Hidden gem: This stock climbed 530% over the past two months and you didn't know about it - News Summed Up

Hidden gem: This stock climbed 530% over the past two months and you didn't know about it


Sales growth for the quarter stood at Rs 7.72 per cent.The company outperformed the industry average on most parameters. Some such gems out quietly, creating money for investors as one stays focused on the headline grabbers. NEW DELHI: Finding gems on Dalal Street is difficult. It's market capitalisation has swelled to Rs 5,716 crore. We found one such gem: Shriram Piston & Rings.The company, which was listed on the National Stock Exchange on June 9, 2016, has managed to generate 530 per cent returns so far, hitting the upper circuit for 42 consecutive trading sessions.The stock was listed at Rs 385 and traded at Rs 2,427 as of August 11.


Source: Economic Times August 12, 2016 05:03 UTC



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