The midcap and smallcap segments of the stock market have seen significant gains in the past six months, outperforming the Nifty 50 and Sensex benchmarks. An analysis of stocks with a market capitalization of at least Rs 1,000 crore identified 10 companies that have delivered high returns but are still trading below the industry average price-to-earnings (P/E) ratio. These stocks include Suzlon Energy, Kalyan Jewellers India, Amber Enterprises India, Whirlpool of India, DLF, Brigade Enterprises, Godrej Properties, and Chalet Hotels.
Sebi halts trading in Bharat Global Developers shares amid suspicious price surge
Bharat Global Developers’ shares fell 5% after SEBI suspended trading and banned promoters due to concerns over financial disclosures. The company’s stock surged 2,304% in