Rock solid SBI is top-performing Sensex stock of 2021 so far
SBI, by clocking gains of more than 51 per cent, emerges as the top-performing Sensex stock.
Sensex is up by approximately 9 per cent on a YTD basis while as many as 14 Sensex stocks have outperformed the frontline index on a YTD basis.
SBI, by clocking gains of more than 51 per cent, emerges as the top-performing Sensex stock. SBI has not only topped the charts for 2021 but also, it has done with a huge margin as the second-best performing Sensex stock, Bajaj Finserv is up by a little over 32 per cent, followed by UltraTech Cement and ICICI Bank, which are up by 26.85 per cent & 25.52 per cent, respectively. SBI has done exceedingly well because of an increase in the net interest income and improvement in asset quality.
Following is the list of 14 Sensex stocks that have outperformed Sensex itself on a YTD basis:
|
Company name
|
Mkt Cap(Rs crore) as on May 31,2021
|
YTD returns (per cent) 2021
|
|
State Bank of India
|
3,78,626.64
|
51.87
|
|
Bajaj Finserv Ltd
|
1,87,731.26
|
32.93
|
|
UltraTech Cement Ltd
|
1,93,689.32
|
26.85
|
|
ICICI Bank Ltd
|
4,58,357.82
|
25.52
|
|
Oil & Natural Gas Corporation Ltd
|
1,42,974.87
|
21.94
|
|
Axis Bank Ltd
|
2,29,944.25
|
20.43
|
|
Bajaj Auto Ltd
|
1,21,230.31
|
20.29
|
|
Power Grid Corporation Of India Ltd
|
1,17,972.35
|
19.03
|
|
Larsen & Toubro Ltd
|
2,05,851.87
|
13.02
|
|
IndusInd Bank Ltd
|
78,393.07
|
12.61
|
|
Sun Pharmaceutical Industries Ltd
|
1,60,347.56
|
12.11
|
|
NTPC Ltd
|
1,07,148.16
|
11.62
|
|
Infosys Ltd
|
5,93,852.93
|
10.57
|
|
Mahindra & Mahindra Ltd
|
1,00,437.53
|
10.23
|