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

5paisa Research Team 26th October 2023 - 01:17 pm

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

Inflation is much stickier than anticipated even a few months ago. Persistently high inflation is expected to force the Federal Reserve and other central banks to keep raising rates and to keep them at or near a peak longer to combat surging prices.

The IMF (International Monetary Fund) also envisions a 15% possibility of a “severe downside scenario,” often associated with a global recession, in which worldwide economic output per person would shrink.

According to data released by the National Statistical Office (NSO) on Wednesday, Retail inflation eased to a 15-month low of 5.66 percent in March, slipping below the upper threshold of the Reserve Bank of India’s medium-term 4+/- 2 percent target.

Looking at Indian stock markets, in the last 5 trading sessions, the frontline index S&P BSE Sensex climbed by 0.97%, going from the level of 59846.51 on 10th April to 60431 on 13th April. In contrast, the Nifty50 went from 17,624.05 on 10th April to 17,828 on 13th April.

Let us have a look at the top gainers and losers in the large-cap space during the last 5 trading sessions (between 06 April and 13 April).

Top 5 Gainers Return (%)

Company Name	Returns
Aarti Surfactants Ltd.	20.5
AU Small Finance Bank Ltd.	19.34
Balaji Amines Ltd.	16.27
Alicon Castalloy Ltd.	10.65
Adani Green Energy Ltd.	10.04

Top 5 Losers Return (%)

Company Name	Returns
Agro Tech Foods Ltd.	-7.08
3I Infotech Ltd.	-6.17
Archean Chemical Industries Ltd.	-5.95
Asian Energy Services Ltd.	-5.64
Allcargo Logistics Ltd.	-5.35

Aarti Surfactants Ltd : Shares of Aarti Surfactants Ltd gained 20.5% in the last 5 trading sessions.However, it should be noted that the company has not made any significant announcements of late. Hence, the rally in the share price could be driven purely by market forces. 

Alicon Castalloy Ltd : The Shares of Alicon Castalloy Ltd gained 10.65% in the last 5 trading sessions. Looking at the recent performance of company in Q4FY23 is declined by 11.08% to Rs 321 crore from Rs 361 crore in Q3FY23.

Agro Tech foods Ltd : The shares of Agro Tech foods Ltd dropped nearly 7.08% in the last 5 trading sessions. In Q4FY23 the company’s revenue declined by 5.74% to Rs 212 crore from Rs 224.92.

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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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