12 BSE 500 stocks rallied up to 65% in 3 months, defying market trend.
Context
What happened: Twelve BSE 500 stocks rallied between 25% and 65% over the past three months, even as the benchmark index declined nearly 2% and the BSE 500 index slipped around 5%.
Key numbers: Welspun Living rose 64% from Rs 154 to Rs 253. Ather Energy gained 41% from Rs 1,273 to Rs 1,798. Welspun Corp advanced 36% from Rs 1,711 to Rs 2,320. PVR Inox, PTC Industries and Cyient each climbed 33%.
Why it matters: The gains came during a period of broader market weakness, when several BSE 500 stocks saw sharp corrections, showing that a handful of stocks bucked the trend.
Why it matters
The gains came during a period of broader market weakness, when several BSE 500 stocks saw sharp corrections, showing that a handful of stocks bucked the trend.