Top 5 Large cap gainers and losers this week.

Top 5 Large cap gainers and losers this week.

by 5paisa Research Team Last Updated: Dec 14, 2022 - 05:26 pm 50.4k Views
Listen icon

List of top 5 gainers and losers this week in the Large-cap space.

The domestic equity market settled with steady gains this week. In the period from Friday i.e. October 1 to October 7, the Nifty 50 index rallied 1.47% from 17,532.05 to 17,790.35. Similarly, the BSE 500 index showed a gain of 1.87% from 23,873.27 to 24,321.31. All eyes are now set on India Inc's September quarter earnings, which will kick off on Friday with IT bellwether TCS set to announce its results.

Let us have a look at the top gainers and losers in the large-cap space.

Top 5 Gainers in the Large Cap category 

Return (%) 

Indian Railway Catering And Tourism Corporation Ltd. 

23.90 

Deepak Nitrite Ltd. 

20.54 

Sona BLW Precision Forgings Ltd. 

16.22 

Page Industries Ltd. 

15.13 

Aarti Industries Ltd. 

14.83 

  

Top 5 Losers in the Large Cap category 

Return (%) 

IDBI Bank Ltd. 

-10.00 

Cipla Ltd. 

-7.17 

Grasim Industries Ltd. 

-4.87 

Shree Cement Ltd. 

-3.56 

Indus Towers Ltd. 

-2.62 

Indian Railway Catering And Tourism Corporation:

Shares of Indian Railway Catering and Tourism Corporation (IRCTC) are trading close to the 52-week high of Rs 4,965. The stock gained 23.90% in this week on the back of heavy volumes, ahead of a 1:5 stock split. Among the other factors fueling the surge in stock price are the monopolistic nature of the business and the economic recovery coupled with an increase in travel given the vaccination level against the Covid-19 infection.

Deepak Nitrite:

Stocks from the chemical sectors also saw a huge buying momentum this week and Deepak Nitrite was no exception. The buying was driven by the perception that the sector is set to see another leg of earnings boom thanks to the troubles in China. The country's power crisis is forcing its industries to cut back on production, which in turn is pushing prices of several chemical intermediates higher in the international and domestic market. Deepak Nitrite has so far rallied 20.54% this week and is approaching its 52-week high of Rs 2,944.95.

Sona BLW Precision Forgings:

On the back of its collaboration with IRP Nexus Group this week, the shares of Sona BLW Precision Forgings have surged 16.22 per cent so far. The wholly-owned subsidiary of the company Sona Comstar entered into a collaboration agreement with IRP Nexus Group, Israel, to develop, manufacture, and supply a Magnet-less Drive Motor and the Matching Controller for Performance Two-wheelers and Three-wheelers for the Global Market. Under the arrangement, Sona Comstar will pay onetime license fees and royalty to IRP Nexus to have the exclusive rights to manufacture the System in India and non-exclusive rights to sell and distribute the System globally for 7 years. The company believes that this new technology will have wide-scale implications and the potential towards environmental sustainability, besides reducing the cost of EV vehicles.

Share Market Today


How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Trust Fintech IPO Subscribed 108.63 times

Trust Fintech IPO is book-built issue of ₹63.45 crores, consisting entirely of fresh issue shares totalling 62.82 lakh. Trust Fintech IPO commenced its subscription period on March 26, 2024, & concludes today, March 28, 2024.

Aspire & Innovative IPO Subscribed 15.17 times

Aspire & Innovative IPO is a book built issue of Rs 21.97 crores. The issue comprises entirely a fresh issue of 40.68 lakh shares. Aspire & Innovative IPO opens for subscription on March 26, 2024, and closes on March 28, 2024. The allotment for the Aspire & Innovative IPO is expected to be finalized on Monday, April 1, 2024.

Blue Pebble IPO Subscribed 56.32 times

Blue Pebble IPO, valued at ₹18.14 crores, comprises fresh issue of 10.8 lakh shares. Commencing subscription on March 26, 2024, Blue Pebble IPO is set to conclude on March 28, 2024. Allotment process is scheduled to be finalized by Monday, April 1, 2024. Following this, IPO is slated to debut on NSE SME, with tentative listing date of Wednesday, April 3, 2024.