How These Stocks Surge Over 300% In A Year?

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How These Stocks Surge Over 300% In A Year?
16 Oct 2021
6 min read

News Synopsis

The benchmark indices have been soaring over the last six sessions, achieving fresh closing highs. According to Money control's data, eight BSE500 performers have generated at least a 40% return in each of the last three years from one Dussehra to the next. 11 of the 165 stocks had grown by more than 300 percent within the same period. Since last year's Dussehra, JSW Energy's stock has seen high growth, reaching Rs 399.35 on October 13, 2021, up from Rs 63.70 on October 23, 2020. Since last year's Dussehra, Adani Transmission's shares have increased 475 percent, to Rs 1683.35 on October 13, 2021, from Rs 292.60 on October 23, 2020. Adani Enterprises' shares have increased 397 percent, reaching Rs 1568.55 on October 13, 2021, from Rs 315.50 on October 23, 2020. Since last year's Dussehra, Indian energy equities have increased 307% to Rs 793.65 on October 13, 2021, up from Rs 194.95 on October 23, 2020. The stock price of Gujarat Fluorochemicals Ltd. has grown 321 percent since then, to Rs 2119.15 on October 13, 2019, up from Rs 319.85 on October 23, 2018.

 

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