Market Slump Can’t Stop Them: 5 Stocks That Gave Bumper Returns
Even amidst the market downturn, these 5 stocks delivered bumper returns: The past week was quite volatile for the stock market. However, the market ended on a negative note. The BSE Sensex fell by 769.67 points or 2.43 percent to close at 81,537.70, while the Nifty50 declined by 241.25 points or 2.51 percent to close at 25,048.65. Despite this, there were five stocks that gave shareholders returns of up to 49 percent in just five days.
Parvati Sweetners Share Price:
Parvati Sweetners and Power’s share price surged from ₹7.22 to ₹10.73 last week, giving investors a return of 48.61 percent. This is a very small company with a market capitalization of ₹160.03 crore. On Friday, its share price jumped by ₹1.03 or 10.62% to close at ₹10.73.
Dhampur Bio Organics Share Price:
Dhampur Bio Organics’ share price surged from ₹74.45 to ₹96.27 last week, giving investors a return of 29.31%. On Friday, its share closed at ₹96.27, up ₹16.04 or 19.99%. At this price, the company’s market capitalization is ₹630.10 crore.
Simandhar Impex Share Price:
Simandhar Impex’s share price rose from ₹70.08 to ₹89.41 last week, giving investors a return of 27.58%. On Friday, its share closed at ₹89.41, up ₹4.25 or 4.99%. At this price, the company’s market capitalization is ₹27.33 crore.
IDream Film Infrastructure Share Price:
IDream Film Infrastructure’s share price increased from ₹260.55 to ₹332.40, resulting in a return of 27.58%. The company, with a market capitalization of ₹4.99 crore, saw its share close at ₹332.40 on Friday, up ₹15.80 or 4.99%.
Amit Securities Share Price:
The last name on the list is Amit Securities, whose share price jumped ₹2.53 or 4.99% to close at ₹53.28 on Friday. It delivered a return of 27.56% over the entire week.
ALSO READ: Deposit ₹2,000 Every Month, Get ₹22,732 on Maturity, Know This Post Office Scheme
