An investment of just Rs 10,000 in any of these companies is now over Rs 1 lakh despite the roller-coaster ride of the market during March 2015 to 2018, data available with corporate database Ace Equity showed.
Investors of pharma firm Medicamen Biotech three years back are laughing their way to
NR Agarwal Industries, Thirumalai Chemicals, Agri-Tech (India), Jindal Worldwide, Sadhana Nitro Chem, Venky’s India and Confidence Petroleum India have also rallied 1,500-2,300 per cent during the same period.
Brokerage firm Kotak Securities has an ‘Accumulate’ rating on Venky’s India with a target price of Rs 4,600.
Out of the 33 companies, 5 are from the chemical sector, 3 from textiles and 2 from the trading industry. Others have interest in graphite electrode, auto ancillary, wood and wood products, agriculture, paper and paper products and sugar.