4 Electricals Sector Stocks Gained Up To 400 Percent In 2021

The growing urbanization trend, along with a sharp increase in infrastructure spending, bodes well for India's electrical sector. Several stocks in the industry are expected to beat the market, with some of the top gainers gaining more than 416.67 percent in just 2021.

Pan Electronics

For the past three years, the company has posted a negative return on investment (ROI). Pan Electronics India Ltd., founded in 1982, is a Small Cap business in the Electric/Electronics sector with a market capitalization of Rs 11.78 crore. The company spent Rs 2.26 crore on investing activities, a rise of 846.62 percent year over year.

Pan Electronics' stock price has risen by an astonishing 390 percent so far in 2021. The stock had a one-year return of 292 percent.

Tamilnadu Telecommunications

Tamilnadu Telecommunications, founded in 1988, is a Small Cap business in the Cables sector with a market capitalization of Rs 49.11 crore. For the fourth quarter in a row, the company has lost Rs 2.74 crore. The stock returned 1089.47 percent over three years, compared to 43.89 percent for the Nifty Smallcap 100.

The stock price of Tamilnadu Telecommunications has soared by an incredible 411 percent so far in 2021. The stock returned 551 percent in a year.

Hindusthan Urban Infrastructure

Hindusthan Urban Infrastructure, founded in 1959, is a Small Cap business in the Electric/Electronics sector with a market cap of Rs 815.23 crore. In the fiscal year ended March 31, 2021, the company spent 7.58 percent of its operating revenues on interest charges and 4.93 percent on labor costs. Over a three-year period, the stock returned 548.39 percent, compared to 43.89 percent for the Nifty Smallcap 100 and 51.81 percent for the S&P BSE Industrials.

So far in 2021, the stock price of Hindusthan Urban Infrastructure has risen by an amazing 280.38 percent. In a year, the stock increased by 553.62 percent.

Olectra Greentech

Olectra Greentech, founded in the year 2000, is a Small Cap business in the Electric/Electronics sector with a market cap of Rs 3,105.52 crore. Revenue fell by 70.7 percent on a quarter-over-quarter basis, the lowest level in the last three years. The stock returned 35.83 percent over three years, compared to 43.89 percent for the Nifty Smallcap 100. Over a three-year period, the stock had a 35.83 percent return, compared to 51.81 percent for the S&P BSE Industrials.

So far in 2021, the stock price of Hindusthan Urban Infrastructure has risen by an amazing 186.85% percent. In a year, the stock increased by 470.23% percent.

4 Electricals Sector Stocks Gained Up To 400 Percent In 2021

Stocks	Gains (YTD)
Tamilnadu Telecommunications	411.90%
Pan Electronics	366.67%
Hindusthan Urban Infrastructure	286.34%
Olectra Greentech	201.18%

Disclaimer

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, the author, and the brokerage houses are not liable for any losses caused as a result of decisions based on the article.