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

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 posted a combined net profit of Rs 1,655 crore in the first half of the financial year 2016-17 (H1FY17) as compare to Rs 119 crore in the previous corresponding period.

In a number of these companies, promoters and the individual shareholders collectively hold over 90% stake, the latest shareholding pattern data show. Typically, most companies in the non-A group are not very liquid counters, with little or no institutional participation.  Also, a lot of companies have been put in some of the buckets due to a history of non-compliance with the rules.

Chemical (21 companies), financial (16), IT software (12) and textile (11) companies dominate the list of companies that have doubled. That apart, stocks of companies in the paper, sugar, trading and plastic products sectors, too, have seen a good appreciation.

For instance, Fibreweb (India) has seen its market value appreciate almost seven-fold to Rs 164 from Rs 24.50 at the beginning of the current calendar year 2016. The plastic products maker had reported a net profit of Rs 5.1 crore on revenues of Rs 35 crore during the first half (April to September) of the current financial year 2016-17 (H1FY17), as compared to a net loss of Rs 0.2 crore in the same period last fiscal. The company, reports suggest, has an order book of around Rs 79 crore, which is expected to be executed in the next six to nine months.

Kushal Tradelink, too, surged 560% to Rs 532 from Rs 81. The Ahmedabad-based paper trader and supplier company had posted a consolidated net profit of Rs 81 crore in H1FY17 against Rs 2 crore in H1FY16.

The stock of information technology (IT) software products company Intense Technologies soared 323% from Rs 35 to Rs 148. The company posted profit of Rs 7.37 crore in H1FY17 against loss of Rs 9.71 crore in H1FY16.

Government of India-Income Tax Department, Bharti Airtel, Idea Cellular, Aircel, Omantel, Etisalat, ICICI Prudential Life Insurance, GE Money and Bharti AXA Life Insurance are some of the company’s notable customers.

Company	31/12/2015	27/12/2016	% chg	Group
Moschip Semicon.	7.24	52.75	628.59	XD
Fiberweb (India)	24.50	163.60	567.76	XD
Kushal Tradelink	80.60	532.10	560.17	B
Sinner Energy	1.71	10.65	522.81	XD
Prime Securities	5.65	33.70	496.46	B
COSYN	34.90	190.30	445.27	XD
Best Steel	11.01	58.35	429.97	XD
Bhageria Indust.	64.75	336.50	419.69	B
Nettlinx	21.25	109.95	417.41	XD
KM Sugar Mills	5.00	25.85	417.00	B
N R Agarwal Inds	42.00	213.05	407.26	XD
Agri-Tech India	7.46	33.10	343.70	T
Jayant Agro Org.	114.50	507.45	343.19	B
Satkar Finlease	1.48	6.45	335.81	B
DCM Financial	1.05	4.52	330.48	T
Intense Tech.	34.90	147.70	323.21	XD
Medicamen Biotec	61.40	249.80	306.84	XD
Vama Inds.	4.92	19.40	294.31	XD
Star Paper Mills	42.80	168.15	292.87	B
Upper Gang. Sug.	68.20	267.25	291.86	B
Lakshmi Energy	15.50	59.95	286.77	B
Electrotherm(I)	48.10	183.95	282.43	B
Indian Metals	148.20	560.45	278.17	B
Gayatri Sugars	2.47	9.30	276.52	XD
Sh. Karthik Pap.	2.75	10.35	276.36	XT
Vivid Global	10.40	39.05	275.48	XD
AksharChem (I)	174.70	652.90	273.73	XC
Kavit Industries	7.28	27.00	270.88	XD
Axtel Industries	17.54	63.90	264.31	XD
MPS Infotecnics	0.08	0.29	262.50	T
Faze Three	14.67	53.00	261.28	XD
Cineline India	22.45	79.65	254.79	B
GSL Nova Petro.	0.51	1.79	250.98	XT
Gyscoal Alloys	3.18	11.12	249.69	B
Beardsell	123.00	429.25	248.98	B
Union Qual. Pla.	13.50	46.70	245.93	XT
Ishan Dyes & Ch.	23.45	79.80	240.30	XD
Vijay Textiles	14.70	49.05	233.67	XD
Kisan Mouldings	20.90	69.25	231.34	XD
Shreenath Indus.	10.85	35.80	229.95	XT
Thirumalai Chem.	216.20	703.35	225.32	B
Palsoft Infosys.	2.28	7.40	224.56	XT
Shilpi Cable	61.50	197.85	221.71	B
Rajratan Global	195.00	613.95	214.85	XD
Tata Metaliks	101.70	317.40	212.09	B
Ducon Tech	17.40	52.90	204.02	B
Atlas Jewellery	20.15	61.25	203.97	XT
Sibar Auto Parts	7.10	21.50	202.82	XD
Sagar Prod.	3.93	11.73	198.47	XD
Anar Inds.	34.55	102.25	195.95	XD
Dwarikesh Sugar	98.85	288.15	191.50	B
Borosil Glass	2337.00	6772.00	189.77	XC
National Fitting	82.05	236.00	187.63	XD
Jiya Eco-Product	17.50	50.25	187.14	M
Seshasayee Paper	239.90	673.75	180.85	B
Oudh Sugar Mills	34.95	95.50	173.25	B
Vipul Organics	36.90	100.20	171.54	XD
Cals Refineries	0.07	0.19	171.43	XD
Lloyds Metals	3.75	10.05	168.00	XC
Store One Retail	34.70	92.20	165.71	B
Mac Charles(I)	242.60	641.65	164.49	XT
Fortune Fin.Ser.	132.63	350.00	163.89	XC
Kiri Indus.	105.40	275.05	160.96	B
Ankush Finstock	7.80	20.30	160.26	XD
Allied Computer.	0.05	0.13	160.00	XD
United Drilling	75.00	194.50	159.33	Z
Winsome Yarns	0.76	1.97	159.21	B
Super Crop Safe	42.35	108.95	157.26	XD
SB & T Intl.	0.95	2.44	156.84	Z
STL Global	6.27	16.10	156.78	B
Sudarshan Chem.	110.90	283.55	155.68	B
Maithan Alloys	107.85	273.25	153.36	B
Chemfab Alkalis	98.00	248.25	153.32	B
Sumeet Inds.	13.86	35.10	153.25	B
Tuticorin Alkali	5.60	14.15	152.68	XT
G N F C	80.85	203.30	151.45	B
Megasoft	7.61	19.10	150.99	B
Dynemic Products	57.65	143.80	149.44	XD
Mansi Fin.(Chen)	19.25	48.00	149.35	XT
Mawana Sugars	17.50	43.15	146.57	B
Emami Paper	45.25	111.15	145.64	XC
Astec Life	245.00	601.50	145.51	B
Athena Global	13.75	33.75	145.45	XD
Cybermate Info.	0.71	1.73	143.66	XD
Kilpest India	9.44	23.00	143.64	XD
Kuantum Papers	163.50	395.35	141.80	XC
Charms Inds.	1.99	4.80	141.21	XT
Allsec Tech.	143.10	342.90	139.62	B
Sarda Plywood	58.35	139.00	138.22	XD
DCM Shriram Inds	91.40	217.55	138.02	XC
Modipon	11.50	27.10	135.65	XD
Kunststoff Inds.	15.12	35.55	135.12	XD
Shrist Infra	120.90	283.00	134.08	XC
Escorts Finance	4.00	9.36	134.00	XD
Refnol Resins	14.89	34.50	131.70	XT
Neelkanth Tech	12.00	27.75	131.25	XD
Maitri Enterp.	3.47	8.00	130.55	XT
Maan Aluminium	32.85	75.55	129.98	B
Pil Italica	4.38	10.05	129.45	B
Shreyans Inds.	43.60	99.55	128.33	B
Shilchar Tech.	181.90	413.00	127.05	XD
Centrum Capital	11.77	26.70	126.85	XD
Cosboard Inds.	16.64	37.45	125.06	XD
Rana Sugars	3.96	8.91	125.00	B
Himadri Specialt	15.02	33.45	122.70	B
Odyssey Tech.	34.05	75.80	122.61	XD
Indbul.Wholesale	9.00	19.85	120.56	B
Piccadily Sugar	4.17	9.14	119.18	XD
Aptech	67.05	146.90	119.09	B
Swan Energy	69.40	151.85	118.80	B
Asian Oilfield	53.40	116.75	118.63	XD
CSL Finance	78.00	169.90	117.82	XD
Manaksia Indus.	6.18	13.46	117.80	B
Filmcity Media	0.40	0.87	117.50	XD
Century Extrus.	3.04	6.60	117.11	B
Orient Paper	32.67	70.50	115.79	B
Balasore Alloys	22.75	48.95	115.16	XC
Archit Organosys	32.55	70.00	115.05	XD
Dutron Polymers	75.00	160.00	113.33	XT
Bodal Chemicals	56.15	119.00	111.93	B
Hind.Fluoro Carb	5.75	12.00	108.70	XT
Haria Exports	4.15	8.62	107.71	XT
Sahara Housing	43.50	90.30	107.59	XD
Tokyo Plast Intl	46.00	95.05	106.63	B
Ind Bank Housing	9.20	19.00	106.52	XD
Coral India Fin.	78.00	160.90	106.28	B
Ujaas Energy	21.50	44.30	106.05	B
Alankit	15.55	31.80	104.50	B
Tasty Bite Eat.	1625.25	3319.40	104.24	XC
Perfectpac	56.75	115.90	104.23	XT
India Home	41.95	85.45	103.69	XD
Karma Ener.	24.85	50.60	103.62	B
Sterling Green	7.08	14.40	103.39	XD
P. H. Capital	20.35	41.30	102.95	XT
POCL Enterprises	38.40	77.70	102.34	XD
Rushil Decor	286.30	578.55	102.08	B
Inter Globe Fin	13.51	27.30	102.07	XT
Seya Indus.	126.00	254.35	101.87	P
Indo Pacific Pro	0.58	1.17	101.72	XD
Shiva Texyarn	112.45	226.00	100.98	B