Stocks that Doubled Constantly

Stocks that Doubled Constantly
Stocks that Doubled Constantly

by Tanushree Jaiswal Last Updated: Sep 07, 2023 - 05:09 pm 309 Views

When it comes to investing in a stocks which are not only fundamentally strong but also operationally so efficient that they have double themselves at a regular interval.

What to look for before investing?

Before investing these kind of stock one has be very keenly aware of the situation where the fundamentals of the stocks matter more than anything else which is hindering the company performance temporarily.
Because as there is a great saying in the stock market is that, “history Repeat itself”.

Overview of the Stocks

Stock name Aug-17 Aug-20 Aug-23  
Gujarat Themis Biosyn Ltd 42 180 804
Refex Industries Ltd 15 50 695
Tanla Platforms Ltd 33 240 1098
M K Exim (India) Ltd 2.73 7 99
Galaxy Bearings Ltd 17.6 160.65 1480
Maximus International Ltd 1.3 8 16.2


S.No. Name CMP Rs. P/E ROCE% Div Yld% Mar Cap Rs.Cr. As of FY'23 Mar Cap 3yrs back Cr. Mar Cap 5yrs back Cr.
1 Gujarat Themis Biosyn Ltd 803.25 20.15 61.14 0.67 1167.02 141.22 60.58
2 Refex Industries 674.2 11.97 48.06 0 1489.13 68.75 30.62
3 Tanla Platforms 967.1 26.93 37.91 1.03 12996.52 707.23 343.45
4 M K Exim India 113.25 16.72 36.63 0 304.77 15.01 5.74
5 Galaxy Bearings 1489.75 26.09 31.19 0 473.74 38.45 13.09
6 Maximus International 15.75 30.51 25.81 0 198.01 88.62 21.76


Business Overview of the Stocks

1. Gujrat Themis Biosyn

Business Overview

Pharmaceuticals and medical compounds are produced by the company. Themis Medicare Ltd., a joint venture business with Hungary's Gedeon Richter Ltd., actively manages it. GTBL collaborated financially and technically with the South Korean company Yuhan Corporation to launch the first commercial manufacture of the anti-tuberculosis medication rifampicin in India.

2. Refex Industries Ltd

Business Overview

Gases used as refrigerants, foam-blowing agents, and aerosol propellants are known as refrigerant gases.

Coal Ash Handling: The company provides power plants with services such as handling and disposing of fly ash, crushing uncrushed coal, and coal trading. 
Power Trading: Started supplying power customers, producers, state electricity boards, and distribution firms with electricity as well as other services. Since getting a Power Trading licence from the Central Electricity Regulatory Commission (CERC), this company has been operating since March 2022.

3. Tanla Platforms Ltd

Business Overview

A cloud communications service provider, Tanla Platforms Ltd (formerly Tanla Solutions Ltd), enables companies to interact with their clients and target audiences. Its main office is in Hyderabad, India. It is a supplier of an international A2P (application to person) messaging platform.

4. M K Exim (India) Ltd

Business Overview

Textile & Fabric: The company's textile operations include the production of ready-made clothing, such as jeans, shirts, skirts, and jackets, as well as blended suiting and shirting fabrics. The US, the Middle East, and Western African nations are its primary target markets.
FMCG Distributorship: This type of distributorship involves the sale of cosmetics, personal care, and hygiene items from well-known global companies.
The company's relief supplies division includes items including hygiene kits, kitchen sets, fleece and wool blankets, tents, plastic tarpaulins, plastic sleeping mats, and water purification tablets.

5. Galaxy Bearings Ltd

Business Overview

Since beginning to produce Taper Roller Bearings & Cylindrical Roller Bearings in 1990, Galaxy Bearings Limited has created a wide range of bearings to meet the needs of many market sectors in the automobile industry. 
Vinodrai Kansagara and Bharatkumar Ghodasara, who oversee the organization's general operations and have more than 30 years of combined expertise in the industry, lead GBL. For other bearing manufacturers such Action Construction Equipment Limited, Escorts Limited, Tritech Engineering Holdings Limited, and Delux Bearings Private Limited, GBL serves as a contract manufacturer.

6. Maximus International Ltd

Business Overview

Lubricants, lube base oils, and other petrochemical goods are produced and distributed by Maximus International for use in the paint and ink, automotive, metalworking, refrigeration, and electrical sectors, among others.


We have found that persons with better temperaments and more self-control typically have better long-term investing outcomes than those who are extremely intelligent and have in-depth understanding of accounting, finance, and even the fundamentals of the stock market.
Therefore, there is no reason why one cannot have extremely good profits from long-term investment as long as one is not overpaying for any company, keeping enough diversification, and avoiding overly speculative, loss-making enterprises.
Fact is the ordinary investor has a good chance of attaining long-term outcomes that outperform the market.

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About the Author

Tanushree is a seasoned professional with 6 years of experience in the Fintech and Edtech industry.


Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
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