Eventful 2020 saw a six-fold rise in stocks whose returns doubled

Compared to just four stocks in 2019, none in 2018, as many as 24 have delivered over 100 per cent returns this Calendar year

The number of stocks whose prices have more than doubled in the past one year has gone up six-fold. Compared to just four stocks in 2019 and none in 2018, as many as 24 stocks have delivered over 100 per cent returns in 2020.

To ensure that penny or illiquid counters are kept out, among key criteria considered for this study is a minimum current market capitalisation of Rs 1,000 crore. Also, the company should be tracked by at least five analysts.

The benchmark Nifty-50 Index touched an all-time high of 12,431 in January before crashing to 7,511 in March following the