India Market Monthly Performance for January 2024

Monthly Gainers
3,032
Monthly Losers
1,236
Average Return
14.06%
Total Stocks
4,519
View Detailed Market Cap Breakdown
Market CapMonthly GainersMonthly LosersAverage ReturnTotal Stocks
Large Cap 212 111 6.02% 324
Mid Cap 277 111 9.06% 389
Small Cap 1,256 483 11.81% 1,778

Monthly Streak Leaders for January 2024

Stock Streak Streak Return
14 months 288.78%

Kaynes Technology continues its remarkable run with a 14-month winning streak (728.25 → 2,831.30), delivering 288.8% 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.

11 months 334.90%

Rec dominates the market with an impressive a 11-month winning streak (114.75 → 499.05), delivering 334.9% 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.

3 months -7.26%

Linde India pulls back after a 3-month decline (6,030.00 → 5,592.30), down 7.3%. Weak margins on 5.9B revenue with only 1.2B profit (20.0% margin) in Qtr ending Mar 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

2 months -20.03%

Metro Brands consolidates with a 2-month decline (1,371.00 → 1,096.40), down 20.0%. However, fundamentals remain robust: 6.4B revenue generating 953.4M profit (14.8% margin) as of Qtr ending Mar 2025 suggests this could be a temporary setback. Value hunters take note.

15 months 390.08%

Newgen Software continues its remarkable run with a 15-month winning streak (173.40 → 849.80), delivering 390.1% 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.

11 months 279.56%

Chennai Petroleum continues its remarkable run with a 11-month winning streak (225.00 → 854.00), delivering 279.6% 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.

5 months -28.79%

Jindal Worldwide navigates difficult waters with a 5-month decline (78.35 → 55.79), down 28.8%. Weak margins on 6.1B revenue with only 220.2M profit (3.6% margin) in Qtr ending Mar 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

5 months -19.35%

V.I.P. Industries sees continued selling pressure through a 5-month decline (667.90 → 538.65), down 19.4%. Financial struggles compound the decline: despite 4.9B revenue, - 273.6M losses persist (-5.5% margin) as of Qtr ending Mar 2025. Until profitability improves, caution remains warranted.

14 months 6,403.11%

Jhaveri Credits is on fire with an unstoppable a 14-month winning streak (6.44 → 418.80), delivering 6,403.1% 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 523.61%

Bhudevi Infra continues its remarkable run with a 11-month winning streak (4.15 → 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.

7 months -73.66%

Raj Rayon Industries encounters challenges with a 7-month decline (69.85 → 18.40), down 73.7%. Weak margins on 2.1B revenue with only 134.4M profit (6.5% margin) in Qtr ending Mar 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

6 months -33.43%

Medicamen Biotech encounters challenges with a 6-month decline (811.15 → 539.95), down 33.4%. Weak margins on 296.1M revenue with only 18.6M profit (6.3% margin) in Qtr ending Mar 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

India Market Monthly Gainers & Losers: January 2024

Top India Stock Gainers (January 2024)

StockMonth OpenMonth CloseMonthly ChangeAvg Daily VolumeMonth Volume
₹103.35 ₹181.80 76.85% 62.26M 1.37B
₹100.00 ₹175.15 76.30% 162.05M 3.57B
₹181.90 ₹308.25 69.79% 49.49M 1.09B
₹41.55 ₹66.10 59.09% 55.88M 1.23B
₹54.63 ₹86.30 58.73% 96.02M 2.11B
₹29.30 ₹61.05 109.43% 51.81M 1.14B
₹420.00 ₹737.70 77.10% 512.64K 11.28M
₹21.50 ₹35.10 63.26% 111.71M 2.46B
₹78.90 ₹122.52 62.24% 232.05K 5.11M
₹28.50 ₹45.70 59.79% 66.92M 1.47B
₹222.70 ₹608.75 183.27% - -
₹7.00 ₹16.35 144.03% 12.60M 277.13M
₹85.05 ₹194.82 140.52% - -
₹8.07 ₹18.25 135.48% 200.18K 4.40M
₹14.90 ₹34.45 134.35% 38.96M 857.02M

Biggest India Stock Losers (January 2024)

StockMonth OpenMonth CloseMonthly ChangeAvg Daily VolumeMonth Volume
₹310.21 ₹447.10 -63.97% 2.12M 46.55M
₹5,500.00 ₹4,343.15 -20.82% 2.42M 53.23M
₹790.90 ₹636.60 -19.15% 3.72M 81.82M
₹237.36 ₹193.07 -18.66% 504.63K 11.10M
₹1,251.65 ₹1,049.90 -16.12% 358.80K 7.89M
₹151.60 ₹152.32 -79.87% 1.69M 37.16M
₹275.10 ₹173.10 -36.99% 48.56M 1.07B
₹1,277.45 ₹1,003.50 -20.85% 369.37K 8.13M
₹5,406.25 ₹4,376.30 -19.05% 45.10K 992.22K
₹1,090.60 ₹931.75 -15.00% 228.60K 5.03M
₹360.01 ₹37.35 -89.65% 7.53K 165.68K
₹150.00 ₹45.10 -69.34% 16.76K 368.66K
₹48.00 ₹26.86 -42.61% 1.09M 23.99M
₹27.93 ₹16.50 -41.11% 10.90M 239.79M
₹35.20 ₹21.50 -38.40% 1.80M 39.68M

Most Active India Stocks During January 2024

StockMonth OpenMonth CloseMonthly ChangeAvg Daily VolumeMonthly Volume
₹16.20 ₹14.35 -10.31% 420.61M 9.25B
₹21.50 ₹24.10 12.35% 360.80M 7.94B
₹100.00 ₹175.15 76.30% 162.05M 3.57B
₹23.50 ₹29.80 27.90% 151.63M 3.34B
₹14.00 ₹18.55 32.97% 130.38M 2.87B
₹21.50 ₹35.10 63.26% 111.71M 2.46B
₹20.27 ₹23.58 16.91% 110.50M 2.43B
₹54.63 ₹86.30 58.73% 96.02M 2.11B
₹18.40 ₹19.85 8.47% 83.99M 1.85B
₹4.77 ₹5.52 18.20% 82.12M 1.81B
₹1.30 ₹1.85 42.31% 76.24M 1.68B
₹9.10 ₹11.00 22.22% 76.09M 1.67B
₹36.70 ₹47.60 31.13% 73.93M 1.63B
₹4.95 ₹7.15 44.44% 67.64M 1.49B
₹19.00 ₹30.15 59.10% 50.12M 1.10B

India Sector Performance During January 2024

Communication Services

106.67%
123 stocks
Top Performers by Market Cap:

Utilities

23.48%
47 stocks
Top Performers by Market Cap:

Real Estate

17.87%
182 stocks
Top Performers by Market Cap:

Financial Services

15.26%
578 stocks
Top Performers by Market Cap:

Energy

14.22%
48 stocks
Top Performers by Market Cap:

Technology

11.97%
276 stocks
Top Performers by Market Cap:

Industrials

11.73%
771 stocks
Top Performers by Market Cap:

Basic Materials

11.04%
600 stocks
Top Performers by Market Cap:

Consumer Cyclical

9.31%
800 stocks
Top Performers by Market Cap:

Consumer Defensive

9.29%
326 stocks
Top Performers by Market Cap:

Healthcare

7.69%
254 stocks
Top Performers by Market Cap:

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