Small and Retail Investors always look for an opportunity to invest in some quality stocks which can, not only provide them handsome return but also ensure the significant appreciation to the share price in short to medium term. Most of the time these investors come to Stock Brokers and Investment Advisors asking them the same question repeatedly that which share will double in One year? There are hundreds of such shares which are likely to appreciate significantly in the next 12 months, but here we will discuss about investment in one such share which is likely to rise significantly in the next one year and may also double your investment in next one year.
Which Share will Double in One Year?
Yes Bank Ltd is one such share which has the potential to double in net one year. This share has already appreciated more than 20% in the last one week when we advised our readers to buy the same at around Rs.17 on 7th December 2022. From 7th December to 12th December,price of the Yes Bank share has gone up from 17 to 21, giving a handsome appreciation of more than 20% within a week.is an attractive buy at its current market price of around Rs. 21. This share still has lot of potential and should be purchased at its current market price. Investors should also buy this share whenever there is big fall or crash in the market in order to maximise their return on investment.
Banking Sector is witnessing unprecedented growth in the coming time. Union Budget 2023 is likely to give further momentum to the growth of the Banking Sector when it will announce measures to boost the infrastructure sector in the country. Infrastructure development can not happen without further credit growth and banking sector is going to be the major beneficiary for the same.
Disclaimer :
Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the market expectations from the Budget 2023. Investors are advised to take into consideration all these factors before making any investment in Capital Market.
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