1 week Ago
IT stocks hogged the limelight during the week with significant action in most stocks in the BSE IT index. At the index level, the gains were to the tune of 6%. Individually, the best and worst performers were Tata Group stocks.
Here are 10 biggest weekly gainers and losers. Tata Elxsi was the top gainer, surging by 15% during the week. The company announced Rs 75/share final dividend for the financial year ended March 31, 2025.
This smallcap stock delivered 14% returns during the week and was the second biggest gainer. The gains were notwithstanding a 4% Friday fall. The tier-2 IT services company gained 12% on a weekly basis.
Its gains on Friday stood at 1.7%. The largecap IT stocks gained 12% on a weekly basis.
The stock delivered stellar results with 76% YoY gains in PAT and 4% uptick in revenue. The company also recommended a final dividend of Rs 30 per share. It has been unbeaten for five sessions.
This tier-2 company delivered 12% returns during the week. The stock ended with gains of 2.3% on the NSE.
63 Moons Technologies was one of the top five biggest losers during the week. It saw its share prices erode by 7%. On Friday, they fell 5%.
Mastek shares have been on a falling curve for the past one week following week earnings where company reported 14% YoY fall in net profit. Its weekly declines are 7%. The stock fell 1.
6% on Friday. This smallcap counter fell 7% during the week and it fell 4.6% on Friday despite largely buying trends during the session.
eMudhra which works with governments and banks across the world on their paperless transformation journey. Its stock declined 8% WoW while going down 2.6% on Friday.
Stock of this Tata group company has been the worst performer in the pack, falling by over 10% in the week gone by. It fell 7% on Friday..
