Top 10 gainers & losers of FY21
The previous fiscal year i.e. FY21 has been a roller-coaster ride for markets due to the impact of the COVID-19 pandemic and the lockdown imposed by the government in the country.
In March 2020, the benchmark indices witnessed freefall but gradual V-shaped recovery was seen over the months as lockdown restrictions were eased and the economy slowly started reviving.
The benchmark indices not only recovered but also, made all-time high records during the month of February 2021.
We have considered the period from April 1, 2020 to March 31, 2021, which is the financial year 2021 wherein, BSE Sensex index gave returns of whopping ~68 per cent. BSE 500 index too gave returns of 77 per cent. We have taken the top 1,000 companies as per market cap and calculated their returns for the above-mentioned period.
Top 10 gainers –
| Company Name |
Industry |
Market Cap (Rs in Cr) |
Price as on Mar 31, 2021 |
Price as on Mar 31, 2020 |
% Return |
| Tanla Platforms Ltd. |
IT - Software |
11108.74 |
816.60 |
48.50 |
1583.71 |
| Digispice Technologies Ltd. |
Trading |
1149.98 |
50.35 |
3.46 |
1355.20 |
| PG Electroplast Ltd. |
Consumer Durables - Domestic Appliances |
791.80 |
405.45 |
28.30 |
1332.69 |
| Intellect Design Arena Ltd. |
IT - Software |
9836.99 |
739.65 |
54.70 |
1252.19 |
| CG Power & Industrial Solutions Ltd. |
Electric Equipment |
8944.52 |
66.85 |
5.11 |
1208.22 |
| GRM Overseas Ltd. |
Consumer Food |
632.39 |
1605.05 |
135.90 |
1081.05 |
| Subex Ltd. |
IT - Software |
1997.92 |
35.55 |
3.07 |
1057.98 |
| Adani Total Gas Ltd. |
Trading |
105719.24 |
961.25 |
86.40 |
1012.56 |
| Kellton Tech Solutions Ltd. |
IT - Software |
693.47 |
71.95 |
7.11 |
911.95 |
| Saregama India Ltd. |
Film Production Distribution & Entertainment |
2810.08 |
1594.10 |
196.25 |
712.28 |
Top 10 losers –
| Company Name |
Industry |
Market Cap (Rs in Cr) |
Price as on Mar 31, 2021 |
Price as on Mar 31, 2020 |
% Return |
| Future Lifestyle Fashions Ltd. |
Retailing |
986.68 |
48.90 |
118.05 |
-58.58 |
| Omaxe Ltd. |
Construction - Real Estate |
1231.84 |
67.35 |
152.85 |
-55.94 |
| Future Retail Ltd. |
Retailing |
2315.55 |
42.70 |
78.75 |
-45.78 |
| GE Power India Ltd. |
Engineering - Construction |
1924.72 |
286.30 |
476.35 |
-39.90 |
| Yes Bank Ltd. |
Bank - Private |
39085.65 |
15.60 |
22.45 |
-30.51 |
| Chalet Hotels Ltd. |
Hotel Resort & Restaurants |
3011.80 |
146.90 |
203.95 |
-27.97 |
| Future Consumer Ltd. |
Trading |
1190.24 |
5.99 |
7.01 |
-14.55 |
| Rajesh Exports Ltd. |
Diamond & Jewellery |
14128.19 |
478.50 |
542.15 |
-11.74 |
| Federal-Mogul Goetze (India) Ltd. |
Auto Ancillary |
1564.10 |
281.15 |
315.00 |
-10.75 |
| SIS Ltd. |
Miscellaneous |
5786.18 |
390.30 |
431.50 |
-9.55 |
(Source : Ace Equity)
FY22 has begun on a positive note. It would be interesting to see how the markets would perform this fiscal with its habit of giving sweet & sour surprises.