Looking back at the last Samvat Year 2076, what were the top performers and the laggards in the Nifty index?

By now it is well known that the Nifty has given returns of around 11.3% during the Samvat 2076. However, what that does not reveal is that there is huge divergence among individual returns with companies giving returns ranging from +95% to as low as -49% in the year.

For Samvat 2076 it is not just the mid cap stocks but even a large number of Nifty stocks that have done extremely well. In fact, you may be surprised to know that a total of 10 Nifty stocks gave positive returns of more than 25% during the Samvat Year.

Out of these 10 stocks, there are 5 stocks gave returns of more than 50%. The top-5 stocks, are dominated by IT and pharma sector stocks with only one candidate from metals. IT and Pharma were the obvious winners with even the indexes giving over 40% in the year.

Hyderabad based Divi’s Labs gave 94.9% returns, Infosys gave 76.2%, Reddy Labs yielded 74.2% and Cipla earned 62.2%. The only company outside of pharma or IT in the top-5 was JSW Steel which have healthy returns of 57.7% on the back of a sharp revival in steel demand.

The heavyweight Reliance Industries gave 39.8% returns during Samvat 2076. Among the others Wipro gave 36.2% and Tata Steel yielded 34.6% returns in the year. Bharti Airtel also returned 25% returns during the Samvat 2076 as did TCS.

If you look at the index overall, a total of 30 stocks in Nifty gave positive returns and 20 gave negative returns in Samvat 2076. Among the worst performers in the Nifty index, ONGC lost 48% while IOCL and IndusInd lost over 40% each during the year gone by.