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unbelievable returns are provided by these stocks in last 3 years.
Domestic equity benchmarks BSE Sensex, BSE Midcap Index and BSE Smallcap Index have surged up to 68 per cent in the three years since the Modi government took charge in May 2014.
But in the broader market, select stocks have risen as much as 11,850 per cent, or 120 times, during this period. The Modi-led National Democratic Alliance government completes three years in office on May 26, 2017.
62 stocks on BSE multiplied investor wealth by over 10 times during this period with smallcap firm Ducon Infratechnologies surging the most at 120 times, or 11,851 per cent, to trade at Rs 37.05 as of May 23 from Rs 0.31 as of May 26, 2014.
The gains show an investment of Rs 1 lakh in the stock way back in May 2014 would have become over Rs 1 crore today.
Penny stocks back in 2014, are trading in three figures now, having soared over 10 times in these three years.
Since May 26, 2014, the BSE Sensex advanced 23 per cent till May 23, 2017, whereas BSE Midcap index and BSE Smallcap index have risen 68 per cent and 66 per cent, respectively.