While the frontline indices Sensex and Nifty rallied nearly 17% so far in calendar year 2017, there are at least 13 stocks from the BSE-500 that turned multibaggers during the same period.
A multibagger is a stock which gives a return of more than 100% during a specific time frame.
Avanti Feeds, Indiabulls Real Estate, Future Lifestyle Fashions and Jaiprakash Associates are among 13 stocks on BSE-500, which doubled investors' wealth, zooming up to 187% in CY17.
Avanti Feeds, a leading manufacturer of prawn and fish feed and a shrimp processor and exporter, was quoting at Rs 490 levels on December 30, 2016, and has zoomed 187% to Rs 1,407 levels till Friday.
Indiabulls Real Estate has also rallied 187% from Rs 71 on December 30, 2016 to Rs 204 by Friday's closing. Another real estate firm Jaiprakash Associates has advanced 133% to Rs 18 during the same period.
Farm equipment maker Escorts, brokerage firm Motilal Oswal Securities and low-cost airline SpiceJet also managed to double their stock price in CY17.
ALSO READ: Who would have thought SpiceJet would rally 600% in two years!
ALSO READ: Who would have thought SpiceJet would rally 600% in two years!
| Stock price (Rs) | |||
|---|---|---|---|
| Company Name | 23-Jun-17 | 30-Dec-16 | Change (%) |
| Avanti Feeds Ltd. | 1407.85 | 490.95 | 187 |
| Indiabulls Real Estate Ltd. | 204.45 | 71.30 | 187 |
| Future Lifestyle Fashions Ltd. | 304.60 | 128.15 | 138 |
| Jaiprakash Associates Ltd. | 18.78 | 8.07 | 133 |
| Escorts Ltd. | 677.90 | 296.45 | 129 |
| Motilal Oswal Financial Services Ltd. | 1178.20 | 522.20 | 126 |
| Spicejet Ltd. | 128.05 | 57.20 | 124 |
| IIFL Holdings Ltd. | 584.90 | 262.40 | 123 |
| GIC Housing Finance Ltd. | 568.30 | 269.10 | 111 |
| Adani Transmission Ltd. | 118.65 | 56.50 | 110 |
| Sunteck Realty Ltd. | 443.90 | 216.15 | 105 |
| Can Fin Homes Ltd. | 3182.30 | 1581.40 | 101 |
| Minda Industries Ltd. | 603.75 | 300.95 | 101 |
| Source: AceEquity | |||
