Elgi Equipments, JK Paper: Strategy for stocks that have doubled in 2022

Bharat Dynamics, JK Paper and Hindustan Aeronautics have surged over 100 per cent, while Elgi Equipments and Schaeffler India are just shy from doubling the investor's wealth so far in 2022.

The Indian stock market has been on a roller coaster ride so far in 2022, despite the overall volatility few stocks have doubled investor’s wealth during this period. Among indivdual stocks, Adani group holds the king’s throne by delivering the most thrilling and overwhelming returns, up to 3-fold in as less as six months time period.

For instance, Adani Power has zoomed 314 per cent, while Adani Enterprises, Adani Transmission and Adani Total Gas soared over 100 per cent each.

Other than the Adani gourp stocks, select mid- and smallcap stocks have also outperformed the benchmark indices. Shares of