With returns soaring beyond the imagination of many, these Kolkata-based firms have become the talk of the town, capturing the attention of investors far and wide.
At the forefront of this remarkable performance is Jai Balaji Industries, which has seen an astounding surge of 1601% in its stock value over the past twelve months. Following closely behind is Websol Energy System, boasting an impressive 680% increase, while Gallantt Ispat follows suit with a remarkable 515% jump. The upward trajectory doesn’t stop there, with TIL, Electrosteel Castings, and GPT Infraprojects all clocking in gains of 498%, 379%, and 365% respectively.
Hindustan Copper, Jupiter Wagons, and Himadri Speciality Chemical have also made their mark with substantial returns of 270%, 268%, and 229% respectively. Meanwhile, Msp Steel & Power, Mangalam Cement, and Titagarh Rail Systems have seen their stocks surge by 215%, 214%, and 210% respectively. Texmaco Rail & Engineering, MSTC, and Skipper have not lagged behind either, each boasting gains of 209%, 199%, and 192% in the past year.
The trend extends across various sectors, encompassing companies like Kesoram Industries, IFGL Refractories, and Techno Electric & Engineering, all of which have witnessed significant increases in their stock values by 179%, 178%, and 176% respectively. Vesuvius India, The Orissa Minerals Development, and Exide Industries have also enjoyed substantial growth, with gains of 151% each.
Furthermore, companies like Tega Industries, CESC, and Balmer Lawrie & Company have seen their stocks surge by 123%, 123%, and 121% respectively, highlighting the diversity of sectors contributing to Kolkata’s remarkable financial landscape. Pilani Investment & Industries Corporation, Ramkrishna Forgings, and PCBL have also posted impressive returns of 119%, 117%, and 110% respectively.
Tide Water Oil Co India, Linde India, and Shyam Metalics & Energy have continued this trend with gains of 110%, 106%, and 105%, while Graphite India rounds off the list with a noteworthy increase of 103%.
The surge in stock prices of these Kolkata-based companies reflects a combination of factors including robust business strategies, effective management