Three Tech Stocks that Delivered Up to 1,629% Returns in the Pandemic

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Three Tech Stocks that Delivered Up to 1,629% Returns in the Pandemic

By Aditya Raghunath

Investing.com -- While the COVID-19 pandemic brought the global economy down to its knees, there were a few sectors that capitalized on the disruption that the pandemic caused. The stocks in the technology sector, in particular, surged as companies across the board had to work from home.

Here are three stocks in the tech space that helped companies stay on course, and delivered massive returns to their shareholders. These are not the usual suspects in the IT sector. These are names that Investing.com has covered in the past:

  1. Tanla Solutions Ltd (NS: TNSL )

Specialization: Telecommunications. Innovative use of blockchain in 2020 to reinvent itself,

Closing price on April 1, 2020: Rs 50.25

Closing price on March 23, 2021: Rs 869.05

Percentage gain: 1629.5%

  1. Intellect Design Arena Ltd (NS: INEE )

Specialization: Product builder for financial services firms including private banks, NBFCs, central banks, retail banks, and insurance companies

Closing price on April 1, 2020: Rs 57.1

Closing price on March 23, 2021: Rs 651.2

Percentage gain: 1040.5%

  1. Ramco Systems Ltd (NS: RMCS )

Specialization: Technology solutions for logistics, payroll, admin, finances, warehouses, and enabling companies to implement work-from-home.

Closing price on April 1, 2020: Rs 73.05

Closing price on March 23, 2021: Rs 576.4

Percentage gain: 689%

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    Like 0
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      • Comment Guidelines

      We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

      • Enrich the conversation
      • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
      • Be respectful. Even negative opinions can be framed positively and diplomatically.
      •  Use standard writing style. Include punctuation and upper and lower cases.
      • NOTE: Spam and/or promotional messages and links within a comment will be removed
      • Avoid profanity, slander or personal attacks directed at an author or another user.
      • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
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  • Sudhanya Jena @Sudhanya Jena
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    Like 0
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