Watch out for these Financial Services Sector stocks that hit over 118 per cent in just 1 month; do you own any?

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Watch out for these Financial Services Sector stocks that hit over 118 per cent in just 1 month; do you own any?

India has a diversified financial sector undergoing rapid expansion both in terms of strong growth of existing financial services firms and new entities entering the market. 

On Friday, at the closing bell, BSE Sensex Index and NSE Nifty-50 ended the trading session in the green. Both headline indices were up by 0.75 per cent each. 

India has a diversified financial sector undergoing rapid expansion both in terms of strong growth of existing financial services firms and new entities entering the market. 

However, the financial sector in India is predominantly a banking sector with commercial banks accounting for more than 64 per cent of the total assets held by the financial system. 

The Government of India has introduced several reforms to liberalise, regulate and enhance this industry. 

The BSE Financial Services Index is up by 0.54 per cent in 1 day and over 9 per cent in 1 month. 

Following are the Financial Services Sector stocks that hit over 118 per cent in just 1 month:  

Company Name 

LTP (Rs) 

1 Month Returns (%) 

Pulsar International Ltd 

108.34 

118 

Sunshine Capital Ltd 

161.34 

114.83 

JJ Finance Corporation Ltd 

24.22 

105.95 

Gujarat Investa Ltd 

18.70 

97.05 

Standard Capital Markets Ltd 

88.38 

90.80 

Ashirwad Capital Ltd 

7.43 

87.15 

Indianivesh Ltd 

63.03 

79.93 

Gajanan Securities Services Ltd 

56.63 

76.75 

Jindal Leasefin Ltd 

36.82 

74.42 

Credent Global Finance Ltd 

124.14 

71.27