Top 5 Large-cap gainers and losers this week!

Top 5 Large-cap gainers and losers this week!

by 5paisa Research Team Last Updated: 2022-03-11T17:17:34+05:30

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

Markets are back in action this week. While the Sensex was slumped down below the 53,000 mark for the past four days, it has risen without hesitation crossing the 55,500 score. With the oil prices cutting down a bit along with state elections, the markets have reacted positively so far. In the period from Friday i.e. March 4 to March 10, the blue-chip NSE Nifty 50 index rose slightly by 0.58% from 16,498 to 16,595. Similarly, the S&P BSE Sensex was inched by 0.65% from 55,102 to 55,464.

Among the sectoral indices, S&P BSE IT (4.16%) and S&P BSE Teck (4.09%) were the top gainers in the previous 5 trading sessions, whereas the S&P BSE Auto (-2.26%) and S&P BSE Utilities (-2.24%) 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 (%)  

Balkrishna Industries Ltd.  

10.71  

DLF Ltd.  

8.29  

SBI Cards And Payment Services Ltd.  

8.18  

Tata Consumer Products Ltd.  

8.11  

Adani Enterprises Ltd.  

7.83  

  

Top 5 Losers  

Return (%)  

Adani Total Gas Ltd.  

-5.78  

GAIL (India) Ltd.  

-5.09  

JSW Energy Ltd.  

-4.43  

Britannia Industries Ltd.  

-4.19  

Gujarat Gas Ltd.  

-3.58  

  

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Balkrishna Industries:

Shares of Balkrishna Industries were buzzing on the bourses this week. The scrip rose 10.71% in the past 5 trading sessions, closing at Rs 1,957.10 on Thursday, and was among the top gainers among the Large Caps during this period. The stock had witnessed a downtrend in the month of February. It has recovered in style with the beginning of March. On 4 March, it had announced the commencement of its brownfield expansion and debottlenecking project at the Bhuj plant ahead of schedule.

DLF:

Shares of this real estate player DLF Ltd were among the large caps stocks that rallied the most this week, rising 8.29% to close at Rs 354.70 on Thursday.  The real estate sector in India has taken off from its long period of stagnancy. The sector is expected to do well in the next year or two which is the reason why many real estate stocks are trading high. Financial institutes like Kotak and ICICI Securities have upgraded DLF to a ‘Buy’ rating, with an expectation of even more upside.

SBI Cards and Payments Services:

SBI Cards and Payments Services Ltd was among the top performers among the large caps this week and was up by 8.18% in the last 5 trading sessions, closing at Rs 804.75 on Thursday. Talking about the top gainers, a financial company has to be there! The rally was fueled by Morgan Stanley maintaining a ‘Buy’ recommendation on the scrip. SBI Cards witnessed a month-on-month decline of 5.7% in card spendings vs industry decline of 6.5%. For Q3 FY22, the revenues have jumped by 20% and the net profit has risen as well by 84% on a YoY basis. 


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