.

follow-on-google-news

The Indian stock market has been experiencing heightened volatility in recent weeks, primarily driven by the ongoing Lok Sabha elections, heavy selling by foreign portfolio investors, FED interest rates discussions, and many others 

The India VIX, a measure of market volatility, has surged past the 21-mark, indicating a heightened sense of fear and uncertainty among traders and market participants regarding the near-term volatility 

Despite the heightened volatility in the Indian market, key benchmark indices like the Sensex and Nifty have made new all-time highs of 75,499.91 and 22,993.60 respectively. 

Note: If you want to learn Candlesticks and Chart Trading from Scratch, here’s the best book available on Amazon! Get the book now!

Listed below are some of the Stocks that have delivered Returns of upto 45% in just 6 days despite volatile conditions that you can add to your watchlist 

Garden Reach Shipbuilders & Engineers 

Garden Reach Shipbuilders Limited is a shipbuilding company catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. It is engaged in the construction, and engineering of commercial vessels and engine production activities. It is mainly engaged in the construction of warships/vessels for the defence sector. 

The shares of Garden Reach Shipbuilders & Engineers Limited started trading on May 16, 2024, at Rs. 987.95 and closed at Rs. 1426.55 per equity share on May 23, 2024, thereby delivering a return of 44.39 percent in just 6 trading sessions. 

With a market capitalization of Rs. 16,209 Crores, the shares of Garden Reach Shipbuilders & Engineers Limited closed at Rs. 1,415, up 18.81 percent from its previous day’s close price of Rs. 1,190.95. 

Bharat Dynamics 

Bharat Dynamics Limited is engaged in the business of manufacturing and supplying missiles and allied defense equipment like torpedo advanced lightweight, medium-range surface-to-air missiles, quick-reaction surface-to-air missiles, and many more. 

The shares of Bharat Dynamics Limited started trading on May 16, 2024, at Rs. 2,011 and closed at Rs. 2,810.55 per equity share on May 23, 2024, thereby delivering a return of 39.75 percent in just 6 trading sessions.

With a market capitalization of Rs. 51,690 Crores, the shares of Bharat Dynamics Limited closed at Rs. 2,820.30 up 6.58 percent from its previous day’s close price of Rs. 2,646.25. 

Indian Hume Pipe Company 

Indian Hume Pipe Company Limited is engaged in the business of construction and maintenance of projects related to water supply, sanitation, pipe manufacturing, sewerage systems and many more. 

With a market capitalization of Rs. 1,802 Crores, the shares of Indian Hume Pipe Company Limited closed at Rs. 342 down 2.54 percent from its previous day’s close price of Rs. 350.90. 

The shares of Indian Hume Pipe Company Limited started trading on May 16, 2024, at Rs. 272.80 and closed at Rs. 342.30 per equity share on May 23, 2024, thereby delivering a return of 26 percent in just 6 trading sessions. 

Kaynes Technology India 

Kaynes Technologies India Limited is an end-to-end and Internet of Things (IoT) solutions-enabled integrated electronics manufacturer. It has a strong customer base with major players like Hitachi, Siemens, Tonbo Imaging, and many more. 

With a market capitalization of Rs. 21,400 Crores, the shares of Kaynes Technology India Limited closed at Rs. 3,348 down 3.17 percent from its previous day’s close price of Rs. 3,457.65. 

The shares of Kaynes Technology India Limited started trading on May 16, 2024, at Rs. 2567.35 and closed at Rs. 3,342.50 per equity share on May 23, 2024, thereby delivering a return of 30.19 percent in just 6 trading sessions. 

Spectrum Electrical Industries 

Spectrum Electrical Industries Limited designs and manufactures a range of products under the electrical components domain with different applications and utilities. It undertakes activities such as designing, fabrication, molding, powder coating, surface coating, and assembling to develop these products. 

With a market capitalization of Rs. 2,692 Crores, the shares of Spectrum Electrical Industries Limited closed at Rs. 1,725 down 2.81 percent from its previous day’s close price of Rs. 1,774.90. 

The shares of Spectrum Electrical Industries Limited started trading on May 16, 2024, at Rs. 1,341.05 and closed at Rs. 1,775.75 per equity share on May 23, 2024, thereby delivering a return of 32.41 percent in just 6 trading sessions.

Hindustan Zinc 

Hindustan Zinc Limited is engaged in the exploration, extraction, processing of minerals, and manufacturing of metals and alloys. It has over 75 percent market share in India’s primary zinc market. 

With a market capitalization of Rs. 3,13,560 Crores, the shares of Hindustan Zinc Limited closed at Rs. 742.10 down 3.91 percent from its previous day’s close price of Rs. 772.30. 

The shares of Hindustan Zinc Limited started trading on May 16, 2024, at Rs. 566.50 and closed at Rs. 740.90 per equity share on May 23, 2024, thereby delivering a return of 31 percent in just 6 trading sessions. 

Mazagon Dock Shipbuilders 

Mazagon Dock Shipbuilders Limited is a Miniratna Public sector Undertaking which is one of India’s leading defense sector companies under the aegis of the Ministry of Defence, it is engaged in the construction, repair, and refurbishment of warships and submarines at its dedicated facilities in Mumbai and Nhava. 

With a market capitalization of Rs. 63,068 Crores, the shares of Mazagon Dock Shipbuilders Limited closed at Rs. 3,127 up 8.57 percent from its previous day’s close price of Rs. 2.880.25. 

The shares of Mazagon Dock Shipbuilders Limited started trading on May 16, 2024, at Rs. 2,410.05 and closed at Rs. 3,125.75 per equity share on May 23, 2024, thereby delivering a return of 29.69 percent in just 6 trading sessions. 

BEML 

Bharat Earth Movers Limited Limited (BEML) is engaged in the business of manufacturing and supplying a wide range of heavy earthmoving equipment catering to the mining and construction industry, vehicles for defense forces, and aluminum wagons, coaches for the metro, and many more for the Railways. As of Q4FY24, Bharat Earth Movers Limited has a strong order book of Rs. 11,872 Crores. 

With a market capitalization of Rs. 18,959 Crores, the shares of BEML Limited closed at Rs. 4,552.60 down 0.03 percent from its previous day’s close price of Rs. 4,553.90.

The shares of BEML started trading on May 16, 2024, at Rs. 3,805 and made a high of Rs. 4771 per equity share on May 23, 2024, thereby delivering a return of 25.38 percent in just 6 trading sessions. 

Written by: Bharath K.S

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.