SAIL, IRFC among 46 stocks with double digit returns this week. SPARC, 82 others deliver negative returns

Notwithstanding high volatility over the week, the BSE 500 index outperformed the headline BSE S&P Sensex with the latter gaining 0.90% (642 points) on a weekly basis.

In the week gone by, 46 in the BSE 500 index delivered double digit while 83 ended on the losing side. The 500-stock index which gained 2.1% on the week-on-week basis saw smallcap Aegis Logistics holding the top spot with nearly 30% returns. It was followed by multibaggers , and , who delivered between 21% and 27% returns.

Notwithstanding high volatility over the week, the BSE 500 index outperformed the headline BSE S&P with the latter gaining 0.90% (642 points) on a weekly basis. fell on Friday breaking their five-session winning streak. While Sensex settled at 73,730.16, down by 609.28 or 0.82%, BSE 500 finished the week at 32,877.25, losing 52 points or 0.16% on Friday.

There were 42 stocks whose returns were at 10-19%. In this was the top performer and at the borderline yielding 10% during the week.

Among the 46 stocks with double digit returns, 16 were PSU counters. The leader in the pack was Cochin Shipyard with 23% returns. The others included , Housing & Urban Development Corporation (HUDCO), Engineers India Limited (EIL), , , (), (), Rail Vikas Nigam Limited (RVNL), NLC and .

In the BSE 500 index, 364 stocks returned positive returns which were lower than 10%. They include , Multi Commodity Exchange (MCX), (BoI), (India) and Axis Bank.

Among the top laggards were Aster DM Healthcare, Sun Pharma Advanced Research Company (SPARC), Gujarat State Petronet, Persistent Systems and Kotak Mahindra Bank which lost between 8% and 30% during the week. SPARC was the biggest loser.

Others including Triveni Turbine, Maruti Suzuki India (MSIL), The Ramco Cements, APL Apollo Tubes and One 97 Communications which operates Paytm were on the margins with negative returns up to 0.26%.

In the week gone, 50 stocks hit their 52 week highs which include national Aluminium Company, Bharti Airtel, Bharat Electronics, JSW Steel, Eicher Motors, State Bank of India (SBI), Hindustan Aeronautics (HAL), Aegis Logistics, Cochin Shipyard and MOIL.

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Source: Stocks-Markets-Economic Times