DSIJ Mindshare

Stocks that doubled investors wealth in the past one month
Shreya Chaware
/ Categories: Trending, Mindshare

Stocks that doubled investors wealth in the past one month

Extracting the data for returns delivered by companies having a market cap of more than Rs 300 crore, around 58 per cent of the companies have outperformed the benchmark indices despite the volatile market performance.

The equity markets are still under cautious view due to the uncertainty of the Russia-Ukraine crisis along with the oil prices on the boil. Although the economy has shown positive momentum based on earnings growth, deleveraging, and rising Capex announcement along with a robust government budget, the volatility is still likely to persist due to the hawkish US Federal Reserve as well as the recent crisis between Russia and Ukraine. 

The equity markets hit their low point on March 7, 2022, after the outbreak of the war between Russia and Ukraine. The benchmark indices crashed with substantial points, spreading panic over the market environment. One month post the low point, Sensex and Nifty recovered 11.98 per cent & 11.63 per cent, respectively.  

The benefiting sector from this crisis was likely to be the Indian Large-Cap IT industry, financials, and capital goods. The IT industry has the potential to become an alternative for businesses leaving the Ukrainian and Eastern European markets. On the flip side, the automobile sector had the chance of facing hiccups due to supply chain constraints and semi-conductor shortages.  

Extracting the data for returns delivered by companies having a market cap of more than Rs 300 crore, around 58 per cent of the companies have outperformed the benchmark indices despite the volatile market performance. Seven stocks have doubled investors’ returns, delivering up to 188 per cent over the period of one month. Kaiser Corporation zoomed 188.45 per cent, followed by SEL Manufacturing Company and Cressanda Solutions, which gained up to 152.33 per cent & 148 per cent, respectively. 

Following is a list of stocks outperforming the markets during the crisis situation and doubling investors returns in past one month -

Company Name Sector Latest Market Cap (Rs crore) 1 month returns (%)
Kaiser Corporation Ltd. Plastic Products                  348.35 188.45
SEL Manufacturing Company Ltd. Textile              1,804.68 152.33
Cressanda Solutions Ltd. IT                  660.28 148
National General Industries Ltd. Iron & Steel                  326.01 145.93
Sejal Glass Ltd. Construction Materials                  471.72 139.14
Artson Engineering Ltd. Capital Goods                  424.40 121.06
Automotive Stampings and Assemblies Ltd. Automobile & Ancillaries              1,062.04 110.98
Previous Article This Adani trio is witnessing a huge price surge!
Next Article Stock Scanner: Stock which are near their previous months high
Print
5792 Rate this article:
3.3
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR