NSE: Car & General records 441% share price jump in 12 months
By Sharon Atieno, July 16, 2026Car & General PLC has emerged as one of the Nairobi Securities Exchange’s (NSE) standout performers after its share price jumped 441 per cent over the past 12 months, reinforcing the strong momentum that has seen listed equities outperform other asset classes in 2026.
Speaking through its X account on Thursday, July 16, 2026, the company said its share price rose from Ksh22.55 on July 15, 2025, to Ksh122.00 on July 15, 2026, placing the counter among the top-performing stocks on the NSE based on share price appreciation.
“Car & General PLC’s share price increased from KES 22.55 on 15 July 2025 to KES 122.00 on 15 July 2026, representing a gain of 441.0% over the 12-month period. Based on share price appreciation during the period, the stock is among the top-performing counters on the NSE year-to-date,” the company said.
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Rally mirrors strong performance at the NSE
The stock’s remarkable rise comes barely two weeks after the Nairobi Securities Exchange announced that listed equities were the best-performing asset class in the first half of 2026, delivering investors an average return of 27.8 per cent and outperforming all other major investment options.
According to the NSE, the strong performance reflects growing investor confidence and demonstrates the resilience of Kenya’s capital markets despite a dynamic economic environment.
The exchange noted that listed stocks continue to offer superior long-term wealth creation opportunities, with several counters recording significant gains as investor appetite for equities strengthens.
Investors reap substantial gains
Car & General’s performance means investors who purchased the stock at Ksh22.55 a year ago have seen its value increase more than fivefold, making it one of the exchange’s biggest winners over the period.
The rally highlights renewed optimism at the bourse, where investors have increasingly rewarded companies with strong fundamentals and growth prospects.
Market analysts say such gains are likely to attract more retail and institutional investors seeking higher returns through listed equities.
Capital markets continue gaining momentum
The latest milestone adds to a series of positive developments at the NSE as Kenya’s capital markets continue expanding.
Earlier this month, the exchange reported that listed equities had generated a 27.8 per cent return in the first six months of 2026, cementing their position as the country’s best-performing asset class.
The strong market performance has also been supported by new listings and innovative investment products, including the successful listing of the oversubscribed TRIFIC SEZ Green USD Income REIT, which raised Ksh4 billion after achieving a 103.3 per cent subscription rate.
The latest performance by Car & General further reinforces the growing confidence in Kenya’s stock market, with the company joining the list of counters driving exceptional shareholder value as the NSE sustains its recovery momentum.