 "71 stocks beat markets in last 3 Samvats; Indiabulls Integrated up 3400%")
71 stocks have outperformed the market in the past three consecutive Samvat years with Indiabulls Integrated surging a huge 3,400% during this period.
The benchmark S&P BSE Sensex has gained 8% in Samvat 2074 (till November 6, 2018, at 11 AM), as compared to 8.54% return in Samvat 2072, followed by 16.6% in last Samvat 2073. In Samvat 2071, the benchmark index had recorded a negative return of 3.9%. The Hindu calendar year that starts on Diwali.
VOLATILITY RULES
Indian markets have seen a high level of volatility in the past few months led by strong headwinds like rising crude prices and depreciation in INR. IL&FS default and consequent liquidity squeeze has added to the woes increasing the probability of slowdown in the economy. The Sensex has lost 10% from the peak while BSE mid cap (down 19%) and small-cap index (down 29%) were down more than 15% from their peak.
Despite lower returns recorded by benchmark indices in Samvat 2074 as compared to in past two years, those who invested in stocks like Bajaj Finance, JSW Steel, VIP Industries, Radico Khaitan and Sterlite Technologies have got returns of over 25% each in last three years.
Muthoot Capital Services, West Coast Paper, National Peroxide, Philips Carbon, Minda Industries and Filatex India from the S&P BSE All-cap index have seen their market price more-than-double in two out of the past three Samvats. Indiabulls Integrated Services has risen over 100% in past three Samvat years. The S&P BSE All-cap index accounts 97% market capitalisation of BSE listed companies.
Of these, nine companies are from chemicals, six from auto ancillaries, five each from financials and pharmaceuticals and four from paper industries. 24 stocks that form a part of this list have recorded returns of over 30% each between Samvat years 2072 and 2074.
The benchmark S&P BSE Sensex has gained 8% in Samvat 2074 (till November 6, 2018, at 11 AM), as compared to 8.54% return in Samvat 2072, followed by 16.6% in last Samvat 2073. In Samvat 2071, the benchmark index had recorded a negative return of 3.9%. The Hindu calendar year that starts on Diwali.
VOLATILITY RULES
Indian markets have seen a high level of volatility in the past few months led by strong headwinds like rising crude prices and depreciation in INR. IL&FS default and consequent liquidity squeeze has added to the woes increasing the probability of slowdown in the economy. The Sensex has lost 10% from the peak while BSE mid cap (down 19%) and small-cap index (down 29%) were down more than 15% from their peak.
Despite lower returns recorded by benchmark indices in Samvat 2074 as compared to in past two years, those who invested in stocks like Bajaj Finance, JSW Steel, VIP Industries, Radico Khaitan and Sterlite Technologies have got returns of over 25% each in last three years.
Muthoot Capital Services, West Coast Paper, National Peroxide, Philips Carbon, Minda Industries and Filatex India from the S&P BSE All-cap index have seen their market price more-than-double in two out of the past three Samvats. Indiabulls Integrated Services has risen over 100% in past three Samvat years. The S&P BSE All-cap index accounts 97% market capitalisation of BSE listed companies.
PAPER STOCKS RALLY
Seshasayee Paper, N R Agarwal Industries, JK Paper and West Coast Paper from the paper sector surged up to 115% in Samvat 2074 on the back of robust demand outlook. The Indian paper industry’s EBITDA (earnings before interest, taxation, depreciation and ammortisation) margin rose from 11% in FY15 to 15.9% in FY18 despite capacity increases and rise in input costs due to improved pricing scenario, cost advantage of larger players and Chinese ban on certain quality of recovered paper, which reduced prices, analysts say.
Seshasayee Paper, N R Agarwal Industries, JK Paper and West Coast Paper from the paper sector surged up to 115% in Samvat 2074 on the back of robust demand outlook. The Indian paper industry’s EBITDA (earnings before interest, taxation, depreciation and ammortisation) margin rose from 11% in FY15 to 15.9% in FY18 despite capacity increases and rise in input costs due to improved pricing scenario, cost advantage of larger players and Chinese ban on certain quality of recovered paper, which reduced prices, analysts say.
| Price on BSE in Rs | |||
| Company | 10/11/2015 | LTP | % chg |
| Indiabulls Integrated | 9.61 | 338.75 | 3425.0 |
| N R Agarwal Inds | 34.55 | 501.65 | 1352.0 |
| Shivalik Bimetal | 9.60 | 97.20 | 912.5 |
| National Peroxide | 524.50 | 4986.95 | 850.8 |
| Phillips Carbon | 24.28 | 226.10 | 831.2 |
| Minda Inds. | 48.42 | 339.95 | 602.1 |
| Confidence Petro | 5.59 | 36.00 | 544.0 |
| Filatex India | 7.62 | 47.10 | 518.1 |
| Muthoot Cap.Serv | 136.18 | 841.35 | 517.8 |
| West Coast Paper | 67.00 | 394.00 | 488.1 |
| V-Mart Retail | 441.70 | 2509.90 | 468.2 |
| Sterlite Tech. | 67.42 | 378.50 | 461.4 |
| DIL | 164.94 | 908.00 | 450.5 |
| Guj. Ambuja Exp | 45.50 | 241.85 | 431.5 |
| Seshasayee Paper | 229.00 | 1215.00 | 430.6 |
| Universal Cables | 62.20 | 311.00 | 400.0 |
| V I P Inds. | 90.35 | 442.90 | 390.2 |
| Andhra Petrochem | 15.50 | 69.85 | 350.6 |
| Bajaj Fin. | 532.27 | 2351.95 | 341.9 |
| Borosil Glass | 59.29 | 258.80 | 336.5 |
| Biocon | 145.92 | 631.25 | 332.6 |
| Deepak Nitrite | 63.90 | 272.25 | 326.1 |
| Transpek Inds. | 353.20 | 1500.00 | 324.7 |
| Hind.Oil Explor. | 31.65 | 133.35 | 321.3 |
| JK Paper | 42.65 | 179.10 | 319.9 |
| Assoc.Alcohols | 62.60 | 261.05 | 317.0 |
| India Glycols | 88.75 | 366.85 | 313.4 |
| Merck | 751.50 | 3057.00 | 306.8 |
| JSW Steel | 87.37 | 351.30 | 302.1 |
| Safari Inds. | 184.00 | 736.20 | 300.1 |
| KSE | 572.50 | 2250.00 | 293.0 |
| Sterling Tools | 87.76 | 343.15 | 291.0 |
| Hil Ltd | 589.50 | 2280.05 | 286.8 |
| Vinati Organics | 398.00 | 1522.35 | 282.5 |
| Radico Khaitan | 108.30 | 398.90 | 268.3 |
| NELCO | 68.70 | 252.65 | 267.8 |
| KEI Inds. | 104.20 | 377.20 | 262.0 |
| Subros | 81.50 | 284.50 | 249.1 |
| Punjab Chemicals | 169.10 | 586.35 | 246.7 |
| Optiemus Infra. | 36.55 | 123.95 | 239.1 |
| Prec. Wires (I) | 69.50 | 233.00 | 235.3 |
| Renaissance Jew. | 102.65 | 341.00 | 232.2 |
| Garware Tech. | 349.50 | 1151.60 | 229.5 |
| Vimta Labs | 83.25 | 273.00 | 227.9 |
| Jamna Auto Inds. | 23.67 | 77.20 | 226.2 |
| Steel Str. Wheel | 363.50 | 1099.60 | 202.5 |
| Balkrishna Inds | 323.98 | 973.00 | 200.3 |
| Aarti Inds. | 504.85 | 1397.95 | 176.9 |
| Orient Refrac. | 79.95 | 217.75 | 172.4 |
| Usha Martin | 14.75 | 39.15 | 165.4 |
| Sandur Manganese | 494.25 | 1282.75 | 159.5 |
| Havells India | 258.65 | 649.60 | 151.2 |
| Apcotex Industri | 224.80 | 547.80 | 143.7 |
| Reliance Inds. | 460.98 | 1104.55 | 139.6 |
| JSW Holdings | 955.55 | 2285.00 | 139.1 |
| GAIL (India) | 158.15 | 375.65 | 137.5 |
| GRUH Finance | 124.13 | 294.70 | 137.4 |
| Alkyl Amines | 295.00 | 700.00 | 137.3 |
| Gufic BioScience | 40.90 | 96.30 | 135.5 |
| City Union Bank | 71.49 | 166.75 | 133.2 |
| Sasken Technol. | 293.90 | 677.00 | 130.4 |
| Bajaj Electrical | 233.70 | 509.45 | 118.0 |
| Windsor Machines | 30.60 | 66.20 | 116.3 |
| Talbros Auto. | 112.70 | 239.00 | 112.1 |
| Bharat Bijlee | 587.00 | 1241.65 | 111.5 |
| JTEKT India | 57.65 | 115.45 | 100.3 |
| Info Edg.(India) | 733.80 | 1422.00 | 93.8 |
| Britannia Inds. | 3032.25 | 5720.65 | 88.7 |
| Shemaroo Entert. | 265.10 | 480.10 | 81.1 |
| P & G Hygiene | 5676.85 | 9695.75 | 70.8 |
| Godrej Consumer | 439.22 | 697.80 | 58.9 |
| LTP : Last traded price on November 6, 2018 at 11:00 AM | |||
| Source: CapitalinePlus | |||
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