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High beta stocks hit higher peaks and deeper troughs. Laurus Labs, Paytm shine with 99% gains, Trent, IRFC slip in double digits
An ETMarkets analysis of Ace Equity data shows high-beta stocks outperformed low-beta peers over the past year, with Laurus Labs and Paytm leading gains, while ABFRL, Siemens, and Tejas Networks saw steep declines. Low-beta counters like JSW Holdings and Manappuram Finance delivered steady double-digit returns.
An ETMarkets analysis of Ace Equity data shows high-beta stocks outperformed low-beta peers over the past year, with Laurus Labs and Paytm leading gains, while ABFRL, Siemens, and Tejas Networks saw steep declines. Low-beta counters like JSW Holdings and Manappuram Finance delivered steady double-digit returns.
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