IDFC, JP Associates top 2012 returns on Nifty

Boith stocks delivered 86% to investors, Tata Motors was third best stock, yielding 75%

Image
Neha Pandey Deoras Bangalore
Last Updated : Jan 29 2013 | 2:34 PM IST

Banking, financial services and insurance (BFSI), auto and infrastructure stocks were among the stronger performers at the bourses in calendar 2012, as the National Stock Exchange's (NSE) 50-stock index  Nifty jumped 36.56 per cent and the Bombay Stock Exchange's 30-stock sensitive index or Sensex rose 25 per cent between December 31, 2011 and December 31, 2012.


The best of Nifty, 2012
StockPrice: Dec 31, 2011 (Rs)Price: Dec 31, 2012  (Rs)Returns (%)
JP Associates52 97 86.56
IDFC92 171 85.86
Tata Motors179 313 75
 Asian Paints2,592 4,433 71
 Ultra Tech Cement1,167 1,986 70
 Axis Bank808 1,357 68
 ICICI Bank685 1,138 66
 Maruti Suzuki918 1,490 62
L&T995 1,607 61.50
HCL Tech388 619 59.53
HDFC Bank477 679 59
Closing price source: NSE
Among Nifty stocks, IDFC and JP Associates delivered the highest returns of about 86 per cent each. IDFC jumped from Rs 92 to Rs 171 between December 2011 and December 2012 and JP Associates rose from Rs 52 to Rs 97. Tata Motors was the third best stock in this period, yielding 75 per cent to investors. The stock moved from Rs 179 to Rs 313. Asian Paints (at Rs 4,433 in December 2012) and UltraTech Cements (at Rs 1,986 in December 2012) gave 71 and 70 per cent, respectively, in the past one calendar year.

Axis Bank gave the highest return among banks at 68 per cent and ICICI Bank returned 66 per cent. While ICICI Bank's stock price stood at Rs 1,138 from Rs 685, Axis Bank moved from Rs 808 to Rs 1,357. HDFC Bank returned 59 per cent to its investors, the stock price moved from Rs 427 to Rs 679.

Maruti Suzuki was the next best auto stock in the Nifty, after Tata Motors, the stock price moved from Rs 918 to Rs 1,490, up 62 per cent. Infrastructure major L&T stock moved up to Rs 1,607 from Rs 995, up nearly 62 per cent. Lastly, HCL Tech gave nearly 60 per cent as the stock moved up from Rs 388 to Rs 619.

 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 03 2013 | 12:46 PM IST

Next Story