High net-worth individuals in India have benefited from the bull market, earning up to 80% returns in just over two months after increasing their holdings in select stocks. Of 182 bets made during Q1, 125 beat the benchmark, with nine stocks rallying over 45%. Early stage food delivery firm Zomato, in which HNIs hold a 1.43% stake, has seen gains of 45.35% so far this fiscal year. Other companies showing strong YTD growth with increased HNI holdings are Rail Vikas Nigam, Cholamandalam Financial Holdings, HEG, Intellect Design Arena, Prestige Estates Projects, Astral, Welspun India and Godrej Properties.
