The calendar year 2017 (CY17) began with a strong note for the equity markets with the Sensex and Nifty 50 index gaining 12% each. The BSE Midcap and Smallcap indices performed better, have rallied 20% and 24% respectively, so far in CY17, hitting new highs on Tuesday.
About 61 stocks mainly Non-A group stocks from the BSE became multi-bagger in less than three-and-half months.
Yuken India, Venky’s (India), LT Foods, Cravatex, Modi Rubber, Kolte-Patil Developers, National Fertilisers, India Tourism Development Corporation (ITDC) and Aditya Birla Money are among those rallied more than 100% since January.
Future Group's two companies - Future Lifestyle and Future Retail, added 119% each till Monday. Jindal Stainless and Tata Metaliks from steel sector and Faze Three, Patspin India, Jindal Worldwide and Filatex India from textiles have too doubled their market value.
Aditya Birla Money soared 100% in last six trading days, from Rs 31.55 to Rs 63.15 today after Aditya Birla Nuvo, the group company on April 4 announced that the Reserve Bank of India vide its letter dated 3rd April 2017, has granted licence to Aditya Birla Idea Payments Bank Ltd (ABIPBL) to carry on the business of payments bank in India.
Aditya Birla Money is a single brand offering the combined products and services of Aditya Birla Money Mart, Aditya Birla Money and Aditya Birla Customer Services.
Cravatex zoomed 148% in past three weeks from Rs 207 to Rs 521 till Monday after the company announced its board approved execution of a binding Subscription and Shareholders Agreement (SSHA) among company, unit Cravatex Brands Limited (CBL) and investor Paragon Partners Growth Fund. However, the stock today locked in lower circuit of 5% at Rs 495 on BSE.
About 61 stocks mainly Non-A group stocks from the BSE became multi-bagger in less than three-and-half months.
Yuken India, Venky’s (India), LT Foods, Cravatex, Modi Rubber, Kolte-Patil Developers, National Fertilisers, India Tourism Development Corporation (ITDC) and Aditya Birla Money are among those rallied more than 100% since January.
Future Group's two companies - Future Lifestyle and Future Retail, added 119% each till Monday. Jindal Stainless and Tata Metaliks from steel sector and Faze Three, Patspin India, Jindal Worldwide and Filatex India from textiles have too doubled their market value.
Aditya Birla Money soared 100% in last six trading days, from Rs 31.55 to Rs 63.15 today after Aditya Birla Nuvo, the group company on April 4 announced that the Reserve Bank of India vide its letter dated 3rd April 2017, has granted licence to Aditya Birla Idea Payments Bank Ltd (ABIPBL) to carry on the business of payments bank in India.
Aditya Birla Money is a single brand offering the combined products and services of Aditya Birla Money Mart, Aditya Birla Money and Aditya Birla Customer Services.
Cravatex zoomed 148% in past three weeks from Rs 207 to Rs 521 till Monday after the company announced its board approved execution of a binding Subscription and Shareholders Agreement (SSHA) among company, unit Cravatex Brands Limited (CBL) and investor Paragon Partners Growth Fund. However, the stock today locked in lower circuit of 5% at Rs 495 on BSE.
| Company | Group | 30/12/2016 | 10/04/2017 | % chg |
| Indiabulls Vent. | B | 20.55 | 74.15 | 260.8 |
| Pioneer Invest | XT | 25.55 | 80.00 | 213.1 |
| Goldst.Infratec. | T | 26.70 | 78.75 | 194.9 |
| Cybermate Info. | XD | 1.64 | 4.56 | 178.0 |
| C & C Constrn. | T | 14.70 | 40.40 | 174.8 |
| Padmalaya Tele. | T | 1.25 | 3.37 | 169.6 |
| Yuken India | XT | 421.25 | 1125.65 | 167.2 |
| Manaksia Indus. | B | 12.95 | 33.75 | 160.6 |
| Arshiya | T | 29.60 | 75.10 | 153.7 |
| Vista Pharma. | XT | 17.85 | 44.85 | 151.3 |
| Venky's (India) | B | 427.90 | 1072.95 | 150.7 |
| DHP India | XD | 160.00 | 400.35 | 150.2 |
| Weizmann For. | B | 172.00 | 428.15 | 148.9 |
| Cravatex | XD | 210.00 | 520.90 | 148.0 |
| Prerna Infra. | XD | 17.55 | 43.20 | 146.2 |
| Faze Three | XD | 59.85 | 146.80 | 145.3 |
| Sanwaria Agro | B | 4.96 | 11.84 | 138.7 |
| T & I Global | XD | 29.65 | 70.45 | 137.6 |
| Jyoti Resins | XD | 91.45 | 214.55 | 134.6 |
| Alufluoride | XD | 28.90 | 66.40 | 129.8 |
| Facor Alloys | XT | 2.19 | 4.94 | 125.6 |
| Crest Ventures | T | 88.70 | 199.90 | 125.4 |
| L T Foods | B | 28.43 | 63.75 | 124.2 |
| Future Retail | B | 128.45 | 287.10 | 123.5 |
| Kolte Patil Dev. | B | 83.70 | 186.90 | 123.3 |
| Duke Offshore | XD | 74.40 | 165.00 | 121.8 |
| I T D C | B | 212.80 | 469.45 | 120.6 |
| Shri Keshav | XD | 83.30 | 183.40 | 120.2 |
| Furure Market | B | 36.05 | 79.10 | 119.4 |
| Future Lifestyle | B | 128.15 | 280.95 | 119.2 |
| Patspin India | B | 10.15 | 22.20 | 118.7 |
| Intl. Combustion | XT | 285.00 | 623.10 | 118.6 |
| Aarey Drugs | XT | 48.85 | 106.25 | 117.5 |
| Jindal Stain. | B | 37.75 | 81.90 | 117.0 |
| Natl.Fertilizer | B | 35.10 | 75.90 | 116.2 |
| Modi Rubber | T | 41.20 | 88.90 | 115.8 |
| Amal | XD | 67.80 | 144.85 | 113.6 |
| Adit.Birla Money | B | 26.90 | 57.45 | 113.6 |
| Jindal Worldwide | B | 177.00 | 376.35 | 112.6 |
| Filatex India | B | 67.80 | 144.10 | 112.5 |
| Oriental Trimex | T | 6.49 | 13.79 | 112.5 |
| Himalya Intl. | XD | 17.85 | 37.75 | 111.5 |
| Jenson & Nich. | B | 7.35 | 15.54 | 111.4 |
| Tata Metaliks | B | 324.10 | 683.60 | 110.9 |
| Radhe Develop. | XT | 20.65 | 43.50 | 110.7 |
| Samrat Pharma | XT | 41.15 | 85.80 | 108.5 |
| Yash Papers | XD | 18.85 | 38.60 | 104.8 |
| Fiberweb (India) | XC | 174.30 | 356.45 | 104.5 |
| Parnax Lab | XT | 30.60 | 62.50 | 104.2 |
| Rishi Tech. | XD | 37.55 | 76.55 | 103.9 |
| Prima Agro | XT | 6.65 | 13.55 | 103.8 |
| Hisar Met.Inds. | B | 23.10 | 47.00 | 103.5 |
| Citadel Realty | XT | 24.30 | 49.40 | 103.3 |
| Upasana Finance | XT | 16.61 | 33.75 | 103.2 |
| V R Woodart | P | 2.00 | 4.06 | 103.0 |
| Mahaan Foods | XD | 10.52 | 21.35 | 102.9 |
| Asia Pack | XT | 13.12 | 26.60 | 102.7 |
| Asian Oilfield | XC | 114.45 | 231.40 | 102.2 |
| Kanchi Karpooram | XT | 35.70 | 72.10 | 102.0 |
| Assoc. Stone Ind | XC | 22.45 | 45.20 | 101.3 |
| SVP Global | XT | 135.00 | 271.35 | 101.0 |

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