MUMBAI, 18 MAY, 2023 (GPN): Benchmark indices pared gains and ended Thursday’s session in the red. “Markets traded volatile on the weekly expiry day and ended marginally lower. It is healthy consolidation so far however volatility across sectors is keeping traders on their toes. We feel it’s prudent to stay light and utilize this phase to gradually accumulate quality stocks from top-performing sectors viz. banking, financials, FMCG and auto,” Etc.

Let’s take a look at five top-performing stocks today, their gains, and the factors driving their success.

1. Poonawalla Fincorp:

Poonawalla Fincorp, the Pune-based NBFC led by Managing Director Abhay Bhutada, witnessed a remarkable 2.42% gain today. This surge further solidifies the company’s position in the market. Notably, Poonawalla Fincorp achieved a new high, with the share price reaching INR 342.90. Investors are impressed by the positive Q4 results, which underscore the company’s resilience and potential for future growth.

2. Delhivery:

The logistics and supply chain company, Delhivery experienced a noteworthy 1.73% gain today. Renowned for its cutting-edge solutions, Delhivery continues to transform the logistics landscape in India. Its shares soared to INR 371.5, reflecting the confidence investors have in the company’s ability to navigate complex challenges and sustain growth.

3. Max Healthcare:

Max Healthcare, a distinguished New Delhi-based hospital chain, recorded a significant 2.37% gain today. The company’s shares reached a peak of INR 535.45, bolstering investor sentiment. Max Healthcare’s unwavering commitment to providing exceptional healthcare services has garnered trust and contributed to its remarkable financial performance.

4. Oil India Limited:

Oil India Limited demonstrated a commendable 1.09% gain today, solidifying its position as a leading player in the petroleum industry. Its shares peaked at INR 274, reflecting the company’s resilience and adaptability in a dynamic market. With strategic initiatives and operational efficiency, Oil India Limited continues to thrive, attracting investor interest and consolidating its position.

5.Syngene International:

Syngene International, an integrated research, development, and manufacturing services company, achieved a respectable 0.89% gain today. The company’s shares reached INR 703, highlighting its status as a key player in the life sciences industry. Investors are drawn to Syngene International’s innovation-driven approach and strong collaborative partnerships, which position the company for future success.

Final Conclusion & Our Verdict:

These top-performing stocks have delivered impressive gains and unique qualities, making them stand out in their industries. Investors are closely monitoring their performance as they show promising potential for growth. Ends