India 2020 India

Despite covid woes, majority of Nifty500 stocks up more than 50% from March 2020

Reading now: 720
www.livemint.com

Mint analysis of top 500 stocks by market capitalisation showed that more than 400 stocks rose more than 50% in the said span.

Further, 247 stocks have surged more than 100%, outperforming the Nifty500 index, which has risen 93% from its March 2020 low of 6,243 to 12,055 currently.Shares of telecom infrastructure company Tanla Platforms Ltd have rallied the most in this span, surging 2179%, followed by Intellect Design Arena Ltd with 1448% returns.

Next in line are Adani Group shares with Adani Total Gas Ltd and Adani Enterprises Ltd rallying 1311% and 845%, respectively.

The stellar performance of the group’s stocks comes alongside its rapid expansion across ports, airports and gas distribution, among others.Hindustan Copper Ltd, Laurus.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA