market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
A total of 183 stocks rallied 10 per cent, of which 32 stocks saw price appreciation of 20 per cent each.
As many as 142 stocks from the S&P BSE500 index are currently trading below their level of May 12, 2014
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
The rally in most of these stocks is partly attributed to impressive financial performance.
Almost a third of the company's capex was stuck in this project
Godrej Properties, is on the horizon as it unlocks value in its high-value Bandra-Kurla Complex (BKC) project.
It is the fundamentals of companies that will drive stock performance.
Given its network and fleet, it has garnered the highest share of passenger growth.
Oil and Natural Gas Corporation, Hindalco Industries, Tata Steel and Vedanta were down up to 70 per cent below their one-year highs.
The reason is believed to be a 19% increase in interest cost.
Brokerages have cut the company's FY16 earnings estimates between 16% and 29% with target prices too coming down to the Rs 700-800 band
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
In ITC, LIC has invested Rs 38,358.66 crore, according to Capitaline data.
FIIs are looking at the long-term story and initiatives of Indian pharma companies to transform themselves into global entities.
Telcos have indicated that rates will have to be raised, as higher volumes alone will not suffice to meet the higher costs.
The challenge of merging Ranbaxy into the company has not been factored in.
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
It was a year of big gains for equity investors.
Given the better growth in JLR sales and improving domestic sales, nearly 90 per cent of the analysts covering the stock have a 'Buy' rating.