The stock market has been witnessing a decline since the beginning of this year. During this period, the main index of the National Stock Exchange, Nifty 50, lost 11.49 percent while the Sensex fell by 11.6 percent. Along with this, the small cap index has also slipped by 17 per cent since the beginning of the year, but there are some stocks in the market which have given more than 100 per cent returns to the investors during this period. According to the shareholding pattern of March 2022, foreign investors have also increased their stake in 5 of these 6 stocks. Let us know the names of those shares….
Chennai Petroleum Corporation Limited has given returns of 235 per cent to investors since the beginning of 2022. The price of this share was Rs 103 on 31 December 2021, which increased to Rs 344 per share on 15 June 2022. The stock is currently trading 18 per cent below its 52-week high. The market cap of this company is Rs 5,119 crore.
Mangalore Refinery and Petrochemicals Limited has given investors a tremendous return of 138 per cent since the beginning of 2022. The share price was Rs 43 at the beginning of this year, which has increased to Rs 103 by June 15, 2022. At present, the market valuation of the company is Rs 18,034 crore.
BLS International Services Limited has given an impressive 122 per cent return to investors since the beginning of this year. The price of this share was Rs 95 on December 31, 2021, which increased to Rs 211 per share by June 15, 2022. At present, the company’s market cap is Rs 4,329 crore.
Vadilal Industries Limited has also given returns of 115 per cent to investors since the beginning of this year. The price of this share was Rs 910 per share on 31 December 2021, which increased to 1952 per share by 15 June 2022. The market cap of this company is Rs 1403 crores.
Bharat Dynamics Limited has also given an impressive return of 106% to investors since the beginning of 2022. The share price was Rs 321 per share at the beginning of this year, which has increased to Rs 806 per share by June 15, 2022. At present the market capitalization of the company is Rs 14780 crores.
Mirza International Limited has given an impressive return of 105 per cent to investors since the beginning of this year. On December 31, 2021, the price of this share was Rs 126, which has increased to Rs 258 per share. At present, the company’s market share is Rs 3104 crore.