While the benchmark indices have posted modest gains since Diwali 2024, with the Sensex rising 4 per cent and the BSE 500 index adding 1.53 per cent, a couple of stocks from the broader market have delivered stellar returns. Specifically, Laurus Labs Ltd and Manappuram Finance Ltd have significantly outperformed the market, rewarding shareholders with gains of up to 90 per cent during this period. Advertisement
Leading the charge is Laurus Labs Ltd, which has seen its value skyrocket from Rs 485 to Rs 921 since the last Diwali, marking an impressive return of nearly 90 per cent. The positive momentum continued in the recent trading session, as the stock closed 2.36 per cent higher on Monday at Rs 921.
Earlier, Axis Securities had spotlighted Laurus Labs as one of its key ‘Diwali Mahurat