Rock solid SBI is top-performing Sensex stock of 2021 so far

DSIJ IntelligenceCategories: DSIJ News, Trendingjoin us on whatsappfollow us on googleprefered on google

Rock solid SBI is top-performing Sensex stock of 2021 so far

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.   

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