Top 5 Large-cap gainers and losers this week!
5paisa Research Team
15th December 2022 - 07:29 am
List of top 5 gainers and losers this week in the Large-cap space.
The market erased almost all of its last two week’s gains amid a broad market sell-off seen this week. Investors fretted, triggering profit-booking largely on account of weak global cues, rising inflationary concerns and tepid listing of Paytm shares. The spike in India’s wholesale price inflation to 12.54% for October month, from 10.66% in September on account of rising in crude oil prices also worried investors. The FIIs and DIIs both were net buyers to the tune of Rs 1,768 crore and Rs 3,927 crore respectively in the Indian equities market during the week.
In the period from Friday i.e, November 12 to November 18, the Nifty 50 index fell 1.86% from 18,102.75 to 17,764.80. Similarly, the BSE Sensex registered a decline of 1.73% from 60,686.69 to 59,636.01.
Let us have a look at the top gainers and losers in the large-cap space during this period.
|
Top 5 Gainers |
Return (%) |
|
Apollo Hospitals Enterprise Ltd. |
19.71 |
|
National Standard (India) Ltd. |
9.97 |
|
Macrotech Developers Ltd. |
9.22 |
|
Maruti Suzuki India Ltd. |
8.5 |
|
L&T Technology Services Ltd. |
6.24 |
|
Top 5 Losers |
Return (%) |
|
FSN E-Commerce Ventures Ltd. |
-10.22 |
|
Honeywell Automation India Ltd. |
-9.31 |
|
JSW Energy Ltd. |
-8.53 |
|
Coal India Ltd. |
-8.09 |
|
Tata Steel Ltd. |
-7.78 |
Apollo Hospitals Enterprise:
Shares of Apollo Hospitals Enterprises (AHEL) continued its upward march, with the stock hitting a fresh record high of Rs 5,845.25 on the BSE on Wednesday. The stock has surged 19.71% in the past four days after the company reported a strong set of numbers for the quarter ended September 2021 (Q2FY22). The Q2FY22 performance of AHEL was better-than-expected with a rise in the average revenue per occupied bed (ARPOB) and a lower average length of stay (ALOS).
The stock price was also driven by the news that Apollo Hospitals acquired a 65% stake in the 180-bed Excelcare Hospital in Guwahati at an enterprise value of Rs 210 crore, and is seeking to acquire a 300-bed facility in Mumbai in the next few years and 300 more beds in Bengaluru by acquisition in the next two years.
National Standard (India):
Shares of National Standard (India) continued its astonishing run on the domestic markets with the share price rising 9.91% in the past week after hitting consecutive upper circuits. Since October 01, 2021, the share price has surged massively by 331%. National Standard (India) reported its Q2 results earlier in October and reported net sales of Rs 6.86 crore from Rs 0.23 crore in the same quarter for the previous fiscal year. The operating profit of the company grew YoY by 788.38%, while PAT was up by 877.9% during the quarter.
Macrotech Developers:
Realty firm Macrotech Developers raised Rs 4,000 crore through the sale of shares to institutional investors and will use this fund for business growth and the reduction of debt. The Mumbai-based company is one of the leading real estate firms in the country and market its properties under the 'Lodha' brand. The share price of the company was up by 9.22% this week to Rs 1378.35 as of November 18, 2021, from Rs 1261.95 on November 12, 2021.
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Tanushree Jaiswal
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