Top 5 Large-cap gainers and losers this week!

Top 5 Large-cap gainers and losers this week!

by 5paisa Research Team Last Updated: 2022-06-24T18:17:51+05:30

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

In the last five trading sessions, markets have shown some consolidation by inching up a little bit. Although global inflation has become a bigger concern, especially in US, domestic investors are cushioning the markets. Almost all the sectorial indices are trading up. However, only time will tell if this is the bottom or yet more downtrend is expected. In the period from Friday i.e., June 17 to June 23, the blue-chip NSE Nifty 50 index increased by 1.27% from 15,360 to 15,556. Similarly, the S&P BSE Sensex was up by 1.5% from 51,495 to 52,266.

Among the sectoral indices, S&P BSE Auto (+7%) and S&P BSE Consumer Durables (+4.84%) were the best performers in the previous 5 trading sessions, whereas the S&P BSE Metal (-4.09%) and S&P BSE Basic Materials (-0.22%) 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 (%) 

Eicher Motors Ltd. 

8.27 

Hero MotoCorp Ltd

8.25 

Hindustan Petroleum Corporation Ltd. 

7.64 

Maruti Suzuki India Ltd. 

7.59 

Jubilant FoodWorks Ltd. 

7.57 

 

Top 5 Losers 

Return (%) 

Vedanta Ltd. 

-16.76 

Bandhan Bank Ltd. 

-10.45 

Star Health and Allied Insurance Company Ltd. 

-9.41 

Hindustan Aeronautics Ltd. 

-7.63 

Tata Steel Ltd. 

-7.27 

 

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Eicher Motors:

Shares of Eicher Motors Ltd. were buzzing on the bourses this week. The scrip rose 8.27% in the past 5 trading sessions, closing at Rs 2,818.45 on Thursday, and was among the top gainers among the Large Caps during this period. Overall auto sector has been witnessing some recovery. Commercial vehicles manufacturer like Eicher Motors is positively looked upon by investors. The vehicle sales are witnessing an upwards trend. The commercial vehicle space wasn’t as disrupted as passenger vehicles or two-wheelers due to semi-conductor issues. For May 2022, it sold 5,637 total CVs, which was 360.9% higher than May 21 sales.

Hero MotoCorp:

Shares of this largest two-wheeler manufacturing company Hero MotoCorp Ltd were among the large caps stocks that rallied the most this week, rising 8.25% to close at Rs 2,670.85 on Thursday. To partially offset the impact of rising inflation cost, the company raised ex-showroom prices of its vehicles by R 3000. From July 1, 2022, the price hike will be effective and the exact quantum of increase will be subject to the specific model and market. Recently, the company announced the launch of three products in Turkey as part of its strategy to strengthen its global presence. All of this has fuelled the rally in the stock. It has a 52-week high and low of Rs 2,980 and Rs 2,148, respectively.

Hindustan Petroleum Corporation:

HPCL Ltd. was among the top performers among the large caps this week and was up by 7.64% in the last 5 trading sessions, closing at Rs 225.55 on Thursday. The company had issued

Unsecured, Redeemable, Non-Convertible, Non-Cumulative, Taxable Debentures of Rs.10,00,000/- each aggregating to Rs.1,500 Crores on private placement basis on June 20, 2022 for funding of refinancing of existing borrowings and/or funding of capital expenditure of the Issuer. HPCL is primarily engaged in the business of refining of crude oil and marketing of petroleum products. The company has, among others, refineries at Mumbai and Vishakhapatnam, LPG bottling plants and Lube blending plants.


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