Top 20 Stocks To Shop

While taking a stock of top 20 stocks in last 20 months, (January 2, 2017 to September 17, 2018), we tried to look at the companies that not only outperformed but also rewarded their share holders with handsome returns.

- Yagnesh Kansara

These have been benchmarked against the frontline indices viz, BSE Sensex and NSE’s Nifty, and also against BSE-500 and NSE-500.

For this analysis, we have taken into account only those stocks whose market capitalisation is 50,000 crore or above. And out of the 60 companies that qualified, the top 20 were selected based on the absolute returns given by them during this period. The selected stocks have not only outperformed both the indices but have almost doubled investors’ wealth.

Of late though there have been some corrections in the price level, the benchmark indices are still ruling high. The motive behind this study is to show, how much gain some of the top stocks have accrued and whether the time of exercising caution has already arrived ahead of the next two-three quarters, which are expected to be full of uncertainty. There could be various causes for this, it may include upcoming elections, firming up crude prices, hanging sword of trade war or other factors affecting the economy.

Bajaj Finance: The leading non-banking finance company (NBFC), belonging to the Rahul Bajaj Group, has seen its share price rising from 869.95 to 2605.95, a gain of 199.55 per cent.

JSW Steel: The Sajjan Jindal group and country’s second largest private sector steel manufacturer’s share price has upped 151.52 per cent, from 333.05 to 824.10.