DSIJ Mindshare

Shares of this company gained more than 40 per cent in one month.   
 

The performance of the benchmark index might not appear fascinating but the truth is that it has relatively outperformed its western peers. With this relative outperformance, there was one group that soared over 45 per cent from last Diwali to this one (custom-made index of this group of stocks)

Amidst all these, there is one sector that has been a sheer outperformer and that is the auto sector. Nifty Auto index climbed over 10 per cent on a YTD basis.

Let’s check out the performance of Murugappa Group in three years.

The stock is seen buzzing on the bourses on Monday as it jumped over 10 per cent along with a huge spurt in the volumes. A huge spurt in the volumes indicates strong buying interest by the market participants.