Top 5 Largecap Stocks Which Rocked The Market In FY 2016-17 - Dollar Advisory Financial Services

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Monday 3 April 2017

Top 5 Largecap Stocks Which Rocked The Market In FY 2016-17

Hindalco Industries: Buy | target price of Rs 228

Among the large caps, the stock that gained the most was Hindalco Industries which gave a stellar performance in FY16-17, rallying over 120 percent from the levels of Rs 87 all the way to Rs 195.

Yes Bank: Buy | target price of Rs 1820

In the banking space it was Yes Bank that registered a price rise of 76.76 percent from sub-1000 level to Rs 1529.05.

Maruti Suzuki: Buy | target price of Rs 6720

In the 4-wheeler space, Maruti Suzuki has been the standout performer in FY16-17 with the stock rising 61 percent to Rs 6004 backed by new launches including IGNIS, Vitara Brezza and the Swift.

Tata Steel: Sell | target price of Rs 410

In FY 16-17, Tata Steel has risen by Rs 174, a gain of 54 percent quoting at around Rs 493 against Rs 319 in the same period of previous year.

Bharat Heavy Electricals: Sell | target price of Rs 98

In the capital good space, heavy engineering company Bharat Heavy Electricals has given a whopping 50 percent gain since March 29, 2016 from the levels of Rs 114 to hit 52-week high of Rs 172 on March 21, 2017.

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