You spent Rs 3,500 on your Valentine 3 years back? A stock could make it Rs 50,000 today
How about gifting a stock to your Valentine this February 14?
Consider this: An investment of Rs 3,500 made on February 14, 2014, in Dalmia Bharat Sugar would have become Rs 50,000 this February; i.e. in three years.
The share price of Dalmia Bharat Sugar has rallied from Rs 13 on February 14, 2014, to Rs 182.50 as of February 8, 2017. This translates into a 1,304 per cent return during this period, when the benchmark NSE Nifty climbed nearly 35 per cent.
With a market capitalisation of Rs 1,477 crore (as of Feb 8), Dalmia Bharat Sugar is engaged in manufacturing of sugar, generation of power, manufacturing of industrial alcohol and manufacturing of refractory products.
Even beyond Dalmia Bharat, there are 12 other stocks on NSE that have delivered over 500 per cent return to investors during this period.
The list includes ITD Cementation (up 1,092 per cent), Aarti Industries (up 792 per cent), Sterlite (up 739 per cent), Sundram Fastener (up 671 per cent), BEML (up 550 per cent) and Jubilant Life (up 498 per cent).
Market experts are positive on the outlook for the domestic equity market. Gaurav Dua, Head of Research at Sharekhan, sees the Sensex around the 33,000 mark over the next 12 months.
Global brokerage firm Morgan Stanley on Thursday said it expects the Sensex to touch the 39,000 mark by this December in a ‘bull case’ scenario. The brokerage has a base case (50 per cent probability) target for BSE Sensex at 30,000, a bull case scenario (30 per cent probability) of 39,000 and a bear case scenario (20 per cent probability) of 24,000.
Sector-wise, Morgan Stanley is ‘overweight’ on consumer discretionary, financials and technology and ‘underweight’ on consumer staples, energy, materials and telecom.
Largecap stocks such as HDFC Bank (up 103 per cent), Indian Oil Corporation (up 230 per cent) and Maruti Suzuki (up 277 per cent) also doubled investor wealth since February 14, 2014.
Other gainers include Bajaj Finance (up 615 per cent), Finolex Cables (up 496 per cent), Bajaj Finserv (up 440 per cent), Eicher Motors (up 392 per cent) and Prism Cement (up 346 per cent).
SML Isuzu, Trident, Ajanta Pharma and PC Jeweller were among the stocks that have soared between 300 per cent and 400 per cent in the past three years.
There have been many laggards, too. For instance, Bhushan Steel, Just Dial, Reliance Communications, Jindal Steel and Adani Enterprises have declined 87 per cent, 73 per cent, 71 per cent, 61 per cent and 57 per cent, respectively, in these three years.
Consider this: An investment of Rs 3,500 made on February 14, 2014, in Dalmia Bharat Sugar would have become Rs 50,000 this February; i.e. in three years.
The share price of Dalmia Bharat Sugar has rallied from Rs 13 on February 14, 2014, to Rs 182.50 as of February 8, 2017. This translates into a 1,304 per cent return during this period, when the benchmark NSE Nifty climbed nearly 35 per cent.
With a market capitalisation of Rs 1,477 crore (as of Feb 8), Dalmia Bharat Sugar is engaged in manufacturing of sugar, generation of power, manufacturing of industrial alcohol and manufacturing of refractory products.
Even beyond Dalmia Bharat, there are 12 other stocks on NSE that have delivered over 500 per cent return to investors during this period.
The list includes ITD Cementation (up 1,092 per cent), Aarti Industries (up 792 per cent), Sterlite (up 739 per cent), Sundram Fastener (up 671 per cent), BEML (up 550 per cent) and Jubilant Life (up 498 per cent).
Market experts are positive on the outlook for the domestic equity market. Gaurav Dua, Head of Research at Sharekhan, sees the Sensex around the 33,000 mark over the next 12 months.
Global brokerage firm Morgan Stanley on Thursday said it expects the Sensex to touch the 39,000 mark by this December in a ‘bull case’ scenario. The brokerage has a base case (50 per cent probability) target for BSE Sensex at 30,000, a bull case scenario (30 per cent probability) of 39,000 and a bear case scenario (20 per cent probability) of 24,000.
Sector-wise, Morgan Stanley is ‘overweight’ on consumer discretionary, financials and technology and ‘underweight’ on consumer staples, energy, materials and telecom.
Largecap stocks such as HDFC Bank (up 103 per cent), Indian Oil Corporation (up 230 per cent) and Maruti Suzuki (up 277 per cent) also doubled investor wealth since February 14, 2014.
Other gainers include Bajaj Finance (up 615 per cent), Finolex Cables (up 496 per cent), Bajaj Finserv (up 440 per cent), Eicher Motors (up 392 per cent) and Prism Cement (up 346 per cent).
SML Isuzu, Trident, Ajanta Pharma and PC Jeweller were among the stocks that have soared between 300 per cent and 400 per cent in the past three years.
There have been many laggards, too. For instance, Bhushan Steel, Just Dial, Reliance Communications, Jindal Steel and Adani Enterprises have declined 87 per cent, 73 per cent, 71 per cent, 61 per cent and 57 per cent, respectively, in these three years.
