With a sharp rally of 3,663%, Spright Agro is the top gainer in the list. Shares of the company traded at Rs 35.84 on May 6, 2024, against Rs 0.95 exactly two years ago
Q2 Results: Today, a handful of major companies will be releasing their Q2 results, including Bajaj Electricals Ltd, Nykaa, HPCL, Divi's Laboratories, Max Healthcare Institute Ltd, Radico Khaitan Ltd, and many more.
With a gain of 1,981 per cent, Kaiser Corporation stood as the top gainer in the list. Shares of the company surged to Rs 58.05 on December 5, 2022 from Rs 2.79 on December 31, 2021
Ambar Protein Industries and IKAB Securities & Investment also rallied 2,636 per cent and 1,847 per cent respectively during the period. Gensol Engineering also rose 1,637 per cent during the same period, the data suggest.
An inclusion of select little-known stocks from the broader space has managed to add spark to investors' portfolios despite the tepid performance of the benchmark equity indices since Diwali last year. Data available with Ace Equity showed that as many as 14 stocks in the smallcap space have soared over 1,000 per cent since November 4, 2021. On the other hand, Sensex and Nifty have plunged nearly 3 per cent during the same period.
The data available on AceEquity suggests that as many as 150 penny stocks have scripted a 'rags to riches story', rallying up to 1,700 per cent in the last six months. Meanwhile, Sensex has corrected about 6 per cent in the same period from its 52-week high of 62,245 touched on October 19.