By
Charles Mwaniki
Business Reporter
Nation Media Group
Car & General’s share has hit a ten-fold increase over the last 12 months, making the stock the latest to benefit from outsized gains driven by speculative retail investors.
Car & General share rattles NSE with 963pc price gain
As the share price continues to rise, so has investor activity on the stock, indicating that demand is going up even as those who have booked large capital gains cash out to book the profits.
TL;DRAI
Car & General stock rallied 963% in 12 months to Sh341.75 on retail speculation over property assets, with net profit quadrupling to Sh2.6B in H1 2026. Retail speculation decoupling valuations from fundamentals creates risk for portfolio managers and asset allocators exposed to emerging markets.
767 words~3 min read
