Benchmark indices zoomed 17% in CY17; 13 stocks from BSE 500 zoomed over 100%

India’s key benchmark indices Sensex and Nifty witnessed a surge of about 17 per cent in the calender year 2017, while 13 stocks from BSE-500 became multi-baggers during the corresponding period.  
 
A stock qualifies as a multi-bagger if it provides a return of more than 100 per cent during a specific period of time. Avanti Feeds and Indiabulls Real Estate were the top multi-baggers during the period, with a growth of 187 per cent in CY17.
 
Avanti Feeds is a leading prawn and fish feed manufacturer and shrimp processor and exporter. The stock that was quoted at Rs 490 level on December 30, 2016, surged to Rs 1,407 on Friday, June 23, 2017. Indiabulls Real Estate surged to Rs 204 by June 23, 2017, from Rs 71 on December 30, 2016.                 
 
Avanti Feeds and Indiabulls Real Estate were followed by Future Lifestyle Fashions and Jaiprakash Associates on BSE-500, both zooming over 130 per cent during the corresponding period.
 
Further, Escorts Ltd, Motilal Oswal Financial Services, low cost airline Spicejet and IIFL Holdings surged by over 120 per cent during the same period. Also, GIC Housing Finance, Adani Transmission, Sunteck Realty, Can Fin Homes and Minda Industries soared 101-111 per cent between December 30, 2017 and June 23, 2017.