Stock Market Winners! These 10 Large-Cap Companies Soared Last Week
The stock market saw strong momentum last week, with several large-cap stocks posting impressive gains. From energy and defense to tech giants, these companies outperformed, giving investors plenty to watch as markets continue to shift. Here’s a look at the top 10 large-cap gainers and what drove their growth.
Power Grid Corporation of India (POWERGRID) – Up 3.85%
One of India’s leading power transmission companies, Power Grid Corporation saw its stock climb to ₹274.25, as investors reacted positively to strong earnings and new infrastructure projects. The company remains a key player in India’s energy sector, fueling optimism for further growth.
Hindustan Unilever (HINDUNILVR) – Up 2.55%
The consumer goods giant saw a solid rally last week, with shares hitting ₹2,261.75. With strong demand for household and personal care products, Hindustan Unilever continues to attract investors looking for stability in a volatile market.
Hindalco Industries (HINDALCO) – Up 2.31%
The global metals and mining sector is gaining momentum, and Hindalco is no exception. Rising commodity prices helped push the stock to ₹709.30, reflecting strong demand for aluminum and copper.
JSW Steel (JSWSTEEL) – Up 1.88%
Another steel industry leader, JSW Steel saw its shares rise to ₹1,032.75, as global infrastructure spending and demand for raw materials continue to drive the steel sector forward.
Adani Ports and Special Economic Zone (ADANIPORTS) – Up 1.80%
Adani Ports, a major player in India’s shipping and logistics sector, gained 1.80% last week, reaching ₹1,168.65. Strong earnings and increased global trade activity have helped push this stock higher.
BAE Systems (BA.L) – Up 2.2%
Defense stocks had a strong week, with BAE Systems climbing on news of increased UK defense spending. As global military budgets rise, investors continue to favor defense contractors.
Melrose Industries (MRO.L) – Up 2.0%
Melrose Industries was another strong performer, helping boost the FTSE 100 index. The company, known for turning around underperforming businesses, saw an uptick as investors bet on its restructuring success.
Rolls-Royce Holdings (RR.L) – Up 1.9%
The iconic British engineering company had a strong week, benefiting from increased demand for its aerospace and defense technologies.
Tesla (TSLA) – Strong Rebound
After facing volatility in recent months, Tesla saw a strong bounce-back last week, contributing to the Nasdaq rally. Investors remain focused on EV demand, production growth, and AI-driven automation within the company.
NVIDIA (NVDA) – Market Leader in AI and Chips
NVIDIA was another top performer, helping drive the broader tech sector. As AI adoption accelerates, NVIDIA continues to dominate the semiconductor industry, making it a key stock to watch.
What’s Next?
With market momentum shifting quickly, these stocks have shown strong performance amid economic uncertainty. Investors will be watching for earnings reports, sector trends, and macroeconomic factors to see if these stocks continue their upward trajectory or face pullbacks in the coming weeks.
