Top 5 Large-cap gainers and losers this week!
Last Updated: 12th December 2022 - 01:18 pm
List of top 5 gainers and losers this week in the Large-cap space.
Markets have been running down continuously by the inflationary pressures and rate hikes in the week. When the RBI is taking actions in line with the Federal Reserve of US to curb the rising inflations, the stock markets across the globe have taken a hit. Even the top gainers of the week have shown relatively poorer growth than any other week. The declines have been significant as the top blue chips have neared 52-week lows. In the period from Friday i.e., May 6 to May 12, the blue-chip NSE Nifty 50 index declined by 5.2% from 16,682 to 15,808. Similarly, the S&P BSE Sensex was down by 4.97% from 55,702 to 52,930.
Among the sectoral indices, S&P BSE Auto (-0.89%) and S&P BSE FMCG (-1.71%) were the least impacted in the previous 5 trading sessions, whereas the S&P BSE Metal (-13.22%) and S&P BSE Utilities (-13.22%) 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 (%) |
9.79 |
|
2.62 |
|
2.5 |
|
2.12 |
|
1.87 |
Top 5 Losers |
Return (%) |
-22.41 |
|
-16.86 |
|
-16.31 |
|
-15.51 |
|
-15.21 |
Gujarat Gas Ltd:
Shares of Gujarat Gas Ltd were buzzing on the bourses this week. The scrip rose 9.79% in the past 5 trading sessions, closing at Rs 566.95 on Thursday, and was among the top gainers among the Large Caps during this period. The upside was witnessed on the back of strong Q4 results. Investors are loving the improved margins picture for the company. The lower-than-expected gas cost due to lower offtake of expensive spot LNG gas by the industrial customers led to healthy margins.
Siemens Ltd:
Shares of this heavy electrical equipment manufacturing giant Siemens Ltd were among the large caps stocks that rallied the most this week, rising 2.62% to close at Rs 2,275.35 on Thursday. As one of the world’s biggest producers of energy-efficient, resource-saving technologies, Siemens is a pioneer in infrastructure and energy solutions, automation and software for industry and is a leader in medical diagnosis. Siemens also provides business-to-business financial solutions, rail automation and wind power solutions.
Bajaj Auto Ltd:
Bajaj Auto Ltd was among the top performers among the large caps this week and was up by 6.64% in the last 5 trading sessions, closing at Rs 514 on Thursday. The March 22 quarter ended results presented a mix of both positives and negatives. The net sales had de-grown by 8.14% while the profit after tax had grown by 10% on a YoY basis. However, the commercial vehicles segment showed a growth of 13% in the domestic market. It sold about 8,944 units in April 2022 against 7,901 units in April 2021.
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