Among the noticeable names, Alok Industries, Birla Tyres, Opto Circuits, Andhra Cements, and Morepen Laboratories are some of the 41 counters that have rallied over 100% in the past two months
Thus far in the current calendar year 2019, the stock has soared 120 per cent against an 8 per cent gain in the S&P BSE Sensex.
The value of equity can get wiped out as some the companies will be going through legal proceedings for debt recovery
Bampsl Securities tops the table with a gain of 718 per cent, followed by Daman & Diu - based Dolat Investments Ltd that has surged 602 per cent to Rs 17.5 levels
About 145 of these scrips have given returns in excess of 100% in past year
CBDT to reopen cases, conduct detailed inquiry of taxpayers who invested in such shares