BSE 500 is down by 9.50 per cent from its 52-week high, but these stocks have rallied more than 50 per cent!

These stocks have furnished returns of more than 50 per cent over the last 4 months

BSE 500 index recorded a fresh 52-week high of 25,454.92 on October 19, 2021. Since then, the index has plunged approximately 9.50 per cent. Over the last 5 trading sessions, the index has slipped by 2.24 per cent on account of geo-political tensions between Russia and Ukraine and surging crude oil prices. 

However, there are a few constituents of the index that have managed to significantly outperform the overall index by rallying more than 50 per cent. Star performer of the group is Tata Teleservices Maharashtra, whose stock has more than doubled from Rs 55.60 to Rs 129.90 during the course of 4 months. The strong rally in the stock can be attributed to the massive improvement in the financial performance of the company in recent quarters. 

Shares of Adani Green Energy have furnished returns of 71.07 per cent, since October 19, 2022, on the back of robust financial performance. Sales of the company rose 87 per cent to Rs 1,400 crore in Q3FY22, as against Rs 748.65 crore recorded in Q3FY21.

Here is a full list of companies that have skyrocketed by more than 50 per cent since October 19, 2021: