From Adani Green to HAL – these 10 stocks have defied the market meltdown
Jan 24, 2022
Credit: BCCL
Nifty50 has shed over 1,000 points in the last one week, after testing & crossing the 18,000 level a few times
Credit: BCCL
However, these 10 stocks have defied the market meltdown, gaining up to 40 percent since the beginning of 2022
Credit: BCCL
Top 10 stocks that defied the share market meltdown
Credit: Business Insider India
Adani Green
Gained nearly 40 percent in the last one month. Its energy sale doubled to 2.5 billion units in the December 2020 quarter when compared to a year ago.
Credit: Adani Green
Tata Elxsi
Its shares have surged 32 percent, after reporting an increase of 44 percent in profit and 33 percent increase in revenue in the December quarter.
Credit: Tata Elxsi
ONGC
The state-owned gas explorer’s shares gained over 20 percent, with the most-recent trigger being the announcement of commercial viability of a major gas block in Brazil.
Credit: ONGC
Hindustan Aeronautics
The state-owned defence manufacturer’s shares have surged 16 percent after announcing that the light combat aircraft Tejas will likely take flight in June this year.
Credit: Hindustan Aeronautics
AU Small Finance Bank
The private sector lender’s shares have surged 22 percent after it reported a growth of 27 percent in its assets under management, and strong growth across all its business segments.
Credit: AU Small Finance Bank
Cholamandalam Investment
The large-cap non-banking financial company’s shares have gained nearly 30 percent after it announced the launch of three new business verticals for consumer and enterprise segments.
Credit: Cholamandalam Investment