Top 5 Large-cap gainers and losers this week
Last Updated: 22nd April 2022 - 04:23 pm
List of top 5 gainers and losers this week in the Large-cap space.
Just when markets were trading high in the early days of the week, they were feared by the inflationary pressures and rate hikes. The earnings season too has begun and the IT sector has not performed as it was expected. Thanks to Reliance and power stocks, the Sensex and Nifty are holding just tight. In the period from Wednesday (since Thursday and Friday markets were closed) i.e., April 13 to April 21, the blue-chip NSE Nifty 50 index declined by 0.47% from 17,475 to 17,392. Similarly, the S&P BSE Sensex was down by 0.73% from 58,339 to 57,911.
Among the sectoral indices, S&P BSE Energy (4.5%) and S&P BSE Auto (3.45%) were the top gainers in the previous 5 trading sessions, whereas the S&P BSE IT (-4.9%) and S&P BSE Teck (-4.51%) were among those most impacted.
Let us have a look at the top gainers and losers in the large-cap space during this period.
Top 5 Gainers |
Return (%) |
14.44 |
|
13.36 |
|
10.85 |
|
10.64 |
|
9 |
Top 5 Losers |
Return (%) |
-15.75 |
|
-10.05 |
|
-8.78 |
|
-7.44 |
|
-7.43 |
NHPC:
Shares of NHPC Ltd were buzzing on the bourses this week. The scrip rose 14.44% in the past 5 trading sessions, closing at Rs 36.05 on Thursday, and was among the top gainers in the Largecaps during this period. The upside was witnessed on the back of the company signing a memorandum of understanding (MoU) with Himachal Pradesh for developing green hydrogen technologies to produce hydrogen. The hydrogen would be commercially produced and supplied in sectors such as mobility, transportation, heating, micro grid and others. Also, ICICI Securities has maintained a BUY call for the stock and has further set the target.
Shares of this hospital chain giant Max Healthcare Institute Ltd were among the largecap stocks that rallied the most this week, rising 13.36% to close at Rs 421.15 on Thursday. Max Healthcare Institute Limited operates healthcare facilities with indoor and outdoor patient care in India. In Q3FY22, revenue grew by 22.44% YoY and on a sequential basis, the top-line was down by 4.34%. PBIDT (Ex OI) was up by 53.52% YoY. PAT was up by 109.99% YoY.
Coal India Ltd was among the top performers among the large caps this week and was up by 10.85% in the last 5 trading sessions, closing at Rs 206.85 on Thursday. Buoyant coal prices might benefit the coal giant is getting good prices. The demand for coal is expected to remain strong considering the power demand in the nation, high international coal prices and low coal inventories at power plants. The need of electricity power is more than ever in summers and the shortage of coal are helping price escalations.
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