Goldman Sachs’ India Portfolio; 10 stocks rally up to 130% in CY26
Despite the overall decline, 10 stocks delivered gains ranging from 20% to 130% during the period. CMR Green Technologies was a newly added stock to the portfolio during the June 2026 quarter
Goldman Sachs' Indian equity portfolio experienced a significant decline of 27% in the current year, dropping from Rs 9,015 crore in December 2025 to Rs 6,585 crore as of September 11, 2026. However, 10 stocks within the portfolio managed to deliver impressive gains ranging from 20% to 130% during the same period. CMR Green Technologies joined the portfolio during the June 2026 quarter.
TD Power Systems led the gains, soaring 129% from Rs 351 to Rs 805. GNG Electronics and Inox India followed with 121% and 98% respective rallies, climbing from Rs 308 to Rs 680 and Rs 1,134 to Rs 2,247. Bluestone Jewellery And Lifestyle surged 89%, advancing from Rs 471 to Rs 890, while Sai Life Sciences posted a strong 74% gain, moving from Rs 908 to Rs 1,585.
Pearl Global Industries rose 47%, climbing from Rs 805 to Rs 1,188. SJS Enterprises gained 39%, with the stock moving from Rs 1,700 to Rs 2,354. ASK Automotive delivered a 30% rally, and PVR Inox climbed 22%. Tatva Chintan Pharma Chem posted a 21% gain. Goldman Sachs India holds stakes in several of these stocks, with the largest being in ASK Automotive at 2.33%, valued at approximately Rs 287 crore.
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