Nifty 18210.95 (-0.31%)
Sensex 61143.33 (-0.34%)
Nifty Bank 40874.35 (-0.88%)
Nifty IT 35503.9 (0.97%)
Nifty Financial Services 19504.75 (-0.74%)
Adani Ports 745.85 (-0.54%)
Asian Paints 3094.65 (4.20%)
Axis Bank 787.50 (-6.46%)
B P C L 427.70 (-0.78%)
Bajaj Auto 3776.50 (-0.40%)
Bajaj Finance 7482.15 (-4.75%)
Bajaj Finserv 18012.00 (-1.86%)
Bharti Airtel 702.35 (0.88%)
Britannia Inds. 3697.85 (0.14%)
Cipla 922.50 (1.65%)
Coal India 173.60 (-0.83%)
Divis Lab. 5149.35 (2.60%)
Dr Reddys Labs 4662.70 (-0.08%)
Eicher Motors 2583.90 (-0.25%)
Grasim Inds 1728.40 (-0.63%)
H D F C 2915.00 (0.12%)
HCL Technologies 1177.15 (0.89%)
HDFC Bank 1642.80 (-0.60%)
HDFC Life Insur. 693.85 (0.55%)
Hero Motocorp 2690.15 (-0.38%)
Hind. Unilever 2396.60 (-1.65%)
Hindalco Inds. 479.85 (-1.28%)
I O C L 130.80 (-0.53%)
ICICI Bank 835.00 (0.68%)
IndusInd Bank 1142.55 (-1.07%)
Infosys 1728.95 (1.48%)
ITC 238.45 (0.74%)
JSW Steel 684.90 (-1.36%)
Kotak Mah. Bank 2188.25 (-1.03%)
Larsen & Toubro 1784.55 (-0.65%)
M & M 886.80 (-0.87%)
Maruti Suzuki 7356.25 (0.81%)
Nestle India 19004.60 (-1.11%)
NTPC 141.30 (-1.33%)
O N G C 157.90 (-3.19%)
Power Grid Corpn 190.25 (-0.08%)
Reliance Industr 2627.40 (-1.26%)
SBI Life Insuran 1186.00 (1.19%)
Shree Cement 28107.75 (1.19%)
St Bk of India 519.15 (1.29%)
Sun Pharma.Inds. 825.10 (1.43%)
Tata Consumer 818.75 (1.22%)
Tata Motors 497.90 (-2.11%)
Tata Steel 1326.15 (-1.30%)
TCS 3489.75 (0.21%)
Tech Mahindra 1567.85 (0.29%)
Titan Company 2460.10 (0.22%)
UltraTech Cem. 7354.20 (1.17%)
UPL 741.50 (3.96%)
Wipro 671.10 (0.44%)

Which are the stocks that generated magnificent returns in the past 10 years?

Which are the stocks that generated magnificent returns in the past 10 years?
by Nikita Bhoota 15/01/2021

It is rightly said that if one stays invested in the equity markets for longer-term, the investment is likely to generate magnificent returns in the long-run.  Mr. Warren Buffet says” If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.”

Given the fact that Buffett’s time horizon is a decade, we have also analysed some of the stocks from the Nifty 100 list that have generated more than 20% CAGR over a period of 10 years.
 

Company Name

17-Aug-11

17-Aug-21

10 year CAGR

Bajaj Finance Ltd.

67.3

6,410.1

57.7%

Bajaj Finserv Ltd.

488.4

14,737.3

40.6%

Berger Paints India Ltd.

37.3

815.0

36.1%

Eicher Motors Ltd.

136.0

2,515.7

33.9%

Havells India Ltd.

68.1

1,224.4

33.5%

Shree Cement Ltd.

1,651.3

26,200.3

31.8%

Britannia Industries Ltd.

236.6

3,696.5

31.6%

Info Edge (India) Ltd.

351.2

5,455.3

31.6%

Pidilite Industries Ltd.

168.2

2,216.1

29.4%

Abbott India Ltd.

1,470.1

19,045.3

29.2%

HCL Technologies Ltd.

105.8

1,143.0

26.9%

Aurobindo Pharma Ltd.

71.4

731.5

26.2%

Torrent Pharmaceuticals Ltd.

308.5

3,008.1

25.6%

Asian Paints Ltd.

324.5

3,015.3

25.0%

Titan Company Ltd.

210.4

1,874.5

24.4%

Kotak Mahindra Bank Ltd.

222.8

1,788.4

23.2%

Tech Mahindra Ltd.

179.0

1,413.7

23.0%

Hindustan Unilever Ltd.

316.4

2,483.8

22.9%

Motherson Sumi Systems Ltd.

28.9

216.2

22.3%

Biocon Ltd.

54.3

366.6

21.0%

Marico Ltd.

79.7

520.6

20.7%

HDFC Bank Ltd.

233.8

1,514.7

20.5%

Indraprastha Gas Ltd.

84.3

534.9

20.3%


Disclaimer: The above details is compiled from information available on public platforms. These are not buy or sell recommendations.Source: Ace Equity
*CAGR stands for Compound annual growth rate


Bajaj Finance Ltd:
Bajaj Finance (BAF), erstwhile Bajaj Auto Finance, provides financing for two-wheelers, consumer durables, housing, small businesses, construction equipment and infrastructure finance. BAF continues to be the largest consumer durables lender in India. The stock generated 57.7% CAGR in the past 10 years.

Eicher Motors Ltd.
Eicher Motors is the flagship company of the Eicher Group in India and a leading player in the Indian automobile industry. Eicher manufactures the well-known Royal Enfield (RE) motorcycles in India. The company entered into a 50:50 JV with the Volvo Group to form VE Commercial Vehicles (VECVs). Operational since July 2008, VECV comprises five business verticals – Eicher Trucks and Buses, Volvo Trucks India, Eicher Engineering Components and VE Powertrain. VECV undertakes the complete range of Eicher’s commercial vehicles, components and engineering design businesses as well as the sales and distribution of Volvo trucks. 

Berger Paints India Ltd:
Berger has presence in the decorative paints, industrial coatings segments in the domestic and international markets. Further, it has a presence in external insulation finishing systems. In the industrial coatings segment, Berger caters to the protective coatings, automotive (primarily two-wheeler and three-wheeler and commercial vehicles) and general industrial segments. 

Britannia Industries Ltd.
Britannia Industries is a primarily biscuits company based in Bangalore. Britannia Industries belongs to the Wadia Group, a cotton-to-real estate conglomerate. The company's principal activity is the manufacture and sale of biscuits, bread, rusk, cakes and dairy products. Biscuits contribute more than 80% of the company’s turnover. It has iconic brands like Tiger, Good Day and 50-50 under its belt.

Info Edge (India) Ltd.
Info Edge’s naukri.com, the leading online portal for recruitments in India, was launched in 1997. It also operates Quadrangle, a brick-andmortar executive search service. The company also has other classified based portals, jeevansathi.com (matrimony), 99acres.com (real estate) and shiksha.com (education). Info Edge’s key investments include Zomato and Policybazaar. 


Shree Cement Ltd.
Shree Cement (SCL) is the second-largest cement player in the country, with capacity of 42mtpa. SCL derives ~70% of its sales from the northern + central regions and ~25% from the eastern region, with the balance from the South.

Abbott India Ltd:
Abbott India ltd (AIL) is a healthcare company that discovers, develops, manufactures and markets various products in area of Anesthesia, Animal Health, Anti-Infectives, Cardiovascular, Diabetes Care, Hematology, Immunodiagnostics and Clinical Chemistry, Immunology, Metabolics, Molecular, Neuroscience, Nutrition, Oncology, Pain Care, Point of Care, Renal Care, Vascular, Virology.

Asian Paints Ltd.
Asian Paints, the largest paint manufacturer in India, operates in the decorative as well as the industrial coatings segments (through its JV with PPG Industries) and has been the market leader in the Indian paints industry since 1968. The company is the second-largest automotive coatings player in India and caters for the auto OEM and refinish markets. Asia contributes the largest share of revenue to its international business (46%), with the rest coming from the Middle East (28%), Africa (25%) and South Pacific regions (5%). 

Torrent Pharmaceuticals Ltd.

Torrent Pharma (Torrent) is a fully integrated pharmaceutical company producing branded and generic formulations, API and intermediates. Almost 39% of Torrent’s revenues come from the domestic market where the company has a specialty-focused product basket and a strong marketing set-up. It ranks second in the CVS and third in the CNS segment – two of the faster-growing  therapies in India. 


The Indian stock market has witnessed huge ups and downs in the last 10 years. The factors that largely affect the share market performance are changes in Government policy, economic numbers, activities of FII and DII in the stock market, devastating effects of natural disasters.

Additionally, factors like political changes like election, budget, government intervention, geopolitical issues also have a huge impact on the financial markets. Frequent changes in exchange rates, changes in gold and bond prices also impact the stock performance. Inflation and interest rate also plays a crucial role in deciding the market movement.

Above all the challenges, the above-mentioned stocks have surpassed the benchmark index Nifty 50 and Sensex CAGR of 12.6% and 12.7% respectively in the same period. 

However, investors should not select the stocks for investment based only on historical returns. They should also consider the fundamentals of the company before picking up stocks for investment. The stocks with strong fundamentals are likely to earn good returns in the long-run.

Disclaimer: The above details is compiled from information available on public platforms. These are not buy or sell recommendations.

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What people and sectors are expecting from Budget 2021?

What people and sectors are expecting from Budget 2021?
by Nikita Bhoota 25/01/2021
The coronavirus pandemic has severely impacted lives across the world in many ways. Many people have witnessed financial setbacks in the country during the pandemic. The way people spend or save their money has drastically changed due to economic uncertainties. Work from home has become a 'new trend for salaried employees. Buying an insurance product, especially health insurance has gained much more importance over luxury products. 

Finance minister Nirmala Sitharaman is going to present the Union Budget on 1 February, 2021. To boost the economy, the Budget must focus on pushing consumption which means putting more money in the hands of people.
From tax relief to more exemptions, here's what Indian salaried individuals and others expects from Budget 2021

Increase the upper limit of Section 80C
Under Section 80C, an individual is eligible to claim tax deductions of up to ?1.5 lakh on various payments including life insurance premiums, principal payment of home loan, fixed deposits, provident funds etc. Considering the inflation in the recent past, the government may increase this upper limit to up to ?2.5-3 lakh. The rise in the exemption limit will inspire people to spend more on tax-saving instruments backed by the government. The increase in the deduction limit under Section 80C was last increased in 2014.

Hike tax rebate on housing loans
To boost spending and to support the real estate industry, the Union Budget 2021 should introduce more tax exemptions for the homebuyers. Currently, an individual gets ?1.5 lakh exemptions under Section 80C and ?2 lakh under 24B for home loan. The tax rebate on housing loan interest rates under Section 24 should be increased to at least ?5 lakh to generate healthier housing demand.

Increase the upper cap on health insurance premium
The global pandemic has showed us that health insurance is a necessity, not an option anymore. Therefore, the government may increase the upper limit on health insurance premiums under Section 80D.

As per the provisions of section 80D, an individual can claim an exemption of up to ?25,000 (?50,000 or ?75,000 or ?1 lakh if bought for parents) on the premiums paid for the medical insurance of self and family.

Exempt long term capital gain tax:
The government should exempt long-term capital gains on the sale of Indian-listed equity shares. This measure will help the Indian capital markets grow exponentially and also encourage Indian resident investors to invest in the equity market. 


Work from home expenses:
Work from home has become a new trend now. It is expected that the government may provide some relief to taxpayers to compensate for the higher cost incurred while working from home; perhaps some deductions for expenses such as electricity etc or some kind of fixed deduction.

Now let’s talk about what industry expects from the budget:

Aviation and Real Estate:
The sector hopes for a reduction in high taxes and levies as airlines as the sector is highly impacted by Covid19.

Several policy steps have been taken to boost real estate in pandemic-hit 2020. The sector is now expecting the government to expand its affordable housing scheme and give more tax benefits to potential homebuyers.

Automobile, Defence and FMCG:
The auto sector has strongly recovered from the economic shock caused on account of Covid19. Automakers now expect more demand-creating measures in the budget for faster sales recovery.

The government is likely to announce higher budget allocation for the defence sector, with focus on indigenous procurement and R&D.

Like automobiles, the FMCG sector also expects more demand-boosting measures to sustain recovery momentum.

Healthcare:
After the pandemic-hit year, India’s healthcare sector is looking for reforms like reduction in taxes on healthcare and treatment besides higher budgetary allocation. Better allocation for pharma research is also on the cards.

Consumer durables/Electronics and Education:
Businesses engaged in selling consumer durables hopes for a reduction in component prices besides a demand push to boost sales.

The government is expected to allocate more funds towards strengthening technological capacities for improving online education in smaller cities, towns and rural areas. 

Agriculture and Railways
The government may increase its overall agriculture expenditure to pacify farmers protesting against its farm laws. 

Privatisation of trains and infrastructure development remains major priorities for the Indian Railways. Measures may be announced for better public-private partnership (PPP) in passenger train operations.
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Improving demand improves the outlook of the consumer electrical sector

Improving demand improves the outlook of the consumer electrical sector
by Nikita Bhoota 28/01/2021
Consumer Electrical companies kick-off CY21 on a cheerful note. While consumer demand is back to pre-Covid levels, initial green shoots of pick-up in the housing sector bode well for rekindling an important long-term demand driver. The proposed Production-Linked Incentive (PLI) scheme across LED lighting, ACs, STB and Laptop & Tablets offers attractive opportunities for domestic EMS players and brands.

Revenue momentum sustains:
 
The sharp pick-up in sales offtake witnessed in Sep-2020 has sustained across most categories, buoyed by healthy festive spending for consumer durables, early onset of winter aiding demand for seasonal products, large national brands sustaining market share gains from small & unorganised players and increased reach in tier 2/3/4 towns. Restriction on imports for LED TVs, ACs & other products has significantly aided volume growth for Dixon/Amber and other domestic brands. B2B demand was soft and is likely to normalise by Mar-2021, supported by government spending.

Channel up-stocks ahead of pricing actions:
 
While the impact of the price increase − announced (5-15% across various categories) to partially offset inflationary headwinds − would be seen from Jan-2021, channel partners − who were otherwise working with thin inventories throughout the pandemic − started up-stocking in Dec-2020, thereby aiding better primary sales for companies. Fans and ACs witnessed healthy quarter-end stocking, ahead of the season and price hike.

Details on new PLI schemes to provide visibility:
 
The PLI scheme for ACs (Rs50bn) and LED lighting (Rs12bn) is expected to be announced any time in Jan-2021, thereby likely to enhance cost competitiveness of brands and ODM players like Crompton, Havells, Voltas, Amber and Dixon. In addition, Dixon is looking to enter new verticals like laptops & tablets under the proposed PLI scheme (~Rs10- 20bn), which opens a large untapped domestic market.

Stock Performance:

Nifty 50 has rallied 71.7% (March 25, 2020- January 18,2021) since the first nationwide lockdown was announced by Prime Minister Narendra Modi Here, we have discussed some consumer electrical sector stocks that have given positive returns or have outer performed the benchmark index Nifty 50 in the same period.

Company Name

25-Mar-20

18-Jan-21

Gain

Dixon Technologies (India) Ltd.

3,261.3

15,315.7

369.6%

Bajaj Electricals Ltd.

278.6

716.8

157.3%

Amber Enterprises India Ltd.

1,141.7

2,543.1

122.8%

Havells India Ltd.

473.7

985.7

108.1%

Crompton Greaves Consumer Electricals Ltd.

190.8

379.7

99.1%

V-Guard Industries Ltd.

150.6

215.2

42.9%

Symphony Ltd.

721.3

1,019.5

41.4%

Source: Ace Equity

In the above table, we have discussed the performance of some of the stocks in the consumer electrical industry that have given spectacular returns in the past 10 months. Dixon Technologies (India) Ltd. has given the maximum return whereas, Symphony Ltd. has given the lowest return of 41.4% from March 25,2020 to January 18, 2021.
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Aditya Birla Sun Life AMC IPO Subscription Day 2

Aditya Birla Sun Life AMC IPO subscription Day 2
IPO
by 5paisa Research Team 29/01/2021

The Rs.2,768.26 crore IPO of Aditya Birla Sun Life AMC Ltd, consisting entirely of an offer for sale (OFS) of Rs.2,768.26 crore, was just about fully subscribed on Day-2. As per the combined bid details put out by the BSE, Aditya Birla Sun Life AMC Ltd IPO was subscribed 1.07X overall, with bulk of the demand coming from the retail segment. The issue closes on Friday, 01st October.

As of close of 30th September, out of the 277.99 lakh shares on offer in the IPO, Aditya Birla Sun Life AMC Ltd saw bids for 298.73 lakh shares. This implies an overall subscription of 1.07X. The granular break-up of subscriptions were tilted in favour of retail investors but HNI and QIB bids typically come in only on the last day of the IPO.

Aditya Birla Sun Life AMC Ltd IPO Subscription Day-2

 

Category

Subscription Status
Qualified Institutional (QIB) 0.06 Times
Non-Institutional (NII) 0.40 Times
Retail Individual 2.00 Times
Others 0.67 Times
Total 1.07 Times

 

QIB Portion

On 28 September, Aditya Birla Sun Life AMC Ltd did an anchor placement of 110.81 lakh shares at the upper end of the price band of Rs.712, raising Rs.789 crore. The list of QIB investors included a number of FPI names like HSBC, IMF, ADIA, Morgan Stanley, Societe Generale etc. It included domestic institutions like ICICI Pru MF, HDFC MF, SBI MF, Axis MF, SBI Life, HDFC Life, Kotak MF, IIFL Special Opportunities Fund and Abakkus Growth Fund. 

The QIB subscription continued to see negligible subscription at the end of Day-2. The QIB portion (net of anchor allocation of 110.81 lakh shares as above) had a quota of 73.87 lakh shares of which it has got bids for just 4.53 lakh shares, implying a subscription of 0.06X by QIBs at the end of Day-1. QIB bids typically get bunched on the last day, although the anchor response does indicate strong interest in the issue from institutional investors.

HNI Portion

The HNI portion got subscribed 0.40X (getting applications for 22.06 lakh shares against the quota of 55.40 lakh shares). This is an OK response on Day-2 for the HNI segment and could be due to the large size of the IPO. Bulk of the funded applications and corporate applications, come in on the last day, so the actual picture should only get better. 

Retail Individuals

The retail portion was fully subscribed 2.00X at the end of Day-2, showing strong retail appetite. For retail investors; out of the 129.28 lakh shares on offer, valid bids were received for 259.04 lakh shares, which included bids for 201.60 lakh shares at the cut-off price. The IPO is priced in the band of (Rs.695-Rs712) and will close for subscription on 01st October.
 

Also Read:-

Aditya Birla Sun Life AMC IPO : 7 Things to Know About

Upcoming IPOs in 2021

List of Upcoming IPOs in October 2021

Next Article

Is Ratio Analysis Important for Stock Investment?

Is Ratio Analysis Important for Stock Investment?
by Nikita Bhoota 04/02/2021

Stock investing requires careful study of financial data to find out the company's true value. This is generally done by studying the company's profit and loss account, balance sheet and cash flow statement. However, this can be time-consuming. An easier way to check a company's performance is to do ratio analysis. Ratio analysis is a good way to run a fast check on a company's health.

"Ratio analysis not only helps in knowing how the company has been performing but also makes it easy to compare companies in the same industry and make a wise investment decision. 

Let’s discuss some of the ratios in detail that one should look at before investing in a stock.

P/E Ratio
The price-to-earnings, or P/E, the ratio shows how much equity investors are paying for each rupee of earnings. It shows if the stock is overvalued or undervalued. 
One can know the ideal P/E ratio by comparing the current P/E with the company's historical P/E, the average industry P/E and the market P/E. For example, a company with a P/E of 10 may look expensive when compared to its historical P/E, but may be a good buy if the industry P/E is 15 and the market average is 18.

Price-to-Book Value
The price-to-book value (P/BV) ratio is used to compare a company's market price to its book value. A P/BV ratio of less than one shows the stock is undervalued (value of assets on the company's books is higher than the value the market is assigning to the company). It indicates a company's inherent value and is useful in valuing companies whose assets are mostly liquid, for example, banks and financial institutions.

Debt-to-Equity Ratio
It shows how much debt is involved in the business vis-a-vis promoters' capital (equity). A low figure is usually considered better. However, it is industry-specific, with capital intensive industries such as automobiles and manufacturing the ratio can be higher than others.

Operating Profit Margin (OPM)
It measures the proportion of revenue that is left after meeting variable costs such as raw materials and wages. It is calculated by dividing operating profit by net sales. The higher the margin, the better it is for investors. While analysing a company, one must see whether its OPM has been rising over a period. Investors should also compare OPMs of other companies in the same industry.

EV/EBITDA
Enterprise value (EV) by EBITDA is often used to value a company. EV is market capitalisation plus debt minus cash. It gives a much more accurate takeover valuation because it includes debt. EBITDA is earnings before interest, tax, depreciation and amortisation.

This ratio is used to value companies that have taken a lot of debt. A lower ratio indicates that a company is undervalued. However, it is important to note that the ratio is high for fast-growing industries and low for industries that are growing slowly.

Price/Earnings Growth Ratio
The PEG ratio is used to know the relationship between the price of a stock, earnings per share (EPS) and the company's growth. Generally, a company that is growing fast has a higher P/E ratio. This may give an impression that the company is overvalued. Thus, P/E ratio divided by the estimated growth rate shows if the high P/E ratio is justified by the expected future growth rate. The result can be compared with that of peers with different growth rates.

A PEG ratio of one indicates that the stock is valued reasonably. A figure of less than one indicates that the stock may be undervalued.

Return On Equity
Return on equity (ROE) measures the return that shareholders get from the business and overall earnings. It helps investors compare profitability of companies in the same industry. ROE is net income divided by shareholder equity.

"ROE of 15-20% is generally considered good, though high-growth companies should have a higher ROE. The main benefit comes when earnings are reinvested to generate a still higher ROE, which in turn produces a higher growth rate. 

Interest Coverage Ratio
It is earnings before interest and tax, or EBIT, divided by interest expense. It indicates how solvent a business is and gives an idea about the number of interest payments the business can service solely from operations.

Current Ratio
This shows the liquidity position, that is, how equipped is the company in meeting its short-term obligations with short-term assets. A higher figure signals that the company's day-to-day operations will not get affected by working capital issues. A current ratio of less than one is a matter of concern. The ratio can be calculated by dividing current assets with current liabilities. 

Asset Turnover Ratio
It shows how efficiently the management is using assets to generate revenue. The higher the ratio, the better it is, as it indicates that the company is generating more revenue per rupee spent on the asset. However, the comparison should be made between companies in the same industry. This is because the ratio may vary from industry to industry. 

Dividend Yield
It is the dividend per share divided by the share price. A higher figure signals that the company is doing well. But one must be cautious of penny stocks (that lack quality but have high dividend yields) and companies benefiting from one-time gains or excess unused cash which they may use to declare special dividends. Similarly, a low dividend yield may not always mean that it is a bad investment as companies (particularly at nascent or growth stages) may choose to reinvest all their earnings so that shareholders earn good returns in the long term.

Conclusion:
While ratio analysis helps in assessing factors such as profitability, efficiency and risk, added factors such as macro-economic situation, management quality and industry outlook should also be studied in detail while selecting a stock for investment.

Next Article

Market Performance in January 2021

Market Performance in January 2021
by Nikita Bhoota 05/02/2021

Market Update:

Nifty 50 declined 2.1%, while BSE Sensex lost 2.8% on MoM basis in January 2021.

Global market sentiments have been sluggish due to stalled vaccine rollouts in the west and contagious new corona virus strains.

Indian markets too lost their momentum as market participants turned cautious ahead of the Union Budget on February 1, 2021.

Broader markets attempted to be resilient during the month as investors kept searching value in the mid and small cap space.

FIIs bought ?14,512cr (vs. ?53,500cr bought MoM) in Indian equities, while DIIs sold ?15,725cr worth of equities (vs. ?26,514cr sold MoM) during the month.

Fixed Income Market

In January 2021, India’s 10-year bond yields remained flat at around 5.9% despite RBI’s intent to normalize short term rates.

However, the central bank reiterated its commitment to remain accommodative and maintain excess liquidity to support economic growth.

Although December retail inflation cooled off to 4.6% and was within the RBI’s target range (4%+2%), the possibility of rate reduction is negligible and there is upside risk due to inflation strengthening on the back of increasing commodity prices.

Stock Performance:

The market witnessed huge volatility in January 2021 ahead of the union budget 2021. Below are the top 10 gainers and losers on Nifty 100 in January 2021.

Gainers

Company

01 January 2021

29 January 2021

Gain

Tata Motors Ltd.

186.5

262.7

40.9%

UPL Ltd.

469.3

560.7

19.5%

Bosch Ltd.

12,986.1

15,327.5

18.0%

SBI Cards & Payment Services Ltd.

852.9

986.1

15.6%

Bajaj Auto Ltd.

3,481.3

4,005.8

15.1%

Hindustan Zinc Ltd.

239.1

274.8

14.9%

Havells India Ltd.

909.9

1,044.8

14.8%

Grasim Industries Ltd.

933.4

1,055.7

13.1%

United Breweries Ltd.

1,183.2

1,299.7

9.9%

Eicher Motors Ltd.

2,542.7

2,744.3

7.9%

Source: Ace Equity

Tata Motors Ltd.
The stock gained 40.9% in January 2021 on continuous efforts of management on debt reduction and improving operating margins. Additionally, there were also rumours in January 2021 that Tata Motors is partnering with Tesla, which further pushed the share price higher.

UPL Ltd.
The stock rose 19.5% on NSE due to heavy volume on the exchange. A few weeks ago the company had successfully redeemed $410 million worth of dollar-denominated bonds before their due date of October next year. The move, it said, was in-line with the company's earlier commitment to reduce its overall debt and was seen addressing one of investors' key concerns.

Bajaj Auto Ltd:
The stock gained 15.1% on account of strong quarterly results.

Hindustan Zinc Ltd.
The stock gained 14.9% on account of strong quarterly results.

Havells India Ltd
The stock gained 14.8% on account of strong quarterly results. In its investor presentation, Havells said that the encouraging business performance with growth across divisions and regions led by an improvement in consumer sentiment and festive season.

Grasim Industries Ltd.
The stock jumped 13.1% on NSE as it announced that it was getting into the business of manufacturing paints.  

Eicher Motors Ltd.
The stock jumped 7.9% as brokerage firms maintained outperform rating on the stock.

Losers:

Company

01 January 2021

29 January 2021

Loss

Bandhan Bank Ltd.

400.2

309.5

-22.7%

Biocon Ltd.

465.8

371.8

-20.2%

Kotak Mahindra Bank Ltd.

1,994.1

1,713.0

-14.1%

ICICI Lombard General Insurance Co Ltd.

1,519.2

1,315.5

-13.4%

Asian Paints Ltd.

2,775.6

2,407.4

-13.3%

Divis Laboratories Ltd.

3,849.1

3,369.9

-12.4%

Dr. Reddys Laboratories Ltd.

5,241.4

4,602.7

-12.2%

Motherson Sumi Systems Ltd.

164.1

145.0

-11.7%

Pirama lEnterprises Ltd.

1,480.4

1,311.5

-11.4%

Bajaj Finance Ltd.

5,280.2

4,734.6

-10.3%

Source: Ace Equity
 

Bandhan Bank Ltd.
The shares plunged 22.7% in January 2021 due to weak quarterly result and brokerages raise concerns over credit cost.

Biocon Ltd.
The stock fell 20.2% in January due to weak quarterly results.

Kotak Mahindra Bank Ltd.
The stock fell 14.1% as investors expressed concerns over the level of bad loans held by India’s third-largest lender by market value.

ICICI Lombard General Insurance Co Ltd.
The stock declined 13.4%. It is likely due to fall in Nifty Finance Index. The index was down 3.9% in January 2021

Dr. Reddys Laboratories Ltd.
The shares plunged 12.2% due to weak quarterly result. The profits were impacted due to trigger based impairment charge taken on a few acquired products, including gNuvaring.

Disclaimer: The above report is compiled from information available on the public platforms. These are not buy or sell recommendations.