156 multibaggers in a year; 27 stocks rally over 200%

As many as 156 stocks from the BSE 500 and small-cap index have surged an over 100% each in past one year, after a strong rally in equity markets. Of these, 27 stocks that includes Aptech, Lumax Industries, Vedanta, Indian Bank, Venky's India, Manappuram Finance, Escorts and Datamatics Global Services have appreciated over 200% since February 29, 2016 when the S&P BSE Sensex hit its 52-week low in intra-day deals. By comparison, the S&P BSE Sensex at around 28,743 levels has rallied 25% since then. On the other hand, the S&P BSE 500 index and the S&P BSE Small-cap index have rallied 32% and 43%, respectively. Financial Astrology Tips

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A strong inflow of more than Rs 85,000 crore collectively by the foreign portfolio investors (FPIs) and mutual funds in equities during the past one year has fuelled the market rally. That apart, an improvement financial performance by these companies for the trailing twelve-month (TTM) period ended December 31, 2016 is also partly responsible for increased investor participation in these stocks. Astrology and Numerology Trading Tips 

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While FPIs have made a net investment of Rs 46,952 crore, mutual funds have invested Rs 41,057 crore in equities, data show. As per sectoral classifications, around 17 stocks are from the chemicals and 15 from financial including banks. That apart, stocks of companies in the steel, pharmaceuticals, auto ancillary and cement sectors, too, have seen a good appreciation. Commodity Trading Tips

Improved performance

Out of 156 companies, 153 firms had posted more than doubled aggregate net profit of Rs 43,093 crore for the TTM ended December 2016 (TTM2016). These companies had profit of Rs 19,756 crore for TTM ended December 2015 (TTM2015). Thirumalai Chemicals - the largest gainer among these pack for instance - has seen its market value appreciate 537% to Rs 837. The company had reported a consolidated net profit of Rs 75.76 crore for TTM2016 against Rs 5.94 crore in TTM2015. Vedanta has rallied 266% from Rs 70.85 to Rs 259 after the company trimmed its consolidated net losses to Rs 7,448 in TTM2016. It had reported a loss of Rs 16,907 crore in TTM2015. Nifty Trading Tips