Nearly 33% stocks outperform Sensex so far this year

The Sensex which ended at a 14-month high of 15,924.23 yesterday has surged over 65% so far in this calendar year.

Similarly a significant number of stocks too have posted smart gains so far this year. In fact, out of 2,930 actively traded stocks on the Bombay Stock Exchange around one-third (33%) have outperformed the Sensex.

Among the Sensex 30-stocks, Bajaj Auto and Mahindra & Mahindra have zoomed 233% each to Rs 1,305 and Rs 916, respectively. Jaiprakash Associates, Maruti Suzuki, Tata Motors, Sterlite, Grasim, Tata Steel, TCS, Reliance Infrastructure, Wipro and Hindalco are up around 110-200% each.

Among the other frontline stocks, Tech Mahindra has turned out to be the biggest gainer. The stock has rallied 243% to Rs 850 from Rs 248 at the end of last year. Oracle Financial, MphasiS, Jindal Steel & Power, JSW Steel and BEML have gained 223-236% each. Torrent Power, Jai Corp, Bharat Forge, Financial Technologies, Century Textiles, India Infoline, Sesa Goa, RECL and Adani Enterprise have gained 175-205% each.

Meanwhile, Sterling Biotech has dropped 27% to Rs 113. Divi's Labs and Koutons Retail have shed 21-24% each to Rs 512 and Rs 401, respectively. Glenmark Pharma, Ackruti City, Rei Agro, EIH, Mahindra & Mahindra Financial Services and KSK Energy Ventures also dipped.

Among other stocks - Dhanprayog Investment has sky-rocketed over 4,000% to Rs 30.35 so far this year. JMD Telefilms has soared 3,776% to Rs 64.34 yesterday as compared to Rs 1.66 on December 31,2008.

Only two other stocks, Oregon Commercials and Munoth Capital Market, have zoomed over 1,000%. While the former has surged 1,412% to Rs 871, the latter has rallied 1,072% to Rs 128.

However, 431 have slipped in these seven months.

The biggest loser, Sylph Technologies, plunged 95% to Rs 8.53 from a three-digit price of Rs 162 at the end of last year. Glory Polyfilms, Bio Green Industries and KZ Leasing & Finance have tumbled around 85% each.