India: Monthly Stock Market Performance Insight - October 2023

Monthly Gainers
1,843
Monthly Losers
2,310
Average Return
1.38%
Total Stocks
4,330
View Detailed Market Cap Breakdown
Market Cap Monthly Gainers Monthly Losers Average Return Total Stocks
Large Cap 106 214 -1.93% 321
Mid Cap 137 239 0.58% 381
Small Cap 763 938 1.62% 1,742

Monthly Streak Leaders for October 2023

Stock Streak Streak Return
11 months โ†‘ 227.28%

Kaynes Technology is on fire with an unstoppable a 11-month winning streak (728.25 โ†’ 2,383.40), delivering 227.3% gains. Financial performance remains steady with 9.8B revenue yielding 1.2B profit (Qtr ending Mar 2025). The 11.8% margin suggests room for growth as operations scale.

8 months โ†‘ 150.63%

Rec maintains strong momentum with a 8-month winning streak (114.75 โ†’ 287.60), delivering 150.6% gains. With 63.6B revenue generating only 43.1B profit (67.8% margin) in Qtr ending Mar 2025, the market prices in future margin expansion potential.

6 months โ†“ -23.19%

Vedanta sees continued selling pressure through a 6-month decline (282.00 โ†’ 216.60), down 23.2%. However, fundamentals remain robust: 397.9B revenue generating 49.6B profit (12.5% margin) as of Qtr ending Mar 2025 suggests this could be a temporary setback. Value hunters take note.

5 months โ†“ -14.00%

AU Small Finance navigates difficult waters with a 5-month decline (778.00 โ†’ 669.10), down 14.0%. Weak margins on 28.5B revenue with only 5.0B profit (17.6% margin) in Qtr ending Mar 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

12 months โ†‘ 224.61%

Newgen Software continues its remarkable run with a 12-month winning streak (173.40 โ†’ 562.88), delivering 224.6% gains. The financials tell a compelling story: 4.3B revenue generating 1.1B net profit (25.2% margin) demonstrates exceptional profit margins as of Qtr ending Mar 2025.

8 months โ†‘ 155.64%

Chennai Petroleum maintains strong momentum with a 8-month winning streak (225.00 โ†’ 575.20), delivering 155.6% gains. With 172.5B revenue generating only 4.7B profit (2.7% margin) in Qtr ending Mar 2025, the market prices in future margin expansion potential.

7 months โ†“ -13.00%

Brookfield India navigates difficult waters with a 7-month decline (280.00 โ†’ 243.59), down 13.0%. Weak margins on 6.2B revenue with only 715.6M profit (11.5% margin) in Qtr ending Mar 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

5 months โ†“ -25.91%

Borosil Renewables sees continued selling pressure through a 5-month decline (550.20 โ†’ 407.65), down 25.9%. Financial struggles compound the decline: despite 3.7B revenue, - 295.3M losses persist (-7.9% margin) as of Qtr ending Mar 2025. Until profitability improves, caution remains warranted.

11 months โ†‘ 2,505.59%

Jhaveri Credits continues its remarkable run with a 11-month winning streak (6.44 โ†’ 167.80), delivering 2,505.6% gains. Despite 50.3M in revenue and - 9.8M loss (-19.5% margin) as of Qtr ending Mar 2025, the market sees potential beyond current profitability. This momentum suggests confidence in future execution.

10 months โ†‘ 154.08%

Ice Make is on fire with an unstoppable a 10-month winning streak (256.95 โ†’ 652.85), delivering 154.1% gains. With 1.8B revenue generating only 116.6M profit (6.5% margin) in Qtr ending Mar 2025, the market prices in future margin expansion potential.

6 months โ†“ -59.73%

ANKIN faces significant headwinds with 6 consecutive negative months, down 59.73%.

6 months โ†“ -44.88%

B-Right Real Estate navigates difficult waters with a 6-month decline (200.00 โ†’ 110.25), down 44.9%. Weak margins on 3.6M revenue with only 4.8M profit (132.0% margin) in Qtr ending Mar 2022 validate market skepticism. Structural improvements needed before sentiment shifts.

India Market Monthly Gainers & Losers: October 2023

Top India Stock Gainers (October 2023)

Stock Month Open Month Close Monthly Change Avg Daily Volume Month Volume
โ‚น433.33 โ‚น621.00 43.53% 6.3M 138.6M
โ‚น143.00 โ‚น169.55 42.48% 14.0M 308.0M
โ‚น1,847.00 โ‚น2,581.95 39.52% 1.2M 27.2M
โ‚น201.90 โ‚น269.90 34.21% 14.0M 307.1M
โ‚น602.00 โ‚น765.70 27.07% 1.7M 36.8M
โ‚น3.59 โ‚น7.18 109.94% 1.0K 22.8K
โ‚น129.70 โ‚น241.30 109.92% 741.2K 16.3M
โ‚น1,044.70 โ‚น1,839.60 76.09% 48.1K 1.1M
โ‚น59.00 โ‚น91.40 61.34% 6.9M 151.8M
โ‚น38.50 โ‚น54.97 40.84% 635.0K 14.0M
โ‚น32.39 โ‚น75.43 129.62% 3.7M 81.8M
โ‚น43.05 โ‚น73.37 78.95% 5.3K 116.8K
โ‚น56.30 โ‚น100.40 77.86% 31.1K 684.9K
โ‚น56.50 โ‚น100.25 76.19% 163.7K 3.6M
โ‚น37.70 โ‚น65.86 71.51% 0 0

Biggest India Stock Losers (October 2023)

Stock Month Open Month Close Monthly Change Avg Daily Volume Month Volume
โ‚น269.10 โ‚น219.65 -19.31% 2.8M 61.4M
โ‚น300.90 โ‚น245.35 -18.58% 4.4M 95.8M
โ‚น91.50 โ‚น75.25 -18.03% 18.0M 395.5M
โ‚น240.50 โ‚น199.60 -16.82% 3.4M 73.7M
โ‚น220.00 โ‚น179.80 -16.12% 1.4M 31.5M
โ‚น15,447.95 โ‚น2,908.95 -80.87% 11.8K 259.7K
โ‚น357.00 โ‚น263.00 -27.04% 630.2K 13.9M
โ‚น51.75 โ‚น40.15 -21.96% 7.8M 170.9M
โ‚น1,129.95 โ‚น896.55 -20.02% 593.0K 13.0M
โ‚น1,745.00 โ‚น1,407.80 -19.06% 196.0K 4.3M
โ‚น187.99 โ‚น155.10 -91.42% 133.7K 2.9M
โ‚น534.95 โ‚น48.60 -90.89% 465.8K 10.2M
โ‚น227.29 โ‚น22.50 -90.30% 23.9K 525.6K
โ‚น1,065.05 โ‚น227.65 -78.23% 215.2K 4.7M
โ‚น308.10 โ‚น75.50 -75.01% 49.3K 1.1M

Most Active India Stocks During October 2023

Stock Month Open Month Close Monthly Change Avg Daily Volume Monthly Volume
โ‚น11.75 โ‚น11.85 1.72% 215.4M 4.7B
โ‚น25.95 โ‚น30.60 18.60% 128.8M 2.8B
โ‚น10.25 โ‚น9.60 -6.34% 118.0M 2.6B
โ‚น17.25 โ‚น15.95 -7.54% 97.3M 2.1B
โ‚น39.00 โ‚น43.73 12.13% 70.7M 1.6B
โ‚น46.95 โ‚น39.30 -15.94% 65.7M 1.4B
โ‚น17.75 โ‚น19.10 7.61% 63.0M 1.4B
โ‚น11.90 โ‚น15.10 26.36% 53.9M 1.2B
โ‚น6.95 โ‚น7.15 3.62% 51.4M 1.1B
โ‚น20.50 โ‚น19.77 -2.47% 49.1M 1.1B
โ‚น2.64 โ‚น2.94 12.21% 44.8M 984.5M
โ‚น24.40 โ‚น21.70 -11.07% 40.0M 881.0M
โ‚น17.40 โ‚น17.65 1.15% 27.4M 603.4M
โ‚น26.30 โ‚น26.65 1.52% 23.3M 511.9M
โ‚น1.10 โ‚น0.95 -13.64% 22.3M 490.4M

India Sector Performance During October 2023

Industrials

3.30%
752 stocks
Top Performers by Market Cap:

Energy

3.01%
47 stocks
Top Performers by Market Cap:

Financial Services

2.34%
567 stocks
Top Performers by Market Cap:

Real Estate

1.94%
181 stocks
Top Performers by Market Cap:

Technology

1.80%
269 stocks
Top Performers by Market Cap:
Large Cap: ITI +34.21%
Mid Cap: INA +40.84%
Small Cap: NPST +59.60%

Consumer Cyclical

1.07%
791 stocks
Top Performers by Market Cap:

Basic Materials

0.65%
593 stocks
Top Performers by Market Cap:

Communication Services

0.30%
122 stocks
Top Performers by Market Cap:

Consumer Defensive

-0.11%
320 stocks
Top Performers by Market Cap:

Utilities

-1.78%
46 stocks
Top Performers by Market Cap:

Healthcare

-1.87%
249 stocks
Top Performers by Market Cap:

Data is updated regularly. Monthly performance is calculated based on closing prices.