As 2022 comes to an end, we look at financially stocks that gained the most in the year. We use this screener (this is a subscriber screener - get access to this and 500+ others with new year discounts now live on plans).

The screener finds stocks that have 1) risen over the past year 2) have good Trendlyne durability scores and 3) have high analyst estimates for one-year forward annual revenue growth.

The screener lists 41 stocks from the Nifty 500 and four from the Nifty 50 index. Major industries in the screener are banks, non-alcoholic beverages, shipping, hotels, and two and three-wheelers. The most notable stocks in the screener are Varun Beverages, Karur Vysya Bank, Great Eastern Shipping, Indian Hotels, Solar Industries India and TVS Motor. 

Share prices of Karur Vysya Bank and Varun Beverages have increased 140%, the highest among the Nifty 500 stocks in 2022. Karur Vysya Bank’s forecaster estimate for annual revenue growth is at 28.4% YoY, while Varun Beverages is at 46.8% YoY.

Varun Beverages, the Pepsico franchisee, is planning to focus on the non-beverages segment in the international market. It intends to begin distribution of Lays, Doritos and Cheetos from January 2023 in Morocco. Karur Vysya Bank and Varun Beverages have high Trendlyne durability scores of 60 and 70 respectively.

Great Eastern Shipping’s share price has also risen 125%. The shipping company’s forecaster estimate for annual revenue growth is impressive, at 68.9% YoY. According to Ventura, the company will benefit from operating leverage from the rise in freight rates, and from the appreciation in the value of its fleet. 

You can find more screeners here.