New Delhi, Oct. 10 -- Fredun Pharmaceuticals, which manufactures and exports healthcare and pharmaceutical products, has delivered handsome returns to Dalal Street investors, with its shares continuing to climb, breaking record highs in recent months, and emerging as one of the biggest wealth creators in the Indian stock market in recent times.

The stock has been on an upward run over the last six months, with the momentum extending into October as well, resulting in massive returns of 112% and a 92.60% jump in the current year so far, trading at Rs.1,424 apiece.

This recent run-up has generated significant wealth for its shareholders, as nearly 50% of the company is held by general public shareholders, according to the latest data avai...