The previous 100 trading sessions have witnessed several headwinds in the form of Union Budget, monetary policy reviews by the Reserve Bank of India, worries over a rate hike by the US Federal Reserve and the latest rising concern over Brexit.
The previous 100 trading sessions have witnessed several headwinds in the form of Union Budget, monetary policy reviews by the Reserve Bank of India, worries over a rate hike by the US Federal Reserve and the latest rising concern over Brexit. During the period the benchmark BSE Sensex advanced 9 per cent to 26726.34 on June 15 from 24479.84 on January 19.
However, there are 43 stocks in the Bombay Stock Exchange that jumped over 100 per cent during the period. The list includes 11 stocks from sugar sector, 3 stocks from metal and IT sector and 2 each from film production, finance, pharma and textile sector.
The list shows, share price of Upper Ganges Sugar & Industries surged the most — 465 per cent in the past 100 trading sessions till June 15. It was followed by Store One Retail India, Ugar Sugar Works and Tata Metaliks which soared 361.03 per cent, 359.68 per cent and 308.58 per cent, respectively, during the period.
Sugar majors such as Oudh Sugar Mills, Uttam Sugar Mills, Kakatya Cement Sugar & Industries, Dharani Sugars and Mawana Sugars gained 282.94 per cent, 241.70 per cent, 240.88 per cent, 209.29 per cent, 200 per cent, respectively.
In the NBFC space, shares of Capital Trust and Manappuram Finance soared 143 per cent and 108 per cent to Rs 413.45 and Rs 57.65 on June 15 from Rs 170.20 and Rs 27.75 on January 19, respectively.
Textile stocks such as Riba Textiles and Gokaldas Exports surged 104.27 per cent and 115 per cent, respectively, in the past 100 trading sessions.
Moschip Semiconductor Technology, Ajel Ltd and Nettlinx rallied 170 per cent, 138.50 per cent and 120 per cent, respectively, in the information technology space.