorecard reflects good signs of profitability and efficiency, with scores of 7.8/10. This largecap telecommunication company is one of the potentially best stocks to buy for 1 month in India, according to it’s past 1 month returns.

NTPC Ltd

NTPC Limited is an Indian holding company that generates electricity. The Company is engaged in generating and selling bulk power to state power utilities. The company has observed a revenue growth of 13.79% yearly over the past 5 years. This is also higher than the industry average of 12.11%. The company’s market share has also increased from 63.03% to 65.96%, over the past 5 years. The company’s current ratio is 77.98%, which is also higher than the industry average of 70.54%. The Tickertape Scorecard reflects a positive score of 7.5/10 in profitability.

JSW Steel Ltd

JSW Steel Limited is an Indian holding company that produces and distributes iron and steel products. Over the past five years, the company has observed revenue growth of 18.36% yearly. The company’s market share has also increased from 15.78% to 21.06%. The Tickertape Scorecard reflects a positive high score of 7/10 regarding profitability and efficiency.

Tata Steel Ltd

TATA Steel Limited is a diversified steel producer engaged in steel making, including raw material and finishing operations. The Indian holding company has observed an increase in market share from 30.27% to 30.79% over the past five years. The Tickertape Scorecard reflects a high score of 6.9/10 in terms of profitability and efficiency. According to its 1-month returns, the steel producer is one of the best stocks for one month’s investment.

Mahindra and Mahindra Ltd

Mahindra and Mahindra Limited is an Indian holding company that manufactures passenger cars, commercial vehicles, and tractors. Over the past five years, the company has recorded revenue growth at a yearly rate of 5.65%, higher than the industry average of 4.67%. The company’s market share has also increased from 20.03% to 20.82% in the past five years. The Tickertape Scorecard reflects a high score of 6.8/10 regarding efficiency and profitability.

Risks Associated With Higher Return Stocks

Investing in Nifty 50 stocks with high returns can be lucrative, but it comes with notable risks. Here are the primary risks associated with these high-performing stocks:

  1. Trading Above Intrinsic Value: One significant risk is that these stocks might be trading above their intrinsic value. When a stock’s market price exceeds its intrinsic value, it indicates it is overvalued. This situation often results from investor optimism and speculative trading. Overvalued stocks are prone to sharp corrections, leading to substantial losses for investors once the market adjusts to reflect the company’s true value.
  2. Shift in Market Sentiment: Market sentiment can shift rapidly, and stocks recently providing high returns can quickly fall out of favour. This shift can be triggered by various factors, including economic data releases, geopolitical events, or changes in industry dynamics. Even fundamentally strong stocks can experience significant price declines when sentiment turns negative. Investors in high-return stocks must be prepared for this volatility and the potential for sudden losses.
  3. Change in Government Policy: Government policy changes can have a profound impact on high-return stocks. For example, new regulations, tax law changes, or trade policy shifts can affect company profitability and investor sentiment. Stocks that perform exceptionally well under current policies may face headwinds if the regulatory or political environment changes. Investors need to stay informed about potential policy shifts that could impact their investments and be ready to adjust their portfolios accordingly.

Investing in the Nifty 50’s highest return stocks requires careful consideration of these risks. Knowing the potential downsides can help investors make more informed decisions and better manage their investment strategies.

How to Invest in Nifty 50 Stocks with Highest Returns?

Investing in Nifty 50 stocks is not a very involved process, you can go through the following steps to get a simplified idea of how to invest in them:

  1. Risk Tolerance Assessment: Understand your risk tolerance as NIFTY 50, though diverse, is still subject to market fluctuations. Ensure your risk profile aligns with this potential volatility.
  2. Sector Exposure Analysis: Examine the sector exposure within NIFTY 50 to see if it matches your investment objectives. Different sectors impact the overall performance differently.
    Individual Stock Performance Review: Investigate the performance of individual stocks in NIFTY 50, as each company has unique growth and stability factors.
  3. Market Conditions and Economic Outlook: Keep up with current market conditions and the broader economic outlook, as they greatly influence NIFTY 50 stock performance.
  4. Dividend Yields and Income Goals: If generating income is important, check the dividend yields of NIFTY 50 stocks to ensure they meet your income expectations.
  5. Portfolio Diversification: Consider how NIFTY 50 fits into your overall investment portfolio. Ensure a well-diversified portfolio across different asset classes for balanced risk and return.
  6. Use Tools to Conduct Market Research: Thorough analysis is essential before adding a stock to your portfolio. Tickertape offers a comprehensive array of research, analysis, and investing tools to help you make informed decisions. With the Tickertape Stock Screener, you can filter stocks based on over 200 filters and use pre-built screens to speed up your analysis.

Each stock page features a Scorecard that provides an in-depth look at the stock’s quantitative factors, including profitability, performance, entry and exit points, valuation, and growth. It also highlights potential red flags.

Research, analyse, and invest more efficiently with Tickertape. Become a Pro Member today! #TickertapeHaiNa

Conclusion

Monitoring the top gainers provides insights into sectors’ performance. With thorough research, investors can identify the trends behind high-return stocks, strategise their investment thesis, and capitalise on emerging trends. However, risk assessment is crucial; therefore, using Tickertape, you can carefully vet the stocks across 200+ technical and fundamental filters and make a well-informed decision.

Frequently Asked Questions on Nifty 50 Stocks

1. Which stock gives highest return in 1 month?

Here is a list of NIFTY 50 stocks sorted according to their one month returns:
NTPC Ltd
Divi’s Laboratories Ltd
Hindalco Industries Ltd
Eicher Motors Ltd
Axis Bank Ltd
State Bank of India
Bharti Airtel Ltd
JSW Steel Ltd
Tata Steel Ltd
Mahindra and Mahindra Ltd

Note: This data has been taken on the 30th April 2024.

2. Which Nifty 50 stock is best?

Here is a list of the top 10 Niftyu 50 stocks based on 5Y CAGR, sorted from highest to lowest:
Adani Enterprises Ltd
Tata Motors Ltd
Apollo Hospitals Enterprise Ltd
Tata Consumer Products Ltd
Bharti Airtel Ltd
Mahindra and Mahindra Ltd
Sun Pharmaceutical Industries Ltd
Adani Ports and Special Economic Zone Ltd
Tata Steel Ltd
Hindalco Industries Ltd

Note: The data of this list was acquired from the Tickertape Screener on 30th April.

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Harsh*t Singh

Content Strategist at Tickertape

Hey there, I’m Harsh*t Singh Mahey! With eight years of experience as a Content Strategist, I’ve had the pleasure of working with a Fortune 100 company and building three successful startups from the ground up.

As an investment fanatic, I’ve dabbled in early-stage startups, mutual funds, gold, stocks, smallcases, and real estate to identify which assets generate the highest ROI. At Tickertape, I’m dedicated to presenting my learning and providing insightful suggestions to help my readers make sound investment decision.

Latest posts by Harsh*t Singh (see all)

  • PE Ratio of Nifty 50 Stocks (2024) - May 23, 2024
  • Nifty 50 Stocks With 1-Month High Return - May 23, 2024
  • Best Stocks Under Rs. 20 in India (2024) - May 20, 2024
Nifty 50 Stocks With 1-Month High Return (2024)

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