Stocks below Rs 50: Laggards of 2022 that gained up to 110 per cent in 2023 so far!

Kiran Shroff
/ Categories: Trending, Mindshare
Stocks below Rs 50: Laggards of 2022 that gained up to 110 per cent in 2023 so far!

This week, amid volatility, the benchmark indices were trading mixed. So far this year, the BSE Sensex index and the NSE Nifty-50 Index have fallen 1.48 per cent and 1.32 per cent, respectively.

This week, amid volatility, the benchmark indices were trading mixed. On Friday the domestic indices ended the day positive. BSE Sensex was trading higher, up around 303.15 points or 0.51 per cent at a level of 60,261.18 and NSE Nifty-50 also was trading higher, up around 98.40 points or 0.55 per cent at 17,956.60. 

So far this year, the BSE Sensex index and the NSE Nifty-50 Index have fallen 1.48 per cent and 1.32 per cent, respectively. In addition, the BSE Mid-Cap index and BSE Small-Cap index fell by 1.13 per cent and 1.07 per cent, respectively. 

In December, India's headline retail inflation rate fell for the third month in a row, coming in at 5.72 percent, 18 basis points lower than the consensus estimate of 5.9 percent. 

More importantly, CPI inflation averaged 6.1 percent between October and December, well below the Reserve Bank of India's (RBI) forecast of 6.6 percent. 

  

Following are the laggards of 2022 that gained up to 110 per cent in 2023 so far: 

Sr. No 

Company Name 

LTP (Rs) 

Returns in 2022 (%) 

YTD Returns (%) 

1

Retro Green Revolution Ltd

17.09

-48.83

110.73

2

Milestone Furniture Ltd

6.87

-57.71

61.65

3

Clio Infotech Ltd

7.77

-62.36

46.6

4

Inland Printers Ltd

22.95

-41.56

42.55

5

Sindhu Trade Links Ltd

24.1

-30.85

40.52

Investors should keep an eye on these stocks.

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