Weekly movers: Hits and misses in the largecap space during the week!

Weekly movers: Hits and misses in the largecap space during the week!

Indian Market
by 5paisa Research Team Last Updated: 2022-10-14T16:31:34+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 plunged 1.64%, going from the level of 58,191.29 on 07 October to 57,235.33 on 13 October. Similarly, the NIFTY declined by almost the same quantum, going from 17,314.65 on 07 October to 17,014.35 on 13 October, exhibiting a 1.7% decline.

Let us have a look at the top gainers and losers in the large-cap space during the last 5 trading sessions (between 07 October and 13 October).

Top 5 Gainers 

Return (%) 

Axis Bank Ltd. 

6.13 

Gland Pharma Ltd. 

3.48 

Max Healthcare Institute Ltd. 

3.2 

IDFC First Bank Ltd. 

2.73 

HCL Technologies Ltd. 

2.57 

 

Top 5 Losers 

Return (%) 

Zomato Ltd. 

-11.93 

Adani Wilmar Ltd. 

-8.93 

Havells India Ltd. 

-8.8 

Ashok Leyland Ltd. 

-7.83 

Solar Industries India Ltd. 

-7.68 

 

 

Axis Bank Ltd 

With gains of 6.13% in the last 5 trading sessions, Axis Bank has become the top gainer in the large cap space during the last week. On 06 October, the bank announced that the meeting of the Board of Directors of the company is scheduled on 20 October 2022, inter alia, to consider and approve the unaudited financial results (both standalone and consolidated) for the quarter and half year ended September 30, 2022. On 11 October, the bank reported a block deal trade of its shares.

Gland Pharma Ltd

Shares of Gland Pharma surged 3.48% in the last 5 trading sessions. With this, the pharma company was the second highest gainer in the large cap space in the last 1 week. On 10 October, the pharma company announced that the meeting of the Board of Directors of the Company is scheduled on 26 October 2022, inter alia, to consider and approve the unaudited standalone and consolidated financial results of the company for the quarter and half year ended September 30, 2022.

Max Healthcare Institute Ltd 

The shares of Max Healthcare Institute Ltd surged by 3.2% in the last 1 week. However, it should be noted that the company has not made any significant announcement of late. Hence, the surge in the share price of the Max Healthcare Institute Ltd could be driven purely by the market forces.


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