As the year comes to an end, the Sensex and Nifty have factored in various developments and are down 1.35 percent and 0.63 percent, respectively. The stock market saw more pain in thesecond half of 2016 on demonetisation by the Modi government and developmentsin the US.We look at how the 30 Sensexstocks fared during the year.
Sun Pharmaceutical Industries, whose business segments include US Business, Indian branded generics business, emerging markets, global consumer healthcare business and active pharmaceutical ingredients (API) fell 23.47 percent or 191.2 points in 2016. It closed at Rs 623 level on December 23, 2016. This is the worst performance of the stock since the firm was listed on bourses in 1994. The Sun Pharma stock has trailed Sensex for the first time in seven years due to regulatory issues at its manufacturing units.
The Maruti Suzuki stock rose 12.6 percent or 583 points to Rs 5,193 till December 23, 2016.
Brokerage Right Horizons has given a buy call on the stock with a target price of Rs 6,500 for a period of one year. The company is engaged in the manufacture, purchase and sale of motor vehicles, components and spare parts (automobiles). The Company's product portfolio includes Alto 800, Alto K10, Wagon R, Celerio, Ritz, Swift, DZire, Ertiga, Omni, Eeco, Gypsy and Ciaz. It has approximately five plants, located in Palam Gurgaon Road, Gurgaon, Haryana, and at Manesar Industrial Town, Gurgaon, Haryana, with an installed capacity of over 1.5 million vehicles per year.
The Bajaj Auto stock rose 4.07 per cent or 102 points higher to Rs 2,627 till December 23, 2016.
The Pune-based manufacturer of motorcycles, three-wheelers and parts was in news of late for the launch of its 400 cc motorcycle Dominar. The company's business segments include automotive, investments and others. Its vehicles include two-wheelers and commercial vehicles. The two-wheelers include Bajaj V, Bajaj V Avenger, Avenger Cruise 220, Pulsar RS 200, Pulsar FOS, Pulsar 200 NS, Pulsar 220, Pulsar 180, Pulsar 150, Pulsar 135 LS Discover, New Discover 125, New Discover 150S, New Discover 150F, Platina 100, Platina 100 ES, CT 100, CT 100 Ninja, Ninja 650R and Ninja 300. Its products also include CT 100B, Boxer BM150X, Avenger 220 Cruise, Avenger 220 Street, Avenger 150 Street, Pulsar AS 150 and Maxima-Cargo. Reliance Securities has given a buy call on the stock with a target price of Rs 2,996 . Time period given by the brokerage is medium term.
The GAIL India stock rose 18.09 per cent or 66.65 points to Rs 431.60 till December 23, 2016. The firm is an integrated energy company in the hydrocarbon sector. The company is engaged in gas marketing.
The Larsen and Toubro stock rose 3.65 percent or 47 points to Rs 1,336.95 level till December 23, 2016. L&T is a technology, engineering, construction, manufacturing and financial services company. The company's segments include infrastructure, power, metallurgical and material handling, heavy engineering, electrical and automation, hydrocarbon, IT and technology services, financial services, developmental projects and others, which include realty and shipbuilding.
The stock of India's leading private sector lender HDFC Bank rose 9.58 percent or 103 points to 1186 level till December 23, 2016. The bank offers a range of banking services covering commercial and investment banking on the wholesale side and transactional and branch banking on the retail side. It also offers financial services. The bank's segments include treasury, retail banking, wholesale banking and other banking business.
The Hero MotoCorp stock rose 13.33 percent or 357.45 points to 3,039 level till December 23, 2016.
The firm is a two-wheeler manufacturer. It manufactures and sells motorized two wheelers up to 350 cubic centimeters (cc) engine capacity, spare parts and related services. Its products include Karizma ZMR, Karizma, Xtreme Sports, Xtreme, Hunk, Impulse, Achiever, Ignitor, Glamour Programmed FI, Glamour, Super Splendor, Passion XPRO, iSmart 110, Passion PRO, Passion PRO TR, Splendor iSmart, Splendor PRO Classic, Splendor PRO, Splendor plus, HF Deluxe ECO, HF Deluxe, HF Dawn, Duet, Maestro Edge, Maestro and Pleasure. Its manufacturing plants are located in Dharuhera, Haryana; Gurgaon, Haryana; Haridwar, Uttarakhand; Neemrana, Rajasthan, and Villa Rica, Colombia. Its research and development centre is located in Jaipur, Rajasthan.
The stock of country's leading telco Bharti Airtel fell 13 percent or 44 points to Rs 295.50 till December 23, 2016. The firm provides wireless telecommunications activities and wired telecommunications activities. It operates through three segments: mobile services, including voice and data telecom services provided through wireless technology in India (second generation (2G), third generation (3G) and fourth generation (4G)) and also intra city fiber networks; Telemedia Services, including voice and data telecommunication services provided through fixed line network and broadband technology, and Airtel Business, which includes end-to-end telecom solutions for various telecommunication needs across data and voice (domestic, as well as international long distance), network integration and managed services.
The HDFC stock was down 2.47 percent or 31 points to Rs 1225 till December 23, 2016. The lender is engaged in financing by way of loans for the purchase or construction of residential houses, commercial real estate and certain other purposes, in India. The company's segments include loans, life insurance, general insurance, asset management and others. It offers insurance products, such as motor, health, travel, home and personal accident in the retail division, and customized products, such as property, marine, aviation and liability insurance in the corporate division. It also provides portfolio management, mutual fund, property investment management, project management, investment consultancy and property related services. Its subsidiaries include HDFC Developers, HDFC Investments, HDFC Trustee Co and HDFC Asset Management, among others. IDFC Securities has given an outperform call on the stock with a time period of one year. It has set a price target of Rs 1470. IDFC sees a steady set of earnings and good asset quality to continue going forward.
The NTPC stock rose 11.07 percent or 16 points to Rs 161 level till December 23, 2016. The firm is engaged in the generation and sale of electricity. The principal business activity of the Company is the electric power generation by coal-based thermal power plant. The Company's business segments include Generation and Others. The Company's Other business includes providing consultancy, project management and supervision, re-gasification, oil and gas exploration and coal mining. The Company's subsidiaries include NTPC Electric Supply Company Limited, NTPC Vidyut Vyapar Nigam Limited, Kanti Bijlee Utpadan Nigam Limited, Bhartiya Rail Bijlee Company Limited and Patratu Vidyut Utpadan Nigam Ltd.
The Asian Paints stock fell 0.62 percent or 5.5 points to 873 level till December 23, 2016. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home decor, bath fittings and providing of related services. It operates in over 20 countries and has over 30 manufacturing facilities, servicing consumers in over 65 countries.
The Infosys stock fell 10.12 percent or 111.65 points to Rs 989.30 till December 23, 2016. The firm is engaged in consulting, technology, outsourcing and next-generation services.
The Reliance Industries stock rose 4.36 percent or 44.15 points to 1058 level till December 23, 2016.
The conglomerate is engaged in refining, including manufacturing of refined petroleum products, and petrochemicals, including manufacturing of basic chemicals, fertilizers and nitrogen compounds, plastic and synthetic rubber in primary forms. The company's segments include refining, petrochemicals, oil and gas, organized retail and others. The other segments include textile, Special Economic Zone (SEZ) development, telecom or broadband business and media.
Power Grid Corp rose 29.45 percent or 41.4 points to Rs 182 level. It is a transmission company engaged in the power transmission business with responsibility for planning, implementation, operation and maintenance of Inter-State Transmission System and operation of National and Regional Load Dispatch Centers. The company's segments include transmission, telecom and consultancy. The transmission segment includes extra high voltage/high voltage (EHV/HV) networks and grid management. It also owns EHV alternating current (AC) and HV direct current (HVDC) sub-stations. The Consultancy segment includes planning, design, engineering, load dispatch, procurement management, operation and maintenance, financing and project management.
The HUL stock fell 7.58 percent or 65 points to 790 level. Hindustan Unilever Limited (HUL) is engaged in fast-moving consumer goods business comprising home and personal care, foods and refreshments.
The Coal India stock fell 13.51 percent or 45 points to Rs 288 level. Goldman Sachs has given a buy call on the stock with a target price of Rs 360. The time period given by the firm is one year. The company is a world's largest coal miner, which is engaged in the production and sale of coal. The Company offers products, including Coking Coal, Semi Coking Coal, Non-Coking Coal, Washed and Beneficiated Coal, Middlings, Rejects, Coal Fines/Coke Fines, and Tar/Heavy Oil/Light Oil/Soft Pitch.
The SBI stock rose 9.56 percent or 21.75 points to 249 level till December 23, 2016. The largest state lender provides a range of products and services to personal, commercial enterprises, large corporates, public bodies and institutional customers.
The Lupin stock fell 21.67 percent or 400 points to Rs 1445 level till December 23, 2016. Lupin is a pharmaceutical company. The firm is engaged in producing, developing and marketing a range of branded and generic formulations, biotechnology products and active pharmaceutical ingredients (APIs) across the world. Its products include Antara, Methergine, Methylphenidate, Glumetza, Gluconorm, Tonact, Rcinex and Ramistar, among others.
The Adani Ports and SEZ stock fell just 1.7 percent or 4.55 points to 262.95 points till December 23, 2016. Adani Ports and SEZ is an India-based port infrastructure company. The company is engaged in the business of developing, operating and maintaining the Port and Port-based related infrastructure facilities, including Multi product Special Economic Zone (SEZ). Its segments include Port and SEZ Activities, and Others.
The Tata Steel stock rose 51.28 percent or 132 points to 390 level till December 23, 2016. Tata Steel is a diversified steel producer. The company is engaged in the business of steel making, including raw material and finishing operations. The Company's segments are Steel and Others. Its operations predominantly relate to manufacture of steel.
The ICICI Bank stock fell 4.03 percent or 10.6 points to 251.95 level till December 23, 2016. The private sector bank is engaged in providing a range of banking and financial services, including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products and services. The Bank's business segments are Retail banking, Wholesale banking, Treasury, Other banking, Life insurance, General insurance and Others. It has a network of approximately 18,210 branches and automated teller machines (ATMs).
The Dr Reddy's stock fell 3.77 percent or 117 points to Rs 30,003.25 level. The pharma company is engaged in providing medicines. The company operates in three segments: Global Generics, Pharmaceutical Services and Active Ingredients (PSAI), and Proprietary Products.
The Wipro stock fell 16.87 percent or 93.75 points to Rs 458.95. Wipro is a global information technology (IT) services provider. It operates through two segments: IT Services and IT Products.
The Tata Motors stock rose 16.37 percent or 65.8 points to 466.15 level. The company is engaged in manufacture of motor vehicles. The Company is engaged mainly in the business of automobile products consisting of all types of commercial and passenger vehicles, including financing of the vehicles sold by the Company. The Company's segments include automotive operations and all other operations.
The TCS stock rose 5.14 percent or 124 points to 2290 level. TCS is engaged in providing information technology (IT) services, digital and business solutions. The company's segments include banking, finance and insurance services (BFSI); manufacturing; retail and consumer packaged goods (CPG); telecom, media and entertainment, and others, such as energy, resources and utilities, hi-tech, life science and healthcare, s-Governance, travel, transportation and hospitality, and other products.
The Mahindra and Mahindra stock fell 6.78 percent or 85.3 points to 1171.75 points. Bank of America Merrill Lynch has given a buy call on the stock with a target price of Rs 1400 . Time period is Medium Term when Mahindra & Mahindra Ltd. price can reach defined target.
The ITC stock rose 2.8 percent or 6.12 points to 224.80 points till December 23, 2016. The firm is engaged in the marketing of fast moving consumer goods (FMGC). The company operates through four segments: FMCG; hotels; paperboards, paper and packaging, and agri business.
The ONGC stock rose 19.8 percent or 32 points to 193 level till December 23, 2016. The firm is a global energy holding company. It is engaged in the exploration, development and production of crude oil and natural gas. The company's segments include Exploration and Production, and Refining. The company's geographical segments include operations in two categories: In India, which includes Onshore and Offshore, and Outside India.
The Axis Bank stock fell 3.04 per cent or 13.7 points to 438 level till December 23, 2016. The bank provides a suite of corporate and retail banking products. Its segments include Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. Its other banking business includes para banking activities, such as third-party product distribution and other banking transactions.