Five Capital Goods Stocks With Highest Returns On YTD Basis

With the market expectations rising from the new government to revive the economy, investors are on a buying spree and have shown their interest in the capital goods segment. Here we give you the top five capital goods stocks that have given the highest returns on a Year to Date (YTD) basis.

Suzlon energy: Suzlon energy has given substantial returns of 173.56% in this quarter ended Mar’14. Its net profit increased to Rs 1123.73 crore in Mar’14, from a loss of Rs 673.02 crore in Dec’13. Company’s topline increased to Rs 1008.24 crore in Mar’14 from Rs 507.39 crore in Dec’13.

Bharat electronics: Its topline increased to Rs 3131.10 crore in Mar’14 from Rs 1201.42 crore in Dec’13.  Its net profit also increased to Rs 663.24 crore in Mar’14, from Rs 191.74 crore in Dec’13. It has given a return of 79.53 %.

AIA Engineering: The company’s topline increased to Rs 476.61 crore in Mar’14 from Rs 454.79 crore in Dec’13. Bottomline increased to Rs 95.10 crore in Mar’14 from Rs 56.69 crore in Dec’13. It has recommended a dividend of Rs 6 on face value of Rs 2 (300%). It has given a return of 62.42%.

Larsen & Toubro:  L&T’s topline increased to Rs 200791 crore in Mar’14 from Rs 14387.51 crore in Dec’13.Bottomline increased by 69% to Rs 2723 crore in Mar’14 from Rs 1204 crore in De’13 (QoQ). The company has recommended a dividend of Rs 14.25 per share. It has given a return of 54.16%.

Crompton Greaves: The Company’s topline increased to Rs 2036.65 crore in Mar’14 from Rs 1867.65 crore in Dec’13. Bottomline decreased to Rs 126.12 crore in Mar’14 from Rs 135.54 crore in Dec’13. It has given a return of 51.83%.