Top 5 Large Cap Gainers of Indian Stock Market year 2018-19 Diwali to Diwali

Hi,

This year was not good for the NIFTY and Sensex index, but still, these five companies have outperformed every other.

1. Interglobe Ave (IndiGo)

Stock is up by around 95% from the Diwali 2018. This aviation giant has gained a lot by the closing of its competitor Jet Airways. with a market cap of around 67000 crores rupees, the company is a large-cap company and is a number one gainer of this year.

2. HDFC AMC

This asset management company which deals with mutual funds is up by around 94% from the last Diwali. Company has a bright future because only a small fraction of people are invested in the mutual fund sectors. Once people get aware of the sector, it has a big potential, and this is the reason that institutional investors showed trust in this stock. 

3. BPCL (Bharat Petroleum Corporation Ltd.) 

The Indian government is planning of divestment of their share in this company. Currently, govt has around 53% stake in this company, and these divestment talks are the sole big reason behind the large gains. From last year, it is up by 86.59%. 

4. Siemens 

A very well known MNC got its share price booming after the government's decision of cutting the corporate tax rate. The company used to pay 36%  tax on the profits, but this has come down to around 25%, and it has increased the profitability of the company. Its share price has risen by 75.15%. 

5. Berger Paints

Asian Paints is the biggest player in paints, and then comes Berger Paints at the 2nd position. But compared to the former, the company has performed very well. The reason again is the corporate tax cut, after which the share price rose and brought the company from the mid-cap category to the large-cap category. Whenever a company becomes a large-cap it gains the trust of the institutional buyers.

Thanks!