830% return in 100 days, these are earning shares

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Of the companies listed on the BSE, 116 have climbed over 100 per cent in this period. At least 500 shares have become more than 50 percent faster.

May 23, 2017, 03.16 PM IST

Amit Mudgil

New Delhi. While the Sensex crossed 30,000 after reaching a low in December, investors are high, while there are some stocks that have given 830% returns in more than three months. These stocks have outpaced the index and the rest of the giants. You may not believe it, but it is true.

Monsoon injection props up the bulls on D-Street for now
Stocks from FMCG, real estate and agriculture input stocks moved higher during the week.

This is the 100th day of trading after 26 December. The Bombay Stock Exchange’s Sensex was at 25,753.75 points on that day, which is now at 30462.58. After demonetisation, the market reached a low level. Now the market has recovered from that shock and is desperate to touch a new height.

The same condition applies to the condition of the market in May that Sell in May and Go Away (sell shares in May and celebrate summer holidays). Now the market is riding on the chariot of GST and is ready to create new records every day.

Of the companies listed on the BSE, 116 have climbed over 100 per cent in this period. At least 500 shares have become more than 50 percent faster. 13 stocks have gained 200 per cent during this period, including CCCL, India Bulls Ventures, LT Foods, ITDC, whose market capitalization has reached Rs 5400 crore.

To take advantage of this boom, there is a penny stock Padmalaya Telefilms in Yale name, which has given 833 per cent returns in 100 days. On December 26, the company’s market cap was Rs 2.2 crore, which has now been Rs 21 crore. Shares of India Bulls Ventures, meanwhile, rose 594 percent. The share price is Rs 138 and its market cap has increased from Rs 582 crore to Rs 5,419 crore.

Consolidated Construction Consortium shares rose 227 per cent, WebSol Energy-Wegman Fincorp-Gold Stone Infra and Adi Chemicals were up 235 to 263 per cent during the period. ITDC shares have meanwhile gained 231 per cent, while LT Foods shares have risen 13 per cent during this period.

Topic

Sensex

Market

LT Foods

websol energy

Penny stock

oriental trimex

padmalaya telefilms

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