In the wake of Covid 19 which led global stocks to see unprecedented fall, some of the Indian stocks even despite the lockdown led disruption have managed to deliver stupendous return. Herein gains are calculated basis the market cap of all the listed companies of these groups.
1. Avenue Supermarts:
Ever since the tremendous fall that was encountered on March 23 and till May 28 has managed to deliver a return of 26%. The group is led by RK Damani who runs DMart supermarket chain.
2. Aditya Birla group:
Taking into account its all listed firms that include Aditya Birla Fashion, Grasim Industries, Vodafone Idea among other has clocked a return of 28% during the period.
3. HCL Group:
Shiv Nadar group has also clocked a massive rally of 30% during the period.
4. Anil Agarwal led Vedanta Group:
Also post the announcement of the delisting plan for its flagship company, Vedanta has shown its share price rise significantly.
5. Bharti Group:
Bharti telecom which is the parent company announced share stake sale plan in Bharti Airtel. Also, the company's business of telecom has been geared up during the lockdown with increased data usage. And on account of it and company's other moves such as QIP and an overseas bond issue, the company's share price has jumped 40%.
6. Sun Pharma:
Amid the pandemic Covid 19, Sun Pharma has clocked a 42% gain in its stock price.
7. Adani Group:
The group ranks second among business houses to rope the highest appreciation in stock price of Adani Green and Adani Ports during the period.
8. Mukesh Ambani:
Through deals one after the other, Reliance group has been the leader when it comes to rise in stock price of its group companies. Also, the company's rights issue is currently underway through which it is intended to raise Rs. 53,124 crore.