Best and worst performing stocks of 2019

Here is a quick rundown on some of the best and worst performing stocks of 2019 in various categories.

Dec 27, 2019 10:12 IST India Infoline News Service

The last one year has been a tumultuous time for the stock markets. There have been companies that managed to gain strongly and some stocks that bounced back with a vengeance from lower levels. At the same time, there were also scores of companies that virtually imploded during the year. Even as we celebrate the performance of Bajaj Finance, ICICI Bank and Reliance Industries during the year, there were scores of companies like Talwalkars, Jet Airways, Dewan Housing and McLeod Russell that virtually imploded. Here is a quick rundown on some of the best and worst performing stocks in various categories. (All returns are considered between 01-Jan-2019 and 27-Dec-2019).
 
Best and worst performing stocks on the NSE NIFTY 50
TOP GAINERS TOP LOSERS
Stock Market Price (27-Dec-2019) 1-Year Returns Stock Market Price (27-Dec-2019) 1-Year Returns
Bajaj Finance Rs4,253 60.06% Yes Bank Rs48 (-73.95%)
ICICI Bank Rs549 51.04% M&M Rs530 (-61.34%)
Bajaj Finserv Rs9,443 44.79% Zee Entertain Rs299 (-37.74%)
Bharti Airtel Rs455 42.44% Vedanta Rs152 (-24.91%)
Reliance Ind Rs1,542 37.59% Wipro Rs247 (-24.22%)
Data Source: NSE
 
This is the blue chip list of the Nifty 50 but this index also showed diverse performance in terms of gainers and losers. The Bajaj twins bounced from lower levels after the NBFC crisis to virtually emerge unscathed and stronger. ICICI Bank emerged from a Jet lag even as RIL scaled Rs10 trillion in market capitalization. Bharti was the other big gainer; largely post the AGR certainty in the last quarter. There were also disappointments on the Nifty. Yes Bank fell on asset quality concerns, while M&M fell in tandem with the auto slowdown. Zee was another stock that got caught up with some bad infrastructure investments.
 
Best and worst performing stocks on the NIFTY Mid Cap 50
TOP GAINERS TOP LOSERS
Stock Market Price (27-Dec-2019) 1-Year Returns Stock Market Price (27-Dec-2019) 1-Year Returns
Mannapuram Rs176 90.70% Glenmark Rs348 (-49.72%)
Info Edge Rs2,567 78.37% RBL Bank Rs37 (-41.68%)
SRF Ltd Rs3,421 71.99% BHEL Rs43 (-41.53%)
IGL Rs426 56.71% NBCC Rs34 (-40.78%)
Bata India Rs1,714 52.23% Union Bank Rs56 (-37.15%)
Data Source: NSE
 
With the Nifty 50 being too macro driven, the NSE Mid Cap 50 gives a better picture of the micro stories. Mannapuram gained over 90% riding the gold story while Info Edge and SRF were among the other big gainers of the year on industry leadership. The loser list had some predictable names like Glenmark, RBL Bank and BHEL. Glenmark bore the brunt of the FDA related concerns, while RBL Bank had to answer some serious questions on asset quality after the Café Coffee Day exposure.
 
Best and worst performing stocks on NSE Small Cap 50
TOP GAINERS TOP LOSERS
Stock Market Price (27-Dec-2019) 1-Year Returns Stock Market Price (27-Dec-2019) 1-Year Returns
Reliance AMC Rs362 127.72% HEG Rs1,098 (-70.22%)
Aavas Finance Rs1,855 119.40% Graphite India Rs304 (-59.64%)
Abbot India Rs13,194 74.07% Indian Bank Rs105 (-58.27%)
Whirlpool Rs2,392 70.27% PNB Housing Rs429 (-53.71%)
Adani Trans Rs330 64.64% Central Bank Rs18 (-51.61%)
Data Source: NSE
 
In the NSE Small Cap universe we did leave out some stocks that were already featured in earlier lists to avoid dual counting. A word of caution here! Some of the stocks may appear to be low priced, but that cannot be interpreted as a signal of under pricing. Stake sale and re-rating of AMCs made Reliance Nippon Asset Management the top gainer for the year. Aavas Financiers (an MFI) gained sharply post the IPO as did MNC names like Abbot India and Whirlpool. The universe losers had some household names like Graphite and HEG that took a beating on the slowdown in the steel industry. PSU banks were also among the major losers on asset quality concerns.
 
Best and worst performing stocks on NSE Consumption Index
TOP GAINERS TOP LOSERS
Stock Market Price (27-Dec-2019) 1-Year Returns Stock Market Price (27-Dec-2019) 1-Year Returns
Nestle Rs14,664 33.13% Piramal Ent Rs1,633 (-31.83%)
Asian Paints Rs1,812 32.13% Tata Power Rs56 (-26.86%)
Titan Rs1,192 28.39% Hero Moto Rs2,443 (-21.91%)
D-Mart Rs1,925 21.05% ITC Rs237 (-16.20%)
Bajaj Auto Rs3,242 18.90% Godrej Cons Rs689 (-14.68%)
Data Source: NSE
 
We chose consumption as a theme only because it has been an enduring theme and has driven the markets in the last few years. The stronger names were the clear gainers with Nestle, Asian Paints, Titan and D-Mart doing extremely well despite rich valuations. ITC continued to lag the market due to its overt dependence on the cigarettes business. The irony was the divergence between the performance of Hero Moto and Bajaj Auto, wherein Bajaj was the clear winner with its exports focus.
 
Year 2019 has been a mixed year with smart gainers and imploding stocks populating each individual list. The only word of caution is that these are just listings based on financial performance in the last year. You need to take your investment view with the usual dose of insights and caution.

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