IB Times
BSE and IFC will be jointly developing a unique corporate governance scorecard.Picture: BSE buildingWikipedia

If you had invested Rs 1,00,000 to buy Can Fin Homes shares on 24 November, 2014, your investment will be worth Rs 2,19,904 on 23 November, 2015, a phenomenal return of 120% in one year.

The share price of the Bangalore-based home loan company, in which state-owned Canara Bank holds 43.45% stake, zoomed from Rs 457 on 24 November, 2014, to Rs 1005 on 23 November, 2015, on the Bombay Stock Exchange.

The 52-week high of Can Fin Homes share is Rs 1,027.70.

During the same period, the 30-scrip S&P BSE Sensex delivered a negative return of 9.40% (28,499 on 24 November, 2014 and 25,819 on 23 November, 2015).

The company's loan book stood at Rs 9,303 crore as of 30 September, 2015. Its net profit for the quarter ended 30 September, 2015 was 35.58 crore on total income of Rs 263.38 crore. The net profit was Rs 18.45 crore on sales of Rs 198.45 crore during the corresponding period last year.

Loans to professionals and the salaried class account for about 83% (Rs 7,707 crore) of the loan book.

The company had 110 branches and 26 satellite offices in India as of 30 September, 2015.

Meanwhile, stocks that touched a new 52-week high on 23 November included SpiceJet, Maruti Suzuki, GAIL (India), Petronet LNG, Balaji Telefilms, Zensar Technologies, ION Exchange, newly-listed S H Kelkar & Co., RPG Life Sciences and Godfrey Phillips.

Petronet LNG gained 6.02% on Monday to close at Rs 233.35, after a 7% on Friday.

The spurt was due to a speculation that the company could benefit from a Rs 10,000 crore waiver by Qatar's RasGas for breaching a contract to buy LNG.

The company, responding to the news, informed the BSE on Monday, saying "Petronet and RasGas are in discussion of various issues under their agreement" and that "no binding agreement has been executed to this effect."