Year in review: Top 10 best and worst performing stocks of 2017

There were at least 79 stocks on the BSE-500 which gained over 100% in 2017

The year 2017 was rewarding one for Dalal Street, with over 80 stocks on the BSE 500 more than doubling investors' wealth during the year, even as the S&P BSE Sensex rallied 27%. Two stocks - HEG and Indiabulls Ventures - delivered over 1,000% during the period.  

There were at least 80 stocks on the BSE-500 that gained over 100% in 2017. By comparison, the BSE-500 and the S&P BSE Sensex advanced 35% and 27%, respectively. 

The top performer HEG, engaged in manufacturing of graphite electrodes, spiked as much as 1,455% in 2017. The industrial goods company's sales revenue and operating profit grew by 101% and 778%, respectively in the September quarter as compared to the same quarter of 2016. Earlier this month, rating agency India Ratings & Research (Ind-Ra) had upgraded the credit rating of the company as 'IND A+' with a positive outlook.

Indiabulls Ventures was a close second, rallying 1192% so far in 2017 even as market regulator Securities and Exchange Board of India (Sebi) allegedly raised a red flag on the sharp rally in the stock following a preferential allotment to institutional investors between April and June. 

In September, Global brokerage house CLSA added the stock in its Asia ex-Japan long-only portfolio. READ FULL REPORT 

Graphite electrodes manufacturer, Graphite India, surged over 800% this year. The company's sales revenue jumped 35.8% year-on-year in the September quarter, while EPS grew over 460%. 

Venky's India, and Rain Industries rallied over 500% each, while Bombay Dyeing & Manufacturing Company, Avanti Feeds, and Himadri Speciality Chemical gained 487%, 416% and 361%, respectively. 

There were some losers as well. At least 29 stocks on the BSE 500 shed in the range of 10 to 66% so far in 2017. These include Lupin (down 40%), Glenmark Pharma (down 33%), Siti Networks (down 32%), Advanced Enzyme Technologies (down 30%), MCX (down 28%) and Dena Bank (down 22%) etc. 

Top 10 best performers on BSE-500

 

	Stock price (Rs)
Stock name	30-Dec-2016	29-Dec-17	(% change)
HEG	150.00	2332.35	1454.90
Indiabulls Ventures	20.55	265.60	1192.46
Graphite India	72.95	709.60	872.72
Rain Industries	54.80	371	577.01
VenkyS (India)	427.90	2781.80	550.11
Bombay Dyeing & Manufacturing Company	47.25	277.50	487.30
Avanti Feeds	490.95	2533.35	416.01
Himadri Speciality Chemical	33.30	153.55	361.11
Phillips Carbon Black	222.85	975.30	337.65
Dilip Buildcon	229.25	986.80	330.45

Top 10 worst performers on BSE 500

	Stock price (Rs)		% Change
Stock name	30-Dec-16	29-Dec-17
Lupin	1483.70	884.65	-40.38
Glenmark Pharma.	888.55	595.05	-33.03
Siti Networks	38.10	25.80	-32.28
Advance. Enzyme.	396.75	276.70	-30.26
Multi Comm. Exc.	1266.55	912.80	-27.93
Indo Count Inds.	163.60	124.25	-24.05
Dena Bank	32.75	25.30	-22.75
Strides Shasun	1060.60	822.75	-22.43
Dr Reddy's Labs	3058.50	2414.40	-21.06
Inox Wind	182.00	143.95	-20.91

Source: AceEquity