The Sensex has hit a new peak surging almost 1800 points since the Brexit crisis three weeks ago. Here are stocks that gained as much as 50% in three weeks.
Gravita India has jumped from Rs 17.45 on June 24 to the current price of Rs 28.75. That is a gain of more than 70 per cent.
Gravita India is one of the largest lead producers in the country. The reason for the jump is hopes of a solid rebound in earnings on the back of industrial recovery.
Adhunik Industries has gained more than 60 per cent in the last three weeks. The stock has jumped from Rs 56.80 to Rs 94.50. The company is a major player in the steel rolling business.
This is also a stock that made good money for investors in three weeks. The stock was up more than 50 per cent from Rs 18.20 to Rs 30.10.
The company is a part of the Indiabulls group and is a prominent broking firm in the country and provides allied financial services.
Bengal and Assam Tea Company
This stock has see a vertical rally from Rs 565 to the current market price of Rs 834. The stock is among the few stocks that has seen a vertical rise since the start of the year.
The company is a leading tea player in the country.
Fortune Financial Services
Fortune Financial Services is another stocks that has gained huge traction in three weeks of near 50 per cent. The stock has moved from levels of Rs 151 on July 24 to the current levels of rs 228.
The company is among the leading stock brokers in the country which also provides distribution of Mutual Funds, IPO & Insurance products and also Investment banking services.
This is a low priced stock that has moved to Rs 9.70.the company was in the news recently after reports that 7 hedge funds have filed a lawsuit against the company in the UK courts.