Top 5 Large-cap gainers and losers this week!
List of top 5 gainers and losers this week in the Large-cap space.
Though FIIs continued to be net sellers in Indian equities, the sell flows have started coming off. FIIs were net sellers of Rs 5,153.64 crore in the Indian Equities market, DIIs were net buyers to the tune of Rs 8,437.32 crore so far this week. As FIIs retreat from the market for year-end holidays, we may see the markets moving up in the near term driven by strong local flows.
In the period from Friday i.e. December 17 to December 23, the blue-chip NSE Nifty 50 index rose 0.51% from 17,072.60 to 16,985.20. Similarly, the S&P BSE Sensex registered a gain of 0.53% from 57,011.74 to 57,315.28.
Let us have a look at the top gainers and losers in the large-cap space during this period.
|
Top 5 Gainers |
Return (%) |
|
Minda Industries Ltd. |
11.09 |
|
Macrotech Developers Ltd. |
7.82 |
|
Godrej Consumer Products Ltd. |
7.49 |
|
SRF Ltd. |
7.08 |
|
Aurobindo Pharma Ltd. |
6.4 |
|
Top 5 Losers |
Return (%) |
|
PB Fintech Ltd. |
-9.4 |
|
Sona BLW Precision Forgings Ltd. |
-7.29 |
|
Adani Total Gas Ltd. |
-7.21 |
|
Tata Elxsi Ltd. |
-4.26 |
|
Bank Of Baroda |
-4.24 |
Minda Industries:
Shares of Minda Industries were the top gainer among the large caps this week and rose 11.09% after the company entered into a JV with FRIWO to manufacture and supply various EV components in the Indian subcontinent with a planned Capex of Rs 390 crore in the next six years. The combined entity will help the company offer newer product additions such as battery packs and off-board chargers as well as accelerate the product development for motor controllers.
Macrotech Developers:
Shares of Macrotech Developers rose by 7.82% so far this week and was among the top gainers in the large-cap category. The company recently partnered with Morgan Stanley Real Estate Investing (MSREI) to develop a premium warehousing project near Mumbai with an investment of Rs 600 crore. Macrotech Developers, which got listed on stock exchanges in April after raising Rs 2,500 crore through public issue, markets its properties under the Lodha brand. The company plans to nearly double its pre-sales to Rs 14,000 crore by the financial year 2023-24 (FY24) and further grow to Rs 20,000 crore by FY26 by focussing on the under-represented micro-markets of Mumbai Metropolitan Region (MMR) and Pune in a capital-efficient manner.
Godrej Consumer Products:
Godrej Consumer Product’s shares rose 7.49% so far this week on closed at Rs 964.55 on Thursday, December 23, 2021. The Street is visibly pleased with GCPL’s managing director and chief executive officer (MD&CEO) Sudhir Sitapati’s first detailed investor session on Monday. The company has maintained its guidance of growing volumes in double digits, led by higher penetration across categories, margin expansion of 150-200 basis points and better category level collaboration across geographies, cost-effectiveness and focus on category development.
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