Of the BSE 500 stocks, only 15 have given returns of at least 15 per cent every fiscal since 2013-14. The Sensex gave positive returns in four of the last five financial years, but declined 10 per cent in FY16. However, the key question is whether these 15 stocks will be able to sustain this run?
Though past performance cannot be used to predict future growth, some of them could give returns of up to 30 per cent in the next one year, according to Bloomberg consensus estimates. For instance, Avanti Feeds, which gave a compounded return of 154 per cent in the past five years, could rise another 30 per cent in the next one year, according to Bloomberg estimates. Similarly, stocks like Dalmia Bharat, APL Apollo, Hatsun Agro could rally nearly 20 per cent in one year. However, rising crude prices, bond yield and volatility ahead of next years elections could spoil the party, according to analysts.
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ET Markets
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