Nairobi, Aug. 19 -- 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.

The rally has raised the company's valuation by 936 percent from Sh2.65 billion to Sh27.41 billion in the space of 12 months, handing its owners a Sh24.76 billion boost in paper wealth in the period.

It closed at Sh341.75 per share on Wednesday, compared to Sh33 in August 2025 and Sh51 at the beginning of this year.

Car &General has joined a select group of stocks at the Nairobi Securities Exchange (NSE) that have recorded triple-digit percentage gains in the last three years, offering relief to owners who sat on low valuations during the bourse...