Five stocks made investors rich in 2019? Share Market News.




Which five stocks made investors rich in the year 2019?

The year 2019 has been a year of crisis for India's non-banking finance sector. Even after this, Manappuram, the number two gold financing company of the country, has made great progress and has made a big contribution in increasing the money of the investors of the country. Manappuram Finance was the highest wealth generating company in the list of ET 500 companies with a market capitalization of over Rs 5,000 crore.


Manappuram is a large gold loan business in South India. The demand for the gold loan of this finance company has increased considerably in the midst of the cash crisis in the rural economy. In the last year, its stock has made investors around 100 per cent.


PI Industries is a large contract manufacturing company for the world's largest agro chem companies. This company stood second in terms of increasing the wealth of investors. The stock of PI Industries has given returns up to 83% in a year. Improvement in a global agro cycle and stalled business in many Chinese companies have helped PI Industries to increase business.


Abbott India ranked third in terms of earning its investors. It is the largest multinational pharma company in India. Its stock has given 77 per cent return in a year. The volume of Gujarat-based gas distribution company ranked fourth, also registered a significant increase, as industries have been asked to use gas instead of coal due to environmental concerns. Gujarat Gas shares rose up to 70.4 per cent.


India's second-largest footwear company Relaxo got the benefit of reducing the GST rate from 18 per cent to 5 per cent for products between Rs 500 and Rs 1,000 apart from store expansion. The share of Relaxo has increased by 69.5 per cent in the year 2019.



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