The stock market saw a bearish May, with the Sensex and Nifty 50 breaking their three-month gaining streak to end May bearish. However, in the middle of the volatility, we have several stocks that emerged as the top gainers for the week and month ending 31st May.
As evidenced by the Tradingview chart, Nifty 50 opened May at 22,567 and closed its monthly and weekly candlestick on Friday at 22,530, having recorded a monthly high as well as a 52-week high of 23,110.
Nifty 50 Index: TradingView
Sensex on the other hand, opened the month of May at 74,391 and recorded a 52-week high and monthly high of 76,009 to close at 73,961. That was 521 drop of points or a 0.70% monthly drop.
Let us check out the top 10 weekly gainers performance.
Ujjas Energy was the best gainer for the week, with its last traded price of Rs 161.0. On Friday, the stock gained by Rs 117 pts and in entire May it saw 324% increase.
Galaxy Cloud Kitchen with LTP of Rs 30.9, witnessed increase of Rs 1.47 which was 5% on Friday. The stock has shown 82.8% weekly gain, indicating a strong upward trajectory and over the entire may, it has recorded a 103.2% surge, firm in its place among the top performers.
Jyotirgamya Enterprises ended the day at Rs 66.5 and saw 3.16 pts gain which is a 5.0% increase. It delivered a 65.4% weekly gain and it has maintained a consistent 65.4% monthly gain, proving its ability to sustain growth.
Krishna Defence and Allied Industries ended the day at Rs 676, a decline of 62.75 ptsor a 8.5% drop. Despite recording such loss, it registered a 48.6% weekly gain. In May, Defence recorded 59.1% increase.
PMC Fincorp Ltd ended the day at Rs 4.3 which was a decline of 4.8%. However, the stock delivered 44.8% weekly gain, showing its potential for growth. In may, it recorded a 53% increase, strengthening its position in the market.
Ameya Precision Engineering Ltd ended friday trading at price of Rs 83.7, which was a surge of 11.70 pts or a 16.3% for the day. The stock recorded 40.6% weekly gain, continuing its uptrend. In May, Ameya witnessed a 57.9% increase.
Odyssey Technologies Ltd closed trading at Rs 152 witnessing a decline of Rs 5.87 or 3.7% drop. Despite this drop, it managed to deliver 39.4% weekly gain. Over the last month, it recorded a 93.7% increase, also fighting for its position as a market leader.
Bhagwati Autocast ended the day at Rs 534, seeing a gain of Rs 54 which is a 11.3% surge and showing its ability in the market. The stock delivered 34.4% weekly gain while in May it witnessed a 21.7% increase.
Excel Realty N Infra ended its trading day at Rs 0.8 and remained unchanged with no price movement recorded. However it delivered 33.3% weekly gain, showing its potential for growth. Entire of May, it recorded 60% increase, further fighting for a strong position in the market.
ICE Make Refrigeration ended the day with an LTP of Rs 688.1 witnessing a decline of 27.25 pts or 3.8% declime. Despite the drop, it registered a 31.2% weekly gain, an overall bullish trend.In May it recorded 34.0% increase, solidifying its position as a strong performer.
Also, check out our last article on the top 10 stocks that have the potential to record new highs in June 2024.
