In 2006, the stock markets saw a mix of ups and downs, though the general trend has remained buoyant and markets continued to go north. There have been a few real gems that have provided excellent returns in the last one year. Some of the prominent ones out of these are listed below, along with their approximate returns:
- Unitech (5000%)
- BF Utilities (600%)
- Indiabulls (240%)
- Bombay Dyeing (160%)
- Alstom Projects (140%)
If anyone was invested in these stocks, that person would have laughed his way to the bank with the gains. Generally, stocks that tend to do well for longer runs are the ones where the money should be invested.
A lot of sites today provide comparative analysis tools, along with some nifty stuff including PE comparisons et al. The investment decision needs to be based on a blend of fundamental and technical analysis. If we look at the stock price movement of these companies, it would show us an interesting story.
