These Large cap laggards of 2021 shine in August
The market sentiment has been buoyant since the beginning of the year. BSE Sensex is up by ~16 per cent in 2021 so far and in August the frontline index has jumped by ~6 per cent.
Several quality large cap names have been underperforming markets in 2021. However with the large caps seen trending again and outperforming the broader markets, we find that several laggards of 2021 have outperformed BSE Sensex in August so far.
Following is the list of Large Cap stocks that outperformed Sensex in August after having underperformed the frontline index in 2021 if we consider the data from January 1 till July 30:
|
Sr No
|
Stock Name
|
2021 returns (%)
(Till July 30)
|
August returns (%)
|
|
1
|
Reliance Industries Ltd.
|
2.43
|
6.32
|
|
2
|
Tata Consultancy Services Ltd.
|
8.17
|
12.15
|
|
3
|
HDFC Bank Ltd.
|
0.07
|
6.25
|
|
4
|
Hindustan Unilever Ltd.
|
-2.23
|
6.22
|
|
5
|
Housing Development Finance Corporation
|
-5.02
|
12.22
|
|
6
|
Bharti Airtel Ltd.
|
9.09
|
11.46
|
|
7
|
HCL Technologies Ltd.
|
7.9
|
11.29
|
|
8
|
Mahindra & Mahindra Ltd.
|
1.41
|
6.37
|
|
9
|
Britannia Industries Ltd.
|
-4.1
|
8.08
|
|
10
|
Sensex
|
9.86
|
5.79
|