The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But when you pick a company that is really flourishing, you can make more than 100%. For instance, the price of India Tourism Development Corporation Limited (NSE:ITDC) stock is up an impressive 154% over the last five years. Also pleasing for shareholders was the 15% gain in the last three months. But this could be related to the strong market, which is up 9.5% in the last three months.
Since the stock has added ₹4.9b to its market cap in the past week alone, let’s see if underlying performance has been driving long-term returns.
View our latest analysis for India Tourism Development
While the efficient markets hypothesis continues to be…