top of page
  • Writer's pictureShekhar Yadav

Stock Market Returns in the 5 years of Modi Government

The current government at helm is about to complete its tenure of 5 years in a month. Let us look at how the companies fared during these 5 years in the blog “Stock market returns in the 5 years of Modi government”. I have used the below data points:

Start date: 16 May 2014

End date: 16 April 2019

Market cap as on 16 April 2019

Standalone Net sales, PAT & Total assets for FY19.

Stock market returns in the 5 years of Modi government

List of Companies which has given more than 10 times returns in the last 5 years

When compared with similar returns a year back in this blog,  there was 9 companies which gave a return of more than 25 times(25X) compared to just 5 giving a return of over 25x in the current analysis. The bear market which started with the IL&FS crisis lasted for about 6-7 months had sent most of the stocks to their 52 week low, thus reducing the returns of many multibaggers.

There were 3 companies featuring in both the lists: Sadhana Nitrochem, Uniply Industries, Associated alcohols. All three of them are small cap stocks with market capitalization < ₹1000cr. Stock market returns in the 5 years of modi government

Stock market returns in the 5 years of modi government

I was trying to understand the reason why these 5 stocks gave such a mind boggling return and what can we learn from them. Please find below a very short analysis for the top 5 return givers:

Sadhana NitroChem- Analysis

Uniply Industries- Analysis

Associated Alcohols & Breweries- Analysis

Olectra Greentech- Analysis

Minda Industries-Analysis

Further reading: I am sure there might be other company with similar number but due to some or the other reason have not got given similar returns. 

18 views0 comments

Related Posts

See All

Comentários


bottom of page