Top 5 Largecap gainers and losers this week!

Top 5 Largecap gainers and losers this week!

by 5paisa Research Team Last Updated: Nov 12, 2021, 04:26 PM IST

List of top 5 gainers and losers this week in the Largecap space.

Market sentiment has been somewhat weaker with respect to institutional flows over the last week as FIIs have been net sellers worth Rs 7938.15 crore so far in November 2021. Exuberant participation in primary issuances and high leverage, combined with peaking of earnings upgrade cycle, poses a risk in the near-term for broader markets. In the past week, stocks such as IndusInd Bank, Oberoi Realty, Divi’s Laboratories, Tata Communication and Godrej Properties were among those that succumbed to selling pressure and corrected.

In the period from Thursday i.e., November 04 to November 11, the Nifty 50 index fell 0.24% from 17916.8 to 17873.6. Similarly, the BSE Sensex registered a decline of 0.25% from 60067.62 to 59919.69.

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

Top 5 Gainers 

Return (%) 

Adani Total Gas Ltd. 

15.08 

Adani Enterprises Ltd. 

11.17 

Bharat Electronics Ltd. 

10.60 

Muthoot Finance Ltd. 

10.14 

Zomato Ltd. 

6.99 

 

Top 5 Losers 

Return (%) 

IndusInd Bank Ltd. 

-13.09 

Oberoi Realty Ltd. 

-7.26 

Divi's Laboratories Ltd. 

-7.15 

Tata Communications Ltd. 

-5.73 

Godrej Properties Ltd. 

-5.68 

 

 

Adani Group Stocks

Shares of Adani Group companies were in focus this week with two group stocks - Adani Total Gas and Adani Enterprises nearing their all-time high levels on the BSE. In the past week, these Adani Total Gas and Adani Enterprises have rallied in double-digits on the BSE, outperforming the broad market BSE Sensex.

Individually, Adani Total Gas rallied 15.08% to Rs 1,650.05, nearing its all-time high of Rs 1680 hit on June 4, 2021. Similarly, Adani Enterprises was up 11.17% to Rs 1664.45 on the BSE on November 11, 2021 and. Earlier this year, the stock had hit an all-time high of Rs 1,718.45 on June 7, 2021.

Adani Total Gas is one of India's leading private players in developing City Gas Distribution (CGD) networks to supply Piped Natural Gas (PNG) to industrial, commercial, domestic (residential) customers and Compressed Natural Gas (CNG) to the transport sector.

Meanwhile, Adani Enterprises is presently focused on businesses related to airports, roads, water, data centre, solar manufacturing, defence and aerospace, edible oils and foods, mining, integrated resource solutions and integrated Agri-Supply chain.

Bharat Electronics

Shares of Bharat Electronics zoomed 10.60% this week to Rs 223.25 from Rs 201.85 on November 4, 2021. The company was among the constituents to be added to the MSCI India Domestic Index in MSCI’s Semi-Annual Index Review for the Equity Indexes. The company joined the likes of Zomato, SRF, Tata Power, Mindtree, Godrej Properties, Indian Railway Catering and Tourism Corporation (IRCTC), Mphasis, and Bajaj Holdings and Investment Ltd are the additions in the standard index.  The adjustment for its November semi-annual index rebalancing will take place on November 30, 2021, and the rejig will be with effect from December 1, 2021. Estimates indicate that inclusion in the standard Index sees a passive flow of around USD 1.3 billion into the country.

Muthoot Finance

Gold Loan Company, Muthoot Finance was one of the top gainers this week, rising 10.14% after reporting a healthy set of Q2FY22 numbers. The finance company, which also operates home loan, micro-finance and insurance broking subsidiaries, said that its revenue from operations increased to Rs 3,052.16 crore during the quarter, as opposed to Rs 2,821.02 crore in the same quarter for a previous fiscal year, thereby registering a growth of 8.52%. The Kerala-based lender is seeing a strong demand environment for gold loans and remains optimistic about growth momentum continuing in the festive season.

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SENSEX
52,727.98
462.26 (0.88%)
Nifty 50
15,699.25
142.60 (0.92%)
Nifty Bank
33,627.45
492.45 (1.49%)

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