These 4 BSE 500 Companies Gave Over +90% Returns in 2022 Amid the Bear market!

  • Market Overview
  • Editors Pick

The Indian stock market is currently going through a pessimistic phase where the major market indexes are getting continuously hammered. The BSE benchmark, Sensex , has declined around -10% in 2022 YTD. On the other hand, the S&P BSE 500 has corrected by -9.39% so far this year.

However, amid all the crashes and bear markets, there are some BSE 500 companies that have generated good returns for their shareholders. Here’s the list of the top 4 BSE 500 companies that gave over 90% returns in 2022 so far:

Adani Power (NS: ADAN )

Adani Power Ltd is an Indian power and energy company, a subsidiary of Indian conglomerate Adani (NS: APSE ) Group. The Adani Power is the top gainer among BSE 500 stocks. Its price has risen by 210.22% so far in 2022. The stock recently reached its 52-week high of Rs 314.30.

Adani Power’s consolidated net profit jumped to Rs 4,645.47 crore in the March quarter from Rs 13.13 crore in the year-ago period, mainly on the back of higher revenues.(Source: Trade Brains)

(Source: Trade Brains)

Swan Energy (NS: SWAN )

Swan Energy is a textile stock that is a manufacturer and marketer of cotton and polyester textile products in India. The stock currently trades at a share price of Rs 286 and has given a return of 95.82% so far in 2022.

MRPL (NS: MRPL )

The shares of Mangalore Refinery & Petrochemicals Ltd (MRPL) have given a return of 90.64% this year in 2022, moving from a price of Rs 43.75 at the start of the year to the current price of Rs 83.50. It is a division of Oil and Natural Gas (NS: ONGC ) Corporation which is under the ownership of the Ministry of Petroleum and Natural Gas of the Government of India.

Bharat Dynamics (NS: BARA )

Bharat Dynamics is a midcap defense stock listed on BSE and NSE. Its price has risen by 90.47% in 2022 after exchanging MoU with a UAE firm to explore new business opportunities. On February 2, 2022, the company signed a contract worth Rs 3,131.82 crore with the Indian Army. The stock is currently trading at a share price of Rs 742.35 and the stock has hit a new all-time high.

Disclaimer: The Stocks mentioned in this article are not recommendations. We advise users to check with certified experts before taking any investment decisions.

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  • Himanshu Bansal @Himanshu Bansal
    plz suggest on coal india
    Like 1
  • Jay Malhotra @Jay Malhotra
    which is better? Adani power or Tata Power?
    Like 1
    • Ajay Porwal @Ajay Porwal
      tata
      Like 0
    • PADAM KUMAR JAIN @PADAM KUMAR JAIN
      TATA POWER
      Like 0
    • PADAM KUMAR JAIN @PADAM KUMAR JAIN
      SAIL AT CURRENT RATE OR BELOW START ACCUMULATITING . HOLDING ABOUT 30000 SHRES , ALS HOLDING ABOUT 1200 SHARES .
      Like 0
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