Nifty Index Shares with 11%-21% Price Gain in 3rd week of June
Indian capital markets continued to soar new heights and test its resilience amidst profit booking. A number of Nifty Index stocks managed to deliver in the range of 11%-21% price gain during the week. Almost all the stocks were from Nifty500 with sole exception of a single Nifty50 stock in the list.
Renuka Sugars (NSE: RENUKA) was the stock with topmost price returns with 21% gain. Its stock price rose to Rs 34 from Rs28.10. Other top three stocks delivered 19% price gains. Simplex Infrastructure (NSE: SIMPLEXINF) and Venky’s (India) Ltd (NSE: VENKEYS) delivered similar returns of 19%.
Bharat Electronics (NSE: BEL) delivered 17% price returns during the week as its shares soared to Rs175 from Rs 149. DCW Ltd (NSE: DCW) managed to deliver 15% price returns during the week. Two Consumer Goods stocks Shoppers Stop (NSE:SHOPERSTOP) and Godfrey Phillips India (NSE: GODFRYPHLP) delivered similar price returns of 11% during the week.
ALLCARGO and KCP stocks delivered 13% price returns during the week. HFCL was the only Telecom stock in the list, it managed to gain 12% during the week. Kesoram Industries (NSE: KESORAMIND) was another stocks that delivered 12% price gains during the week.
Maruti Suzuki India (NSE: MARUTI) was the only Nifty50 stock in the list it managed to gain 11% during the week, MERCATOR was another stock that delivered 11% price returns.