4 Stocks That Gained Up To 51% In Just 5 Days

Share markets witnessed a decline all across the globe on Friday amid fears of interest rate hikes and recession worries weighed on the minds of investors. United Kingdom recorded a sharp fall in consumer spending in August. Meanwhile, Nikkei declined over 1%, European markets and Chinese share markets also traded in red.

The BSE Sensex fell by 1100 points and Nifty lost 350 points on Friday. Amid the decline in share markets globally, 4 stocks traded in green and gained up to 51%. Check below:

Tata Investment Corporation Ltd

The shares of mid-cap company Tata Investment Corporation Surged by 51% in a period of just 5 days. The stock gained 83% in 1 month. The current market price of the stock is Rs 2763 apiece after an intraday gain of 2.72% on September 16, 2022. The stock's 52-week high is Rs 2886 apiece and 52-week low is Rs 1218 apiece, respectively. The company has a market capitalization of Rs 13,984 crore.

The Company became a subsidiary of Tata Sons Ltd. in February, 2008. Tata Investment Corporation is a non-banking financial company. Tata Investment Corporation Limited (TICL) is a non-banking financial company. The company is primarily engaged in investing in long-term investments such as equity shares and equity-related securities.

Tata Investment Corporation Limited was promoted by Tata Sons Ltd., in 1937, under the name The Investment Corporation of India Limited.

Ceat Ltd

The mid-cap tyre sector stock gained 16% in just 5 days and 17% in 1 month. The current market price of the stock is Rs 1595 apiece with a 52-week high of Rs 1787 apiece and 52-week low at Rs 890 apiece, respectively. The company has a market capitalization of Rs 6,453 crore.

It came into existence in 1958 and has now emerged as one of the leading tyre manufacturers in India. Apart from manufacturing tyres, it is also engaged in manufacturing and marketing tubes and flaps. It manufactures vast range of tyres for two-wheelers, three-wheelers, four-wheelers, and trucks, among others.

KRBL Ltd

The shares surged by 16% in a span of 5 days and 28% in 1 month. The current market price of the mid-cap company is Rs 352 apiece. Its 52-week high is quoted at Rs 379 apiece and 52-week low is quoted at Rs 184 apiece, respectively. The company has a market capitalization of Rs 8,289 crore at the time of writing the story.

KRBL Ltd came into existence in 1993. With a rich industry experience of more than a century, KRBL Limited has created its place as the top player in the Indian rice industry and also as India's first integrated rice company, according to its official website.

Kalyan Jewellers India Ltd

The current market price of the stock is Rs 94 with a 52-week high at Rs 101 and 52-week low at Rs 55 apiece, respectively. The company has a market capitalization of Rs 9,728 crore. The stock has given a return of 14% in just 5 days and surged 32% in 1 month.

With over 150 showrooms, Kalyan Jewellers is spread across India and the Middle East. It has a strong presence across 21 states and union territories, and its 120-plus network of showrooms cover all major cities, according to its website.