Top 5 Large-cap gainers and losers in 2021!
Last Updated: 11th December 2022 - 03:28 am
List of top 5 gainers and losers in the large-cap space.
The year 2021 was the one where the markets kept a close eye on the vaccination, global commodities outpaced other assets, and a strong second wave of Covid that shook the country, though with a faster economic recovery in this round. It was also a record year for initial public offerings with 55 issues raising over Rs 1.06 lakh crore. New-age businesses like Paytm (One97 Communications Ltd), Nykaa (FSN E-Commerce Ventures Ltd), and Zomato Ltd made their market debut.
All the nine sectoral indices on the NSE rose in 2021. The Nifty Metal index rose the most followed by the Nifty IT index and Nifty Realty index. Bank, FMCG and pharma indices gained the least, but those gains were also at the least 10%. In the period from December 31, 2020, to December 31, 2021, the blue-chip NSE Nifty 50 index rose 24.12% from 13,981.75 to 17,354.05. Similarly, the S&P BSE Sensex registered a gain of 21.99% from 47,751.33 to 58,253.82.
Let us have a look at the top gainers and losers in the large-cap space during the last year.
Top 5 Gainers in 2021 |
Return (%) |
Tata Teleservices (Maharashtra) Ltd. |
2496.61 |
Adani Total Gas Ltd. |
357.36 |
JSW Energy Ltd. |
343.33 |
Adani Transmission Ltd. |
295.9 |
Adani Enterprises Ltd. |
256.69 |
Top 5 Losers in 2021 |
Return (%) |
Bandhan Bank Ltd. |
-37.18 |
Yes Bank Ltd. |
-23.35 |
Biocon Ltd. |
-21.65 |
Hero MotoCorp Ltd. |
-20.84 |
Aurobindo Pharma Ltd. |
-20.31 |
Tata Teleservices (Maharashtra)
Shares of Tata Teleservices was the top gainer among the large caps in 2021, skyrocketing 2496.61% from Rs 7.97 on December 31, 2020, to close at Rs 206.95 on December 31, 2021. The company had been incurring losses for at least four financial years but the stock spurted after Tata Sons decided to revive the telecom entity in a new avatar called Tata Tele Business Services (TTBS) to cater to small and medium enterprises. Factors like Tata Groups continuous liquidity support, the company’s focus on the SME segment which has a vast market opportunity, potential collaboration with Tata Groups Super App and Tata Communications Ltd, and transformation into SaaS+connectivity solution provider, has turned the market extremely bullish on Tata Teleservices.
Adani Total Gas
Many of Adani's listed companies delivered solid returns to investors for the year. Adani Enterprises, Adani Group's flagship company, saw its shares rallying 256.69% this year. Adani Transmission soared 295.9% while the standout performer was Adani Total Gas, which zoomed 357.36% during the period. The company was the second-biggest gainer large-cap category. The stock price rose from Rs 374.9 on December 31, 2020, to close at Rs 1714.65 on December 31, 2021. The strong rise in the stock can be attributed to the stellar financial performance of the firm. The firm has recovered strongly from the coronavirus lockdown shock, which corporate India witnessed last year.
JSW Energy Ltd
Shares of JSW Energy have given its shareholders impressive returns of 343.33% in the period from December 31, 2020, to December 31, 2021. The stock price rose from Rs 67.85 on December 31, 2020, to close at Rs 300.8 on December 31, 2021. By 2030, the government aims to establish a renewable energy capacity of 523 GW. Out of this 60% will be supplied from solar and 14% from Hydro. This is one of the reasons why stocks such as JSW Energy have given solid returns to shareholders who are betting on the green energy theme in India. It is one of the few top companies working in the Green Energy industry in India alongside Tata Power, Adani Green, Inox Wind Ltd, and Sterling and Wilson Solar.
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