An investment of Rs 10,000 in Tata Metaliks has turned to around Rs 40,000 since the beginning of the ongoing financial year till July 22, whereas the benchmark index BSE Sensex gave 10 per cent return during the same period. Other than Tata Metaliks, there are 65 more stocks, which jumped between 100-360 per cent during April 1-July 22 this year.
Manaksia Industries, Upper Ganges Sugar, Maithan Alloys, Shilpi Cable Technologies, Ugar Sugar, Smith & Founders soared 358.33 per cent, 294 per cent, 256 per cent, 250 per cent, 238 per cent and 230 per cent, respectively. The BSE Midcap and Smallcap index gained 15.36 per cent and 13.79 per cent, respectively, during the same period.
The list of top gainers include stocks from various sectors from agriculture, aquaculture, chemicals, non-banking financial companies, stock broking, IT to sugar and trading companies. In the agriculture-related space, companies such as Agri-Tech and Simran Farms gained 142 per cent and 108 per cent, respectively, since the beginning of the ongoing financial year till July 22.
Among chemicals majors, Chemfab Alkalis, Jayant Agro-organics, Vivid Global Industries and Tyche Industries gained between 105 per cent and 175 per cent. NBFCs such as Kuber Udyog, Manappuram Finance and Fortune Financial Services gained 192 per cent, 115 per cent and 106 per cent, respectively, during the same period.
Stock broking companies also stood among top gainers as Prime Securities, Modex International Securities and Indiabulls Ventures shares jumped 176 per cent, 171 per cent and 113 per cent, respectively, in the period under review.
In the sugar space, Ugar Sugar Works, Rana Sugars, Riga Sugar Company, Mawana Sugar and Dharani Sugars jumped 239 per cent, 190 per cent, 141 per cent, 127 per cent and 121 per cent, respectively.
Prime Urban Development (up 140 per cent), Pasupati Acrylon (116 per cent), GTN Industries (up 114 per cent) and Jindal Cotex (up 107 per cent) remained among other top gainers in the textile space.