Stocks in Action: In just a week, these 10 stocks turned Rs 1 lakh investment into Rs 1,10,000-1,34,500; have any of these in your portfolio? See list
Stocks in Action: As many as 10 stocks, part of the BSE 500 or the Nifty 500 - the broadest indices on the bourses BSE and NSE, respectively, have delivered returns of at least 10 per cent during the trading week from August 5 to August 9. While Authum Investment & Infrastructure clocked a weekly gain of 34.5 per cent, KFin Technologies (KFINTECH) rose 25 per cent, BASF India 22 per cent, and Cera Sanitary almost 17 per cent. Read on to see the full list.
Stocks in Action: Authum Investment & Infrastructure, part of the BSE 500 universe, stood out with a gain of 34.5 per cent for the trading week from August 5 to August 9. During this period, KFin Technologies (KFINTECH), which is part of the Nifty 500 index, staged a rally of 25 per cent. Both stocks were the top weekly gainers among a total of 10 stocks that rewarded investors with returns of at least 10 per cent. The BSE 500 and Nifty 500 are the broadest indices on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), respectively.
Among the top five performers were BASF India with a 22 per cent gain, Cera Sanitary Products with nearly 17 per cent, and Triveni Turbine with a 14.5 per cent increase.
10 stocks that delivered weekly returns of 10% or more: Authum Investment, KFin Tech, BASF India, Cera on the list
Stock (index) | Weekly return (%) | Industry |
Authum Investment & Infrastructure (BSE 500) | 34.5 | NBFC |
KFin Technologies (Nifty500, BSE Smallcap) | 25.3 | Depositories, Clearing Houses and Other Intermediaries |
BASF (BSE 500) | 22 | Specialty chemicals |
Cera Sanitary (BSE 500, Nifty 500) | 16.6 | Sanitary ware |
Triveni Turbine (BSE 500, Nifty 500) | 14.5 | Heavy electrical equipment |
Trent (BSE 100, BSE 500, Nifty 500) | 13.3 | Specialty retail |
Jubilant Ingrevia (BSE 500, Nifty 500) | 10.7 | Specialty chemicals |
Bikaji Foods (BSE 500, Nifty 500) | 10.3 | Packaged foods |
Avanti Feeds (BSE Smallcap, Nifty 500) | 10.2 | Animal feed |
Aster DM Health (BSE 500, Nifty 500) | 9.7 | Hospital |
To put things into perspective, an investment of Rs 1 lakh in Aster DM Health on August 2 would be worth Rs 1,09,700 on August 9, based on closing prices.
In comparison, an investment of Rs 1 lakh in Authum Investment & Infrastructure (AIIL) shares would have appreciated to Rs 1,34,500 during this period.
In the BSE 500 universe, 150 stocks gained while the others fell. Among the top weekly losers were Lemon Tree Hotels (down 18.4 per cent), LIC Housing Finance (14.8 per cent), and Thermax (12.6 per cent).
Meanwhile, headline indices Sensex and Nifty50 registered weekly losses to the tune of about 1.5 per cent each, with the 30-scrip index shedding 1,276 points and the broader gauge losing 350.2 points amid selling pressure across most sectors. Among sectors, metal and PSU banking were the worst hit.
Nifty Metal index dropped 3% for the week; see how other sectoral indices fared
Index | Change |
NIFTY METAL | -2.97 |
NIFTY PSU BANK | -2.82 |
NIFTY CONSUMER DURABLES | -2.40 |
NIFTY PRIVATE BANK | -1.82 |
NIFTY IT | -1.73 |
NIFTY BANK | -1.69 |
NIFTY FINANCIAL SERVICES | -1.64 |
NIFTY REALTY | -1.44 |
NIFTY AUTO | -1.43 |
NIFTY OIL & GAS | -1.25 |
NIFTY MEDIA | 0.06 |
NIFTY FMCG | 0.67 |
NIFTY HEALTHCARE INDEX | 0.74 |
NIFTY PHARMA | 1.40 |
Among broader barometers, Nifty Midcap 100 and Nifty Smallcap 100 logged weekly losses of 1.3 per cent and 2.1 per cent respectively.
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