Top 3 Highest Gaining Large Cap Stocks In September 2022

Benchmark Index of India Nifty 50 has shown huge volatility in September and closed for Rs. 17, 094.35 in the month end, which is -3.74% down from last month. The Indian markets have seen a sharp fall in September; however, many large-cap stocks were in a strong upside momentum and have outperformed the markets by far.

Here is a list of 5 top-gaining large-cap stocks in September 2022.

Ambuja Cements Ltd.

With a presence in 80 countries and a concentration on cement, aggregate, and concrete, Ambuja Cements Ltd (founded in 1993) is one of India's top cement producers. The company is part of LafargeHolcim Limited, a multinational company based in Switzerland with operations in 70 countries.

The stock price has corrected in the ending week of the month; however, the stock has outperformed all the other large-cap stocks in return. The stock's current market price is Rs. 515, and as per returns, the gave fell -by 4.4% in the last week, and over one month, the stock gave robust gains of 25.37%.

Tube Investments of India Ltd.

Tube Investments of India Ltd. is one of India's top producers of various products for key sectors like automotive, agriculture, railroad, mining, construction, etc. The three primary business segments of the company are metal-formed products, bicycles, and engineering. The company has entered the TMT bar and truck body building industries through its expansion plans, and it is also looking at the potential in the optic lens and other vision systems for the auto sector.

The stock price is trading near its all-time highs and has been surging for the past few months. Currently, the stock is trading at the market price of Rs. 2,743. The stock consolidated in the last week of the month; however, over one month, the stock gained a whopping 21.22%.

Gujarat Fluorochemicals Limited

Gujarat Fluorochemicals Limited, formerly Inox Fluorochemicals Limited, established in 2018 as a separate legal company, is a member of the INOX Group of Companies.

India is a major manufacturer of refrigerant chemicals, chemicals, and fluoro-polymers. With exports to Europe, Japan, the Americas, and Asia, it is one of the top five global participants in the fluoropolymers market.

The stock has been surging rapidly in the past months, and it also gave good returns this month. The stock's current market price is Rs. 3,958, and as of returns, it gained 6.73% in the last week of the month, and over one month, the stock gained 17.96%.