NEW DELHI: Retail investors seem to have made a killing on at least nine stocks from BSE 500 and BSE Midcap. These scrips have delivered a whopping 100-400 per cent return in 2021 so far, compared with 25-31 per cent return in the benchmark indices.
These stocks had a market capitalisation in excess of Rs 1,500 crore on Thursday, and have retail ownership in excess of 20 per cent as of the June quarter.
Balaji Amines, where the retail ownership stood at 23.01 per cent as on June 30, is up 400 per cent year-to-date. Retail ownership in this stock has remained stable in the two quarters of the year.
Happiest Minds, which got listed in September last year, has delivered a solid 316 per cent return year-to-date. Retail investors owned 23.02 stake as of the June quarter, up 427 basis points over the December quarter’s 18.75 per cent stake.
Tata Elxsi has soared 212 per cent this year. This Tata group firm has a retail ownership of 29.46 per cent. HFCL, Deepak Nitrite and Deepak Fertilisers are the three retail-heavy stocks that have seen 159-183 per cent rally in 2021. Two of these stocks — HFCL (up 320 basis points) and Deepak Nitrite (229 basis points) — have seen retail investors upping their stakes in the last two quarters. Retail ownership in these stocks stood in the 22-28 per cent range.
Sonata Software, Tata Motors DVR and Nocil have seen 105-134 per cent rally this year. Retail investors mostly cut their positions in the three stocks in the first two quarters of 2021. Yet, they hold 22-32 per cent stakes in the companies.
In total, the market capitalisation of the nine stocks soared 199 per cent to Rs 1,42,307 crore on Thursday compared with Rs 47,604 crore as on December 31.
Meanwhile, Tata Coffee, Rain Industries, Tata Chemicals, GNFC, Tata Metaliks, PTC India, Jammu & Kashmir Bank and Navin Fluorine International are among the retail-heavy stocks that have delivered 50-100 per cent returns year-to-date.
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