Top five NIFTY50 stocks, namely Adani Enterprises, Coal India, Adani Ports, Max Healthcare, and Tata Steel, have successfully outperformed the benchmark index in the last five trading sessions, with major support and momentum from equity investors in the market.
Data collected from the NSE website showed that the benchmark NIFTY 50 index has lost 1.75% in the last five market sessions, due to selling pressure among equities as crude oil prices hit a 15-week high above $100 per barrel, weak global market cues amid attacks in West Asia.
On Wednesday, NIFTY50 lost 0.71% or 168.45 points to touch an intraday low of 23,466.65 points, compared to 23,635.10 points at the previous stock market close, according to the exchange data.
As of 2:44 pm (IST), the benchmark index was down 0.63% at 23,486.15 points on September 9.
Here are five stocks outperforming NIFTY50
Adani Enterprises
NSE data showed that Adani Group’s flagship company, Adani Enterprises, shares have outperformed the benchmark NIFTY50 index, rising 7.2% higher in the last five trading sessions on NSE.
Adani Enterprises share price was trading more than 5% higher at ₹3,103 apiece on Wednesday’s market, in comparison to ₹2,953.10 apiece at the previous market, as per the exchange data.
Trading volumes surged by more than 5 million equity shares on NSE and BSE, triggering high-volume gains on September 9, as investors reacted to the latest fundraising update.
The company’s market capitalisation (m-cap) was at ₹4.20 lakh crore as of the trading session on Wednesday.
Latest filing on Wednesday showed that the company’s subsidiary, Adani Airport Holdings, entered into a binding agreement with a consortium of leading domestic and global investors to raise ₹9,825 crore or $1 billion to support modernisation and capacity expansion of airports across the country.
The consortium comprises Alpha Wave Global, Premji Invest, Temasek, and BlackRock managed funds, and the deal is in exchange for a 5.54% stake in Adani Airport Holdings to each investor.
Coal India
Coal India shares have risen 3.6% in the last five trading sessions on NSE, surpassing the benchmark NIFTY50 returns in the same period.
The exchange data also showed that Coal India shares were trading 3% higher at ₹432.70 apiece on Wednesday’s market, in comparison to ₹420.25 apiece at the previous equity market close.
Coal India’s market capitalisation (m-cap) was at over ₹2.66 lakh crore as of the trading session on September 9.
Equity market investors were adding to the momentum of the stock ever since Coal India’s subsidiary Mahanadi Coalfields Limited filed its draft red herring prospectus with the capital markets regulator earlier this month.
Mahanadi Coalfields’ IPO offer comprises an offer-for-sale (OFS) component of up to 661,836,300 equity shares having a face value of ₹2 per share, as Coal India sheds its stake via the potential public issue.
The PSU company’s stock also received major support from its business update earlier this month, which highlighted that Coal India increased its total coal supplies to 60.60 million tonnes (MT) in August FY 2026–27, registering a 5.50% growth over the 57.40 MT supplied during the corresponding month last year.
Adani Ports & SEZ
NSE data showed that Adani Ports & SEZ shares have gained 6.2% in the last five trading sessions, surpassing the returns delivered to the investors by the benchmark NIFTY50 index in the same period.
On September 9, Adani Ports shares surged 4.4% to touch an intraday high of ₹1,785.90 apiece, with trading volumes rising above 11 million equity shares across BSE and NSE, triggering the high-volume gains.
NSE data also showed that Adani Ports’ m-cap was at over ₹4.08 lakh crore as of the trading session on Wednesday.
Latest filings from the company showed that Adani Ports received a letter of award (LOA) for development and operation of two dry bulk berths at Paradip Port of Odisha for a period of 30 years.
As per the deal, the company will operate the berth on a BOT (Build, Operate and Transfer) basis. The project is set to be signed within 30 days from the date of LOA receipt.
“The addition of 18 million metric tonnes (MMT) of new capacity will take APSEZ’s total domestic portfolio to 671 MMT, advancing its target of reaching 1 billion tonnes of cargo throughput by 2030,” Adani Ports informed the stock exchanges.
Max Healthcare Institute
Shares of Max Healthcare have delivered 4.3% returns to investors in the last five market sessions, outperforming the benchmark NIFTY50 index returns in the same period, according to NSE data.
The exchange data showed that Max Healthcare’s stock rallied 4.7% to touch an intraday high of ₹1,040.40 apiece on Wednesday’s market, compared to ₹993 apiece at the previous market close.
The trading volumes surged past 5 million equity shares while the company’s market capitalisation (m-cap) was at above ₹1 lakh crore as of the trading session on September 9.
Max Healthcare’s announcement earlier this week suggested that the company raised its stake in Bhubaneswar-based Kalinga Hospital to 66.15%, from earlier 58.28% before the consolidation move.
The company infused ₹87.87 crore by way of subscription to equity shares of Kalinga Hospital via a rights issue.
Tata Steel
NSE data showed that Tata Steel shares have outperformed the benchmark NIFTY50 in the last five trading sessions, gaining 2.3% as investors focused on the recent steel price rally to multi-year highs.
On September 9, shares of Tata Steel surged 3.3% to an intraday high of ₹190.26 apiece, compared to ₹184.15 apiece at the previous equity market close. Trading volumes recorded a surge to above 44 million equity shares, triggering strong performance in the market.
Investing.com data showed that global steel prices have risen more than 9% in the past one-month period, which in turn aided the potential for higher earnings growth in the upcoming results.
Metal producers like Tata Steel gain from the elevated price in the market due to higher margin gains from selling their inventory improving the overall revenues in the period under review.
Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.
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