Top Performing Large, Mid & Small Cap stocks for the November 2023

In November, the broader indices such as Nifty and S&P BSE Sensex experienced a robust rally, concluding the month with a strong bullish sentiment. Regarding Nifty, it commenced the month at 19,064, reaching an intraday high of 20,158 and a low of 18,973. Finally, it concluded the month at 20,133, marking a substantial increase of 1,053 points or a 5.52% rise from the previous month’s closing level. On the other hand, Sensex concluded the month with an impressive rally, surging by 4.87% or 3,113.51 points to reach 66,988. Additionally, Nifty reached a new all-time high of 20,269, surpassing the previous high of 20,222 registered in September 2023.

In this article, we will focus on examining companies whose stocks have surpassed other listed stocks in terms of performance over the last month. To ensure a comprehensive evaluation, we will select stocks from large, mid, and small-cap companies.

Large Cap Category 

In this section, Bharat Heavy Electricals Limited (BHEL), also known as BHEL, surpassed the other listed players in the large-cap category.

Bharat Heavy Electricals Ltd (BHEL) operates as an integrated manufacturer of power plant equipment involved in the design, engineering, manufacturing, erection, testing, commissioning, and servicing of an extensive array of products and services. These cater to various essential sectors of the economy, including Power, Transmission, Industry, Transportation, Renewable Energy, Oil and Gas, and Defence. As India’s primary engineering and manufacturing entity, BHEL is owned and governed by the Government of India.

Shifting the focus to stock performance, it began the month at Rs 121.65 per share on the BSE. Throughout the month, it reached an intraday high of Rs 176.50 and a low of Rs 120.75, ultimately concluding the month at Rs 170.45 per share. This impressive performance reflects a remarkable rally of 41% within the month.

Mid-Cap Category 

In this section, The New India Assurance Company surpassed the other listed players in the mid-cap category.

The New India Assurance Company Ltd stands as India’s foremost non-life insurance firm, with approximately 85.44% ownership held by the Government of India. Founded in 1919 by Sir Dorabji Tata, it underwent nationalization in 1973. Following nationalization, it became one of the four subsidiaries of the General Insurance Company of India (GIC). However, it gained independence after GIC transitioned into a re-insurance company in 1999.

Recapping the stock performance, it began the month at Rs 139.85 per share on the BSE. Throughout the month, it reached an intraday high of Rs 254.85 and a low of Rs 135.05, ultimately concluding the month at Rs 254.85 per share. This impressive performance reflects a remarkable rally of 83.7% within the month.

Small-Cap Category 

In this section, Kesar India outshined other listed players in the small-cap category. For this category, we have added the criterion of profitability, and we have excluded companies that are making losses.

Kesar Lands Limited operates within the real estate sector, focusing on developing residential and commercial projects along with constructing industrial buildings, factory facilities, workshop structures, and more. The company markets all its projects under the brand identity of “Kesar Lands.” The company was incorporated in 2002.

About the performance, it began the month at Rs 561.95 per share on the BSE. Throughout the month, it reached an intraday high of Rs 1,423.80 and a low of Rs 560.75, ultimately concluding the month at Rs 1,423.80 per share. This impressive performance reflects a remarkable rally of 166% within the month.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.