These Large Caps stocks with outstanding results are outperforming markets
DSIJ IntelligenceCategories: Mindshare, Trending
Few stocks such as SAIL, Hindalco,Tata Steel,NMDC and JSW Steel have declared outstanding results however have underperformed the markets since declaring results. SAIL for example is down by more than 15 per cent since it declared its positive numbers.
The earnings this season has been mixed as was expected by the dalal street owing to the covid issues.Several companies however managed to beat the street estimates and are seen outperforming markets on the bourses in the past one month. BSE Sensex gained by ~6 per cent in one month.
Few stocks such as SAIL, Hindalco,Tata Steel,NMDC and JSW Steel have declared outstanding results however have underperformed the markets since declaring results. SAIL for example is down by more than 15 per cent since it declared its positive numbers.
Following is the list of large cap stocks (market cap greater than Rs 20,000 cr) with outstanding results that are outperforming markets:
| Sr No | Stock | Result Date | Price Gain (%) |
| 1 | Fortis Healthcare | 14-Aug | 18.49 |
| 2 | Apollo Hospitals | 13-Aug | 17.52 |
| 3 | Tube Investments | 13-Aug | 4.96 |
| 4 | Max Healthcare | 10-Aug | 7.12 |
| 5 | Varun Beverages | 2-Aug | 5.19 |
| 6 | Dr Lal Path Lab | 30-Jul | 7.46 |
| 7 | Deepak Nitrate | 29-Jul | 10.06 |
| 8 | Vedanta | 26-Jul | 6.8 |