In late 2024 and early 2025, several Indian stocks were sitting at uncomfortable levels. Volumes were thin, earnings visibility was poor, and sentiment was weak. Prices hit fresh 52-week lows, and attention moved elsewhere. What followed over the next few quarters is that results improved. Capital plans were announced, orders, fundraises, and operational updates began to stack up in exchange filings. Prices reacted gradually, then decisively.
By December 2025, several stocks have risen more than 100% from their 52-week lows. Some are now trading close to their yearly peaks. Others have cooled off after sharp runs.
Here are some of the stocks that doubled from their 52-week lows:
Multi-Commodity Exchange of India (MCX)
Multi Commodity Exchange of India (MCX) hit its 52-week low of Rs 4,408.15 on 28 December 2024, when commodity trading activity was weak, and earnings momentum had slowed. As FY26 progressed, participation across futures and options picked up sharply.
The impact showed up in numbers. In Q2 FY26, MCX reported revenue of Rs 374.23 crore, up 31% year on year, while net profit rose 29% to Rs 197.47 crore. Average daily turnover crossed Rs 4.11 lakh crore, up 103% from last year. A 1:5 stock split, approved with a record date of 17 December 2025, added to interest.
The stock reached its 52-week high of Rs 10,847 on 20 December 2025. As of 23 December 2025, it was trading at Rs 10,845, effectively at the same level. From low to high, MCX rose 146%.
Hindustan Copper
Hindustan Copper hit its 52-week low of Rs 183.82 on 1 April 2025, when copper prices were under pressure.
As prices improved, earnings followed. Q2 FY26 revenue rose 39% to Rs 718 crore, while net profit jumped 83% to Rs 186 crore. Profit before tax stood at Rs 249 crore. The company also outlined plans to raise production capacity to 12.2 million tonnes per annum by FY31, backed by a Rs 2,000 crore capital programme.
The stock reached its 52-week high of Rs 408.90 on 18 December 2025. As of 23 December, it was trading near Rs 407, about 0.5% below the peak. From low to high, the gain stood at 122%.
Laurus Labs
Laurus Labs bottomed out at Rs 501.15 on 9 January 2025, during a prolonged weak phase for pharma companies. Margin pressure and muted earnings had weighed on the stock.
The recovery followed a sharp improvement in profitability. Q2 FY26 revenue rose 35% to Rs 1,653 crore, while net profit jumped to Rs 195 crore, a rise of 885% year on year. EBITDA margins expanded to 24.4%. Alongside the numbers, Laurus disclosed a joint venture with KRKA Pharma, committing Rs 105 crore, and approved a Rs 120 crore investment in Laurus Bio, with an additional Rs 40 crore co-investment to expand fermentation capacity.
The stock reached a 52-week high of Rs 1,070 on 19 December 2025 and was trading near Rs 1,060 on 23 December, about 0.9% below its peak. From low to high, the gain stood at 113%.
FIEM Industries
FIEM Industries touched its 52-week low of Rs 958 on 3 April 2025, when concerns around auto demand weighed on ancillary stocks.
As volumes improved through FY26, FIEM’s numbers stayed steady. Q2 FY26 revenue rose 17% to Rs 715 crore, while net profit increased 28% to Rs 64 crore. The automotive segment delivered a PBIT margin of 12.3%. During the year, the company also opened a new R&D centre and liaison office in Japan, expanding its overseas presence.
The stock reached its 52-week high of Rs 2,450 on 16 September 2025. As of 23 December 2025, it was trading near Rs 2,386, about 2.6% below the high. From low to high, FIEM rose 156%.
Knowledge Marine & Engineering Works (KMEW)
Knowledge Marine & Engineering Works (KMEW) hit its 52-week low of Rs 846 on 21 March 2025, when execution visibility was limited.
Momentum changed in September after the company raised Rs 284.81 crore through a preferential issue led by Convergent Finance LLP. KMEW also outlined a Rs 750 crore capex plan over the next two to three years and disclosed a Rs 2,000 crore bid pipeline across dredging and marine infrastructure.
The stock surged to a 52-week high of Rs 2,599.90 on 12 September 2025, before cooling off. As of 23 December 2025, it was trading near Rs 1,916, about 26% below the peak. From low to high, the rise stood at 207%.
AIA Engineering
AIA Engineering touched its 52-week low of Rs 1,801 on 5 February 2025, amid muted industrial demand.
The recovery here was gradual. Q2 FY26 revenue remained flat at Rs 1,048 crore, but net profit rose 8% to Rs 277 crore as expenses declined 1.4%. Exchange filings during the year included order updates and routine compliance disclosures.
The stock reached a 52-week high of Rs 3,960 on 28 November 2025 and was trading near Rs 3,918 on 23 December, around 1.1% below the peak. From low to high, the gain was 120%.
BSE
Bombay Stock Exchange (BSE) followed a similar recovery path over the past year, helped by a sharp rise in core exchange revenues. The stock hit its 52-week low of Rs 1,227.33 on 11 March 2025. BSE went on to touch its 52-week high of Rs 3,030 on 10 June 2025. At the time of writing report the stock was trading on the BSE at Rs 2,728.20, down 1.70% on the day and about 10% below its 52-week high.
The recovery was backed by stronger operating performance. In the July–September quarter of FY26, BSE reported 44% year-on-year growth in revenue from core operations to Rs 1,068 crore, compared with Rs 740.7 crore in the same quarter last year, according to consolidated financial statements filed with the exchange on 11 September 2025.
Investment income remained largely unchanged at Rs 65.69 crore in Q2 FY26, compared with Rs 65.61 crore a year earlier, indicating that the earnings improvement was driven primarily by exchange operations rather than treasury gains.
From its March low to its June peak, the stock rose 147%, before cooling off and settling into a narrower trading range.
