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Weekly movers: Hits and misses in the large-cap space during the week!
Last Updated: 23rd September 2022 - 07:31 pm
Here’s a list of the top 5 gainers and losers this week in the large-cap space.
In the last 5 trading sessions, the frontline index S&P BSE Sensex remained relatively flat, going from the level of 58,840.79 on 16 September to 59,119.72 on 22 September. Similarly, NIFTY climbed marginally from 17,530.85 on 16 September to 17,629.80 on 22 September.
Let us have a look at the top gainers and losers in the large-cap space during the last 5 trading sessions (between 16 September and 22 September).
Top 5 Gainers |
Return (%) |
Adani Wilmar Ltd. |
13.42 |
Patanjali Foods Ltd. |
10.65 |
Page Industries Ltd. |
8.48 |
Marico Ltd. |
7.92 |
CG Power and Industrial Solutions Ltd. |
7.81 |
Top 5 Losers |
Return (%) |
Shree Cement Ltd. |
-6.91 |
Power Grid Corporation Of India Ltd. |
-6.62 |
Schaeffler India Ltd. |
-6.54 |
Godrej Properties Ltd. |
-5.79 |
Gland Pharma Ltd. |
-5.21 |
Adani Wilmar Ltd
Shares of Adani Wilmar were the top gainers on the bourses this week. The company has not made any significant announcements of late. Hence, the rally in its share price could be driven purely by market forces. In today’s session, the company’s shares opened at Rs 827.6, and touched a high & low of Rs 841.9 & Rs 816.10, respectively.
Patanjali Foods Ltd
The shares of Patanjali Foods gained over 10% in the last 5 trading sessions. This surge came ahead of the company’s ex-dividend date, which is today, 23 September 2022. The company declared a dividend of Rs 5 per equity share, representing 250% of the face value of Rs 2 per equity share.
This week, the company held its annual global investor conference. As per the exchange filing, the company put forth its vision for the various segments. The promoters also plan to list four other companies of the Patanjali Group - Patanjali Ayurveda, Patanjali Medicines, Patanjali Lifestyle and Patanjali Wellness - in the coming years. The Patanjali group currently has a combined turnover of Rs 40,000 crore with the target of reaching Rs 1 lakh crore in the next five years.
Page Industries
Page Industries Ltd has not made any significant announcements of late. Hence, the rally in its share price could be driven purely by market forces. In today’s session, the company’s shares opened at Rs 52850, and touched a high & low of Rs 53535.30 & Rs 52501, respectively.
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