Top stocks of FY18: HEG rallies 1,343%; Graphite India up 573%

The S&P BSE Sensex gained 12 per cent in financial year 2018 (FY18), compared to a 16% rise in the previous corresponding period. Among individual stocks, around 20 scrips in the S&P BSE 500 index surged over 100 per cent in FY18.

The top gainers of FY18 include HEG that rallied 1,343 per cent, followed by Graphite India and Indiabulls Ventures that gained 573 per cent and 324 per cent respectively, Ace Equity data show.

Some of the other stocks that more than doubled investors’ wealth in FY18 include Avanti Feeds, Sterlite Technologies, Radico Khaitan, Indiabulls Real Estate, Avenue Supermarts, Nocil, NIIT Technologies, V-Mart, Adani Transmission and Rain Industries.

HEG had reported a robust performance during the first nine months (April-December) of current financial year 2017-18 (FY18), posted net profit of Rs 4,473 million. It had reported a net loss of Rs 466 million during the same period of FY17 and loss of Rs 500 million in entire FY17.

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