Stocks that braved the volatile markets

For the past one month Indian equity markets have seen high volatility due to US subprime woes, Yen carry trade and political uncertainty due to the Indo-US nuclear deal. Since July 24, Sensex has given nearly 9% negative return.

 

In the same period we have seen that some stocks have become star performers, which indicates that even though there is high volatility in market, the investors who have picked these particular stocks, have made good money. Stocks has given upto 192% returns in that period.

 

Among smallcaps RR Financial Consultants has given 192% return during this period, which was highest among all the stocks. Stocks like Sunitee Chemicals , Adarsh Derivatives, Cals Secunderabad Healthcare and Tanu Health Care have given over 150%.

 

Among midcaps TCI Industries and Bellary Steel and Alloys has given over 100% return.

 

Among large caps MMTC has given highest return with 90%, followed by Jai Corporation and Jaybharat Textiles , which has given 86% and 46% respectively.

 

List of large cap stock considered above 10% return 

 

Company Name	24-Jul	Last Price	% Change
MMTC	2,705.25	5,149.75	90.36
Jai Corporation	3,289.15	6,115.35	85.92
Jaybharat Textiles	272.45	398.05	46.10
Hindustan Copper	103.85	128.50	23.74
Blue Star	255.75	313.00	22.39
Educomp Solutions	2,140.60	2,554.25	19.32
IFCI	50.10	58.95	17.66
Ballarpur Industries	120.15	135.20	12.53
State Bank of Bikaner	4,795.10	5,369.55	11.98
Kirloskar Brothers	395.20	441.50	11.72
State Bank of Travancore	4,815.00	5,310.00	10.28

 

 

 

 

 

 

 

List of mid cap and small cap stocks continued on page 2 and 3.

 

By Ritesh Presswala