Even as equity markets, as represented by the benchmark indices – the S&P BSE Sensex and the Nifty 50 – rallied nearly 16% and 17% respectively in Samvat 2073, the rally in select individual stocks has been sharper.
A quick analysis of stock price movement in the BSE 500 segment reveals as many as 24 stocks doubled investor wealth during the last Samvat (between October 30, 2016 – October 13, 2017), with Indiabulls Ventures rallying up to 1000%. Adani Transmission, Avanti Feeds, Rain Industries, Bombay Dyeing and Future Retail gained in the range of 200% - 400% during this period,