YES Bank, Tata Power, ITC, Suzlon, Reliance Power shares: 6 out of 10 top retail stocks turned multibagger in 1 year

The Indian stock market has witnessed significant growth over the past year, with several stocks delivering impressive returns to their investors. Among the top 10 retail stocks that turned multibaggers within a period of one year, six companies are YES Bank, Tata Power, ITC, Suzlon, and Reliance Power.

Let's delve deeper into the performance of these six companies and the impact on their individual investor base:

1. YES Bank: YES Bank's stock price has surged by an impressive 54% over the past one year, with its share price rising from Rs. 15.05 to Rs. 23.20 as of now. This significant price increase has been a boon for the 49.10 lakh individual investors who collectively held a 22.11% stake in the bank at the end of the December quarter. The bank's strong financial performance and strategic initiatives have contributed to this growth.

2. Tata Power: India's largest integrated power company, Tata Power, has seen its stock price increase by approximately 53% over the past one year. The stock price rose from Rs. 135.55 to Rs. 205.55 during this period. With a market capitalization of over Rs. 75,000 crore, Tata Power has been a preferred choice for many investors due to its strong financials and growth prospects.

3. ITC: India's leading diversified conglomerate, ITC, has delivered a robust performance over the past one year, with its stock price increasing by around 38%. The stock price rose from Rs. 335 to Rs. 473 during this period. ITC's strong portfolio of businesses, including FMCG, hotels, and agribusiness, has contributed to its growth.

4. Suzlon: India's leading wind energy solutions provider, Suzlon, has seen its stock price more than double over the past one year, rising from Rs. 33 to Rs. 73. The company's focus on renewable energy and its strategic initiatives have driven this growth. With a market capitalization of over Rs. 7,500 crore, Suzlon has been a preferred choice for many investors looking for exposure to the renewable energy sector.

5. Reliance Power: India's leading power generation and infrastructure company, Reliance Power, has seen its stock price increase by around 55% over the past one year. The stock price rose from Rs. 38 to Rs. 58 during this period. The company's strong financials and growth prospects have contributed to this growth, making it an attractive investment option for many investors.

These six companies have not only delivered impressive returns to their investors but have also played a crucial role in boosting the confidence of individual investors in the Indian stock market. The strong financial performance and growth prospects of these companies have made them preferred choices for many investors, leading to a significant increase in their stock prices over the past one year.