These 7 stocks surge over 500% in first half of FY21; do you own any?

In the first half of FY21 (H1FY21), Sensex rose nearly 30 percent

Many countries, including India, had to completely or partially shut down all economic activities after the coronavirus pandemic outbreak at the start of the year. In India, a complete lockdown was announced in late March and now we are in the Unlocking phase 5. This jolt on the economy was also reflected in the market initially but the indices started to gain later. In the first half of FY21 (H1FY21), Sensex rose nearly 30 percent. During the same period, 7 stocks from the BSE universe gave over 500 percent return. We considered stocks with a market cap of over Rs 100 crore. (Data Source: ACE Equity)

Mcleod Russel India | In the first half of FY21, the stock price rose 804 percent to Rs 18.8 (as on September 30) from Rs 2.08 (as on March 31).

Praveg Communications (India) | In the first half of FY21, the stock price rose 604 percent to Rs 63.7 (as on September 30) from Rs 9.05 (as on March 31).

Birla Tyres | In the first half of FY21, the stock price rose 592 percent to Rs 20.4 (as on September 30) from Rs 2.95 (as on March 31)

Vikas Multicorp | In the first half of FY21, the stock price rose 580 percent to Rs 7.75 (as on September 30) from Rs 1.14 (as on March 31).

Venus Remedies | In the first half of FY21, the stock price rose 516 percent to Rs 138.6 (as on September 30) from Rs 22.5 (as on March 31).

Aarti Drugs | In the first half of FY21, the stock price rose 510 percent to Rs 771.55 (as on September 30) from Rs 126.45 (as on March 31).

Tanla Solutions | In the first half of FY21, the stock price rose 502 percent to Rs 292.1 (as on September 30) from Rs 48.5 (as on March 31).

Comments

Reliance Jio Q3 results: Profit grows to Rs 3,489 crore; ARPU rises to Rs 151

The average revenue per user (ARPU) during the quarter came at Rs 151 per subscriber per month as against Rs 145 per subscriber per month in the September quarter. Reliance Jio, the telecommunications arm of Jio Platforms, on January 22 posted a net profit of Rs 3,489 crore for the quarter ended December 31, 2020. The profit was higher than the street expectations as analysts in a CNBC-TV18 poll had estimated the number at Rs 3,200 crore. Jio's net profit grew 15.5 percent QoQ as in the September quarter of FY21, its profit was Rs 3,020 crore. The average revenue per user (ARPU) during the quarter came at Rs 151 per subscriber per month as against Rs 145 per subscriber per month in the September quarter. A CNBC-TV18 poll had estimated ARPU at Rs 148.2. Revenue, including access revenues for the quarter, was Rs 22,858 crore ($3.1 billion), up 5.3 percent QoQ. A CNBC-TV18 poll had estimated revenue to the tune of Rs 18,165 crore. EBITDA for the quarter stood at Rs 8,483 crore ...

Ashoka Buildcon share price up 4% on bagging 2 NHAI projects

The share touched its 52-week high Rs 127.90 and 52-week low Rs 37.00 on 23 September, 2019 and 03 April, 2020, respectively. Ashoka Buildcon share price added over 4 percent in early trade on September 8 after the company emerged as the lowest bidder (L-1) for the two NHAI projects. The aggregate quoted value of the projects is Rs 1,390 crore. The company had submitted bids to National Highway Authority of India (NHAI) for the project of four laning of Arra h to Pararia section of NH-319(Old NH-30) in the State of Bihar under Bharatmala pariyojana Phase -1 on EPC Mode (Package-I) and Four laning of Pararia to Mohania section of NH-319(Old NH-30) in Bihar under Bharatmala Pariyojana Phase-I on EPC Mode (Package II). At 09:23 hrs Ashoka Buildcon was quoting at Rs 70.60, up Rs 2.40, or 3.52 percent on the BSE. The share touched its 52-week high Rs 127.90 and 52-week low Rs 37.00 on 23 September, 2019 and 03 April, 2020, respectively. Currently, it is trading 44.8 percen...

Futures Trade | A bullish breakout of a flag pattern in HDFC

HDFC is moving in an uptrend with a minor corrective decline. The range is classified as a flag and a breakout of falling minor trendline confirms a possible upside. HDFC is moving in an uptrend with a minor corrective decline from Nov 20 highs. The decline is on lower, contracting volumes and suggests a correction within an ongoing trend. The range-bound action can also be classified as a flag as it is on coming off a sharp rally. A breakout of falling minor trendline confirms a possible upside. Buy around Rs 2300-2310. Keep a stop below Rs 2250 and hold for a target of Rs 2400 and above that to Rs 2450.

SD Solutions

Search This Blog