Top 5 Large-cap gainers and losers this week!

 Tata Teleservices (Maharashtra): 

Shares of Tata Teleservices was the top gainer among the large caps this week and rose 21.48% after hitting the 5% upper circuit for several consecutive days this week. The Mumbai-based company is a subsidiary of the Tata Group and deals in broadband, telecommunications and cloud services. The company is debt-laden and has been struggling with losses. However, from its lows of about Rs 2 per share in March 2020, the stock has grown 90 times to around Rs 180 levels. The company is transforming itself as the preferred SaaS+Connectivity platform for Indian MSMEs and has the Tata group backing this company who have assured investors that all debt obligations will be met. The rise in share prices of the company this week comes at a time when major Indian telecom operators have raised their prepaid tariffs by around 20 per cent.

Adani Total Gas:

Shares of Adani Total Gas, rose by 5.6% so far this week and was among the top gainers in the large cap category. Adani Total Gas is one of India's leading private players in developing City Gas Distribution (CGD) networks to supply Piped Natural Gas (PNG) to Industrial, Commercial, Domestic (residential) customers and Compressed Natural Gas (CNG) to the transport sector. The share price of the company climbed to Rs 1918.75 by market close on December 16, 2021, from Rs 1817 on December 10, 2021.

PI Industries: 

Shares of PI Industries rose by 4.38% to Rs 3045 this week from its close of Rs 2917.2 on December 10, 2021. Engaged in the manufacturing and distribution of agro-chemicals, the company expects to grow its India crop protection chemicals (CPC) business at 20% CAGR over the next 4-5 years through its market-leading products and new launches that straddle key crops. New products, including the horticulture vertical under Jivagro, are set to drive this growth as well.