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140 non-A group stocks gain over 100% in 2016

The combined market capitalisation of these 140 companies increased 191% to Rs 54,760 crore

Deepak Korgaonkar  |  Mumbai 

As many as 140 stocks out of 2,120 stocks in the BSE non-A group category have surged over 100% each in CY2016, even the benchmark S&P BSE Sensex recorded a marginal returns of 0.36% during the year. Of these, 48 stocks have zoomed between 200% and 700% during the period till Tuesday. The combined market capitalisation of these 140 companies increased 191%, or Rs 35,966 crore, to Rs 54,760 crore from Rs 18,794 crore on December 31, 2015, the CapitalinePlus database show. The rise can partly be attributed to a healthy financial performance. The data of 137 companies available have ...

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