Top five stocks with highest percentage gains post elections
Biswajit Yadav / 23 May 2014
As a new government came into power, many stocks are trading at their yearly high. In this article we present you the top five stocks which belongs to group "A" and have given highest return post election results.
Metals and Minerals Trading Corporation of India (MMTC): As the name suggests, the company is engaged in the business of metals, minerals, fertilizer etc., and is one of the highest forex earner in India. The shares of the company was trading at Rs 59.10 per share on 15th May, 2014 and closed at Rs 91.90 per share on 22nd May 2014 up 55.50%.
Unitech: It is one of the largest realty players in Indian real estate sector. The shares of the company was trading at Rs 18.35 per share on 15th May, 2014 and closed at Rs.26.05 per share on 22nd May, 2014 up 41.96%.Gitanjali Gems: Founded as a single company engaged in cutting and polishing diamonds for the jewellery traded at Surat, Gujarat etc., in 1966 and it was the first major diamond and jewellery house to be launched and run by modern entrepreneurs. The shares of the company was trading at Rs 65.85 per share on 15th May 2014, closed at Rs 91.40 on 22nd May 2014 up 40.94%.
IB Real Estate: Indiabulls Real Estate is one of the largest real estate company in India with development projects spread across high-end offices and commercial complexes, premium residential developments, mega townships. It has 31 ongoing projects totaling 72.86 million square feet. On 15th May 2014 the shares of the company was trading at Rs 65.80 and on 22nd May 2014 and closed at Rs 90.05 up 36.85%.
JP Hydro: One of the company of the JayPee group indulged into the business of hydro power generation was trading at Rs 16.84 on 15th May 2014 was closed at Rs. 22.71 per share 22nd May 2014 up 34.85%.
Methodology : Stocks are chosen on the basis highest percentage returns from 15th May 2014 to 22nd May 2014 (Post elections). All Scrips belong to “A” group.
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