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

5paisa Research Team 7th October 2022 - 05:35 pm

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 climbed 1.38%, going from the level of 57,426.92 on 30 September to 58,222.10 on 06 October. Similarly, NIFTY surged by the same quantum, going from 17,094.35 on 30 September to 17,331.80 on 06 October.

Let us have a look at the top gainers and losers in the large-cap space during the last 5 trading sessions (between 30 September and 06 October).

Top 5 Gainers	Return (%)
JSW Energy Ltd.	10.14
Coal India Ltd.	9.94
Bharat Forge Ltd.	9.86
Zydus Lifesciences Ltd.	9.43
Varun Beverages Ltd.	9.36

Top 5 Losers	Return (%)
Godrej Consumer Products Ltd.	-6.25
Adani Enterprises Ltd.	-4.78
Dabur India Ltd.	-4.73
Eicher Motors Ltd.	-3.88
Colgate-Palmolive (India) Ltd.	-3.52

JSW Energy Ltd

On 4th October, the company announced that its wholly owned subsidiary JSW Neo Energy Limited ('JSWNEL'), has entered into a Memorandum of Understanding with the Government of Maharashtra for setting up a 960 MW capacity of Hydro Pumped Storage Project viz. Pane (Raigarh) Pumped Storage Project, in the state.

Coal India Ltd (CIL)

On 1st October, the company released the provisional production and off-take performance of CIL and subsidiary companies for the month of September 2022 and for the period April 2022-September 2022. As per the exchange filing, in H1FY23, the company’s output grew 20% YoY and its supplies to power plants grew by 17%. All CIL’s subsidiaries recorded growth with BCCL topping at 31.3%. Further, addressing the apprehension of coal shortage during festive season, the company informed that there is sufficient coal stock at its pitheads and at power plants.

Bharat Forge Ltd

On 30 September, the company informed the exchanges about an internal restructuring. As per the press release, the company’s investment committee approved the transfer of its stake in Analogic Controls India Limited (“ACIL”) to Kalyani Strategic Systems Limited (“KSSL”), wholly owned subsidiary of the company. This was done with an intent to house all defense related businesses/investments of the company under one entity.

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5paisa Research Team

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.

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