4 Stocks That Have Given More Than 30% Returns In 7-Days

Markets gained last week, thanks to the Union Budget, but, gave-up the momentum towards the end of the week. Here are a few stocks that gained more than 30% in 7-days.

Ambika Cotton Mills

Shares of Ambika Cotton Mills jumped more than 37% in 7 trading sessions. The stock has now hit a 52-week high of Rs 2,762. The shares of the company have jumped more than 300% from levels of Rs 845. Earlier last week, the shares of the company were locked at the upper end of the circuit filter with only buyers in the counter.

The company manufactures 100% cotton compact yarn counts varying from 20s to 120s combed which goes for the manufacture of premium branded shirts and t-shirts globally.

Nahar Capital and Financial Services

Nahar Capital and Financial Services have zoomed more than 31% in the last 7-days. The shares are now trading at almost the 52-week highs at Rs 556. The stock has jumped several fold from 52-week low of Rs 82, seen on Feb 3, 2021.

The main business of the company investment in shares, debentures, stock, bonds and securities of all kinds and other businesses generally carried on by finance and investment companies. Nahar Capital and Financial Services is also doing lending activities. The Company usually lends against the security of shares, Government Bonds, gold, property and other assets.

Elgi Equipments

The shares of Elgi Equipments has gained 32.4% in the last 7-days. The shares of the company hit a 52-week high on Feb 3 at Rs 419.60. The shares have jumped almost 3 times from 52-week lows of around Rs 159.

Elgi Equipments is engaged in manufacturing of air compressors which have applications in the area of mining, pharmaceuticals, ship building, power, oil, chemicals, textiles, printing, paper, transport, electronics, telecommunications, defence, medical, railways etc.

Elgi Equipment shares were last seen trading at Rs 413 on the NSE.

MAS Financial Services

MAS Financial Services stock has jumped more the 31% in the last 7-trading days. The shares of MAS Jumped a solid 14% on Friday, closing the week strongly. However, the shares are still very far away from the 52-week highs of Rs 977 hit in March last year.

MAS Financial provides loans to the SME sector as well as individuals. Current focus of MAS is on the vast lower income and middle income groups of the society, spread across urban, semi urban and rural areas, and including formal and informal sector.

Shares of MAS Financials were last seen trading at Rs 659 on the BSE.