After 1,100% gain in 2 years, rally in Venky's India stock may halt for now

Kotak Securities analysts have downgraded Venky's (India) to 'sell' citing the sharp rally seen over the past few months

Over the past few years, this company has not only satiated the hunger of consumers of its products, but also investors who had an appetite for risk. 

In the past two years, Venky’s (India) has jumped nearly 1,100 per cent from Rs 376 levels to around Rs 4,500 levels now, ACE Equity data shows. In comparison, the S&P BSE Sensex has moved up 36 per cent during this period. In the last one year alone, the stock has gained an impressive 323 per cent. 

The stock has been one of the top three best performers in terms of returns in