Shares of Adani Green Energy Ltd, Adani Total Gas Ltd and Adani Enterprises Ltd rallied 825%, 818% and 719% respectively in the past year.
These were the top three gainers among the top 200 stocks by market capitalization.
A year ago, the coronavirus pandemic had wreaked mayhem on Dalal Street. With the Nifty 200 index declining as much as 37% from its peak in February 2020, investors were fleeing as if it was the end of the world.
But, as they say, fortune favours the brave. Investors who bought stocks a year ago have made great returns.
The Nifty 200 index has risen 97% in the past year. Barring Yes Bank Ltd and gems and jewellery designer Rajesh Exports Ltd, investors could have blindly picked any stock from among the top 200 by market capitalization and made decent returns.
Surjitt Sahani
