Weekly movers: Hits and misses in the large-cap space during the week!

Weekly movers: Hits and misses in the large-cap space during the week!

Indian Market
by 5paisa Research Team Last Updated: 2022-09-23T19:31:33+05:30

Here’s a list of the top 5 gainers and losers this week in the large-cap space.

In the last 5 trading sessions, the frontline index S&P BSE Sensex remained relatively flat, going from the level of 58,840.79 on 16 September to 59,119.72 on 22 September. Similarly, NIFTY climbed marginally from 17,530.85 on 16 September to 17,629.80 on 22 September.

Let us have a look at the top gainers and losers in the large-cap space during the last 5 trading sessions (between 16 September and 22 September).

Top 5 Gainers 

Return (%) 

Adani Wilmar Ltd. 

13.42 

Patanjali Foods Ltd. 

10.65 

Page Industries Ltd. 

8.48 

Marico Ltd. 

7.92 

CG Power and Industrial Solutions Ltd. 

7.81 

 

Top 5 Losers 

Return (%) 

Shree Cement Ltd. 

-6.91 

Power Grid Corporation Of India Ltd

-6.62 

Schaeffler India Ltd. 

-6.54 

Godrej Properties Ltd. 

-5.79 

Gland Pharma Ltd. 

-5.21 

 

 

Adani Wilmar Ltd

Shares of Adani Wilmar were the top gainers on the bourses this week. The company has not made any significant announcements of late. Hence, the rally in its share price could be driven purely by market forces. In today’s session, the company’s shares opened at Rs 827.6, and touched a high & low of Rs 841.9 & Rs 816.10, respectively.

Patanjali Foods Ltd

The shares of Patanjali Foods gained over 10% in the last 5 trading sessions. This surge came ahead of the company’s ex-dividend date, which is today, 23 September 2022. The company declared a dividend of Rs 5 per equity share, representing 250% of the face value of Rs 2 per equity share.

This week, the company held its annual global investor conference. As per the exchange filing, the company put forth its vision for the various segments. The promoters also plan to list four other companies of the Patanjali Group - Patanjali Ayurveda, Patanjali Medicines, Patanjali Lifestyle and Patanjali Wellness - in the coming years. The Patanjali group currently has a combined turnover of Rs 40,000 crore with the target of reaching Rs 1 lakh crore in the next five years.

Page Industries

Page Industries Ltd has not made any significant announcements of late. Hence, the rally in its share price could be driven purely by market forces. In today’s session, the company’s shares opened at Rs 52850, and touched a high & low of Rs 53535.30 & Rs 52501, respectively.


Start Investing in 5 mins*

Get Benefits worth 2100* | Rs. 20 Flat Per Order | 0% Brokerage

About the Author

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

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

Open Free Demat Account

& get benefits worth 2100*

Resend OTP
Please Enter OTP
  • Have Promo code?
  • Use code ACT2100
Enter Promo code
Account belongs to

By proceeding, you agree to the T&C.

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number