India: Monthly Stock Market Performance Insight - December 2023

Monthly Gainers
2,782
Monthly Losers
1,422
Average Return
7.40%
Total Stocks
4,362
View Detailed Market Cap Breakdown
Market Cap Monthly Gainers Monthly Losers Average Return Total Stocks
Large Cap 276 46 8.74% 323
Mid Cap 250 132 6.31% 390
Small Cap 1,091 631 6.98% 1,760

Monthly Streak Leaders for December 2023

Stock Streak Streak Return
13 months โ†‘ 258.47%

Kaynes Technology continues its remarkable run with a 13-month winning streak (728.25 โ†’ 2,610.55), delivering 258.5% 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.

10 months โ†‘ 259.78%

Rec continues its remarkable run with a 10-month winning streak (114.75 โ†’ 412.85), delivering 259.8% 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†“ -15.58%

Aditya Birla Capital sees continued selling pressure through a 6-month decline (197.10 โ†’ 166.40), down 15.6%. Weak margins on 118.4B revenue with only 8.9B profit (7.5% margin) in Qtr ending Mar 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

5 months โ†“ -17.22%

Star Health navigates difficult waters with a 5-month decline (646.00 โ†’ 534.75), down 17.2%. Weak margins on 40.8B revenue with only 5.3M profit (0.0% margin) in Qtr ending Mar 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

14 months โ†‘ 350.47%

Newgen Software dominates the market with an impressive a 14-month winning streak (173.40 โ†’ 781.12), delivering 350.5% 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.

10 months โ†‘ 209.33%

Chennai Petroleum continues its remarkable run with a 10-month winning streak (225.00 โ†’ 696.00), delivering 209.3% 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.

9 months โ†“ -16.16%

Brookfield India struggles to find footing after a 9-month decline (280.00 โ†’ 234.74), down 16.2%. 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.

6 months โ†“ -22.79%

Bajaj Electricals sees continued selling pressure through a 6-month decline (1,280.00 โ†’ 988.30), down 22.8%. Weak margins on 12.6B revenue with only 590.5M profit (4.7% margin) in Qtr ending Mar 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

13 months โ†‘ 4,313.04%

Jhaveri Credits is on fire with an unstoppable a 13-month winning streak (6.44 โ†’ 284.20), delivering 4,313.0% 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.

11 months โ†‘ 523.61%

Bhudevi Infra continues its remarkable run with a 11-month winning streak (4.15 โ†’ 25.88), delivering 523.6% gains. Despite 5.9M in revenue and - 1.1M loss (-19.1% margin) as of Qtr ending Mar 2025, the market sees potential beyond current profitability. This momentum suggests confidence in future execution.

8 months โ†“ -34.12%

Samrat Pharmachem struggles to find footing after a 8-month decline (528.50 โ†’ 348.20), down 34.1%. Financial struggles compound the decline: despite 712.0M revenue, - 4.0M losses persist (-0.6% margin) as of Qtr ending Mar 2025. Until profitability improves, caution remains warranted.

7 months โ†“ -21.42%

Ester Industries encounters challenges with a 7-month decline (113.00 โ†’ 88.80), down 21.4%. Weak margins on 3.2B revenue with only 19.6M profit (0.6% margin) in Qtr ending Mar 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

India Market Monthly Gainers & Losers: December 2023

Top India Stock Gainers (December 2023)

Stock Month Open Month Close Monthly Change Avg Daily Volume Month Volume
โ‚น70.54 โ‚น124.94 78.18% 14.3M 315.2M
โ‚น175.30 โ‚น273.65 58.13% 23.8M 524.4M
โ‚น67.00 โ‚น102.80 57.43% 103.1M 2.3B
โ‚น1,042.00 โ‚น1,597.00 55.23% 4.0M 87.5M
โ‚น172.40 โ‚น253.45 48.78% 7.8M 170.5M
โ‚น120.35 โ‚น229.20 99.95% 75 1.7K
โ‚น260.00 โ‚น484.21 87.67% 986.5K 21.7M
โ‚น97.00 โ‚น179.80 86.61% 1.1M 24.5M
โ‚น2.81 โ‚น4.67 66.19% 164.3M 3.6B
โ‚น253.30 โ‚น388.52 55.53% 1.6M 35.9M
โ‚น27.39 โ‚น68.94 161.73% 0 0
โ‚น2.12 โ‚น5.29 144.91% 1.6M 34.5M
โ‚น25.73 โ‚น50.19 104.86% 104.1K 2.3M
โ‚น30.05 โ‚น60.30 100.33% 2.2M 47.5M
โ‚น2.30 โ‚น4.25 93.18% 5.4M 118.4M

Biggest India Stock Losers (December 2023)

Stock Month Open Month Close Monthly Change Avg Daily Volume Month Volume
โ‚น875.85 โ‚น635.45 -27.45% 7.4M 162.9M
โ‚น261.90 โ‚น210.35 -17.57% 2.3M 50.4M
โ‚น833.33 โ‚น740.40 -10.33% 2.6M 56.9M
โ‚น1,339.30 โ‚น1,180.15 -10.12% 3.4M 73.7M
โ‚น1,700.00 โ‚น1,536.80 -8.94% 664.0K 14.6M
โ‚น980.40 โ‚น825.90 -15.76% 268.2K 5.9M
โ‚น968.05 โ‚น827.90 -15.00% 0 0
โ‚น644.55 โ‚น556.00 -13.74% 2.0M 43.7M
โ‚น964.20 โ‚น826.10 -13.66% 151.8K 3.3M
โ‚น474.00 โ‚น410.45 -13.23% 5.0M 109.7M
โ‚น60.13 โ‚น2.68 -95.45% 0 0
โ‚น655.20 โ‚น84.00 -87.07% 506.1K 11.1M
โ‚น3,205.10 โ‚น1,204.15 -61.68% 2.9K 64.0K
โ‚น179.00 โ‚น155.05 -56.36% 0 0
โ‚น74.00 โ‚น46.80 -35.89% 513.4K 11.3M

Most Active India Stocks During December 2023

Stock Month Open Month Close Monthly Change Avg Daily Volume Monthly Volume
โ‚น13.30 โ‚น16.00 22.61% 314.1M 6.9B
โ‚น19.45 โ‚น21.45 10.85% 253.6M 5.6B
โ‚น2.81 โ‚น4.67 66.19% 164.3M 3.6B
โ‚น74.95 โ‚น99.35 33.09% 136.6M 3.0B
โ‚น21.20 โ‚น23.30 10.17% 127.0M 2.8B
โ‚น67.00 โ‚น102.80 57.43% 103.1M 2.3B
โ‚น13.15 โ‚น13.95 6.49% 83.7M 1.8B
โ‚น1.05 โ‚น1.30 23.81% 65.5M 1.4B
โ‚น9.00 โ‚น9.00 1.12% 49.7M 1.1B
โ‚น18.90 โ‚น18.30 -2.40% 47.4M 1.0B
โ‚น20.10 โ‚น21.50 7.50% 43.5M 957.8M
โ‚น2.95 โ‚น4.15 40.68% 42.9M 943.5M
โ‚น25.40 โ‚น29.15 14.76% 40.8M 898.1M
โ‚น3.40 โ‚น3.50 5.11% 40.1M 881.8M
โ‚น19.25 โ‚น20.17 5.33% 31.5M 692.1M

India Sector Performance During December 2023

Utilities

13.94%
47 stocks
Top Performers by Market Cap:

Communication Services

10.12%
122 stocks
Top Performers by Market Cap:

Basic Materials

9.45%
596 stocks
Top Performers by Market Cap:

Technology

9.44%
271 stocks
Top Performers by Market Cap:

Energy

9.34%
48 stocks
Top Performers by Market Cap:

Financial Services

8.40%
573 stocks
Top Performers by Market Cap:

Real Estate

7.65%
181 stocks
Top Performers by Market Cap:

Industrials

7.42%
757 stocks
Top Performers by Market Cap:

Healthcare

6.75%
252 stocks
Top Performers by Market Cap:

Consumer Cyclical

5.92%
797 stocks
Top Performers by Market Cap:

Consumer Defensive

3.81%
322 stocks
Top Performers by Market Cap:

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