NEW DELHI: 2,400 per cent returns in three years!Yes, it did happen. As many as 10 alpha stocks zoomed anywhere between 500 per cent and 2,400 per cent in the past three years. Alpha stocks are those that deliver higher returns relative to a broader market benchmark. Shares of SRF have been trading at Rs 1,900-odd level compared with Rs 170 it quoted in 2013. High-beta stocks deliver better returns in a bullish market, but tend to fall sharply in a market selloff.
Source: Economic Times October 17, 2016 04:45 UTC