These are best & worst large-cap stocks of 2020
Several stocks seem to have rebounded after the market crash, which was witnessed in March 2020. In recent months, a strong rally in the broader markets, mainly in small-cap stocks, was seen. With the steam now cooling off, investors seem to ponder over returning to large-cap stocks.
The majority of the large-cap stocks belonging to the healthcare sector have had a fantastic year so far. A strong buying interest in quality large-cap stocks was seen with investors accumulating the scrips for short-term or mid-term. Analysts strongly believed that as these stocks come out of their correction phase, a strong bounce could be seen.
Several stocks touched their 52-week high in 2020 while around 14 stocks touched their respective 52-week highs only in the month of September 2020.
Clearly defensives outperformed in 2020 with pharma and IT taking the lead while FMCG underperforming within the defensive space. Apart from pharma stocks, RIL and Britannia managed to surprise investors with their superlative returns.
Following is the list of top-performing large-cap stocks on a YTD basis:
| Company Name |
Sector |
Adjusted PE (x) |
Returns (per cent) |
| 1 month |
Since March 23 |
YTD |
| Dr. Reddys Laboratories Ltd. |
Healthcare |
17.63 |
16.57 |
83.81 |
76.57 |
| Aurobindo Pharma Ltd. |
Healthcare |
12.92 |
-2.56 |
170.61 |
73.79 |
| Divis Laboratories Ltd. |
Healthcare |
38.43 |
-5.54 |
65.13 |
68.04 |
| Cipla Ltd. |
Healthcare |
14.71 |
3.39 |
101.87 |
60.12 |
| Cadila Healthcare Ltd. |
Healthcare |
19.36 |
2.49 |
38.34 |
52.13 |
| Reliance Industries Ltd. |
Crude Oil |
22.82 |
7.54 |
156.4 |
50.11 |
| HCL Technologies Ltd. |
IT |
13.22 |
17.66 |
94.47 |
42.07 |
| Infosys Ltd. |
IT |
17.54 |
10.49 |
91.81 |
37.09 |
| Hero MotoCorp Ltd. |
Automobile & Ancillaries |
8.76 |
6.03 |
96.48 |
30.57 |
| Lupin Ltd. |
Healthcare |
36.72 |
5.07 |
68.81 |
29.48 |
| Wipro Ltd. |
IT |
12.94 |
14.59 |
82.8 |
25.69 |
| Britannia Industries Ltd. |
FMCG |
43.58 |
-1.12 |
74.93 |
22.73 |
| Avenue Supermarts Ltd. |
Retailing |
105.6 |
-4.89 |
16.67 |
16.67 |
| Sun Pharmaceutical Industries Ltd. |
Healthcare |
26.32 |
-3.2 |
56.05 |
16.44 |
| Tata Consultancy Services Ltd. |
IT |
20.55 |
10.78 |
49.6 |
14.63 |
| *Data as on September 30, 2020 |
Most underperforming large caps can be seen from the banking sector.
Following is the list of worst performing large cap stock on YTD basis
| Company Name |
Sector |
Adjusted PE (x) |
Returns (per cent) |
| 1 month |
Since March 23 |
YTD |
| IndusInd Bank Ltd. |
Bank |
5.51 |
-14.57 |
59.34 |
-63.88 |
| Bank Of Baroda |
Bank |
45.3 |
-13.04 |
-23.35 |
-59.4 |
| Punjab National Bank |
Bank |
64.83 |
-16.28 |
-18.05 |
-55.1 |
| General Insurance Corporation of India Ltd. |
Insurance |
19.13 |
-16.34 |
35.88 |
-45.85 |
| Oil & Natural Gas Corporation Ltd. |
Crude Oil |
6.39 |
-12.85 |
14.39 |
-45.72 |
| Bandhan Bank Ltd. |
Bank |
10.85 |
-10.68 |
56.29 |
-45.61 |
| State Bank Of India |
Bank |
12.13 |
-15.18 |
1.87 |
-44.67 |
| Coal India Ltd. |
Mining |
7.65 |
-11.87 |
-7.87 |
-44.48 |
| Axis Bank Ltd. |
Bank |
65.77 |
-12.16 |
38.4 |
-43.02 |
| Indian Oil Corporation Ltd. |
Crude Oil |
57.08 |
-11.62 |
-7.36 |
-40.51 |
| Bajaj Finserv Ltd. |
Finance |
109.53 |
-7.55 |
27.61 |
-37.32 |
| NMDC Ltd. |
Mining |
6.79 |
-14.33 |
31.22 |
-35.49 |
| ICICI Bank Ltd. |
Bank |
26.48 |
-8.73 |
25.73 |
-33.5 |
| DLF Ltd. |
Realty |
15.03 |
-3.79 |
22.77 |
-32.01 |
| Larsen & Toubro Ltd. |
Infrastructure |
16.96 |
-6.3 |
23.69 |
-31.67 |
| *Data as on September 30, 2020 |