News for Gita Renewable Energy Limited (GITARENEW.BO)

Scheme aims to installing rooftop solar panels in 10 million homes in India

Bulls stayed in the driver seat on Dalal Street in FY22 despite volatility. Here are some stocks to watch out for.

Select stocks from the broader market have managed to deliver a massive return to investors in 2021. Read more to know.

Stock of Gita Renewable Energy has delivered 4,097 per cent returns in one year. The stock, which closed at Rs 6.07 on October 29, 2020 rose to a high of Rs 254.80 on the Bombay Stock Exchange (BSE) today. An amount of Rs 1 lakh invested in the shares of Gita Renewable Energy a year ago would have turned into Rs 41.97 lakh today.

Read more about 13 X, XT group stocks have surged over 500% thus far in 2021 on Business Standard. A quick calendar year-to-date price check on the stocks from the categories put under 'Add-on Price Band Framework' by the BSE reveals a total of 210 stocks have seen their price more than double

The BSE clarified its circular on new price surveillance measures today, which sparked a massive sell-off in midcap and smallcap equities today and Tuesday.

Shares of this renewable energy company have risen 3,600 per cent in the past year aided by a puny free-float of 1.1 million shares and a 10,600 per cent surge in turnover.