India’s biggest domestic institutional investor Life Insurance Corporation (LIC) saw value additions of nearly Rs 14,000 crore to its portfolio even though the number of stocks in its portfolio decreased to 367 from 375 recorded in the December quarter.
Data available with Ace Equity till May 16 shows a list of 10 stocks in LIC’s portfolio that have emerged as multi-baggers in the last one-year. Most of the stocks that have returned 100-1,000 percent in the last one-year belong to the small and midcap space, which recently went through a massive correction.
If comparison, the BSE Midcap Index has plunged a little over 10 percent, followed by a near nine percent fall in the BSE Smallcap Index compared to 3.9 percent rise in the BSE Sensex so far in 2018.
Read more-- Stocks update
No comments:
Post a Comment