71 stocks beat markets in last 3 Samvats; Indiabulls Integrated up 3400%

Total 24 stocks include Bajaj Finance, JSW Steel, VIP Industries, Radico Khaitan and Sterlite Technologies recorded returns by more than 25% each in last three Samvat years.

Deepak Korgaonkar Mumbai

Last Updated : Nov 06 2018 | 1:46 PM IST

71 stocks have outperformed the market in the past three consecutive Samvat years with Indiabulls Integrated surging a huge 3,400% during this period.

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.

	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