Stocks for the long haul: Solid profit growth year after year, doubling of stock prices in 5 years
NEW DELHI: At least six companies from among the BSE500 basket have reported over 15 per cent profit growth for five consecutive years. That helped them double stock prices in the last five years. Three of these stocks are high on analysts radar.
And there could be more, as many of these companies are yet to announce their annual earnings.
The stocks are Lux Industries, Caplin Point Laboratories, HDFC Bank,
, Vaibhav Global and AstraZeneca.
Lux Industries reported a 52 per cent surge in FY21 profit…
