These 16 stocks have more than doubled from their coronavirus sell-off lows
ver a dozen companies in the Indian equity markets have seen their stock price more than double following an over 20 per cent recovery in benchmark indices from their March lows. Private sector lender IndusInd Bank, fast moving consumer goods (FMCG) companies KRBL, Heritage Foods, and Parag Milk Foods and agrochemicals firm Insecticides India are among the 16 stocks that have rallied more than 100 per cent from their respective March 2020 lows. The list also includes four pharmaceutical stocks- Morepen Laboratories, Necter Lifesciences, Marksans Pharma and Unichem Laboratories. The S&P BSE Sensex and the S&P BSE Allcap index have gained 23 per cent and 24 per cent, from their respective March 23, 2020 low levels. Besides these stocks, a total of 250 stocks from the Allcap index have rallied between 50 per cent and 100 per cent from their previous month lows. The index accounts for 95 per cent of the total market capitialisation of the BSE-listed companies. Earlier, most of t...