​10 best and worst performing BSE500 stocks of September quarter

​Beating all the negative news surrounding Fed rate hikes, recession and inflation, the domestic equity benchmark index has managed to rally around 7.5% so far in the September quarter even as other major world markets were lying in the bear grip. Within the BSE500 pack, the two stocks - Mazagon Dock and Tata Investment Corporation - that outperformed with a 70% return are certainly not among the most popular on Dalal Street.

​Here are the top five gainers and losers in the BSE500 pack in the September quarter:

​The defense PSU stock rose over 70% in the July-September quarter of FY23 amid the government’s increasing thrust on indigenisation and Make in India.​

​The stock gained around 70.09% in the July-September quarter of FY23 amid hopes of higher dividends from the holding company of Tata Group.

​The tyre stock jumped around 69% in the September quarter of FY23. Earlier in August, the company's COO Arnab Banerjee had said that the company plans to double outlets to 1 lakh in two to three years.

​The stock rose 64% in the July-September quarter of FY23 ahead of its inclusion in Nifty index from September 30.

​The counter surged 62.21 per cent in the July-September quarter of FY23. The stock of the rice processing and exporting company hardly has any analyst coverage.

​The stock fell 33.50% in the July-September quarter of FY23. Mangalore Refinery and Petrochemicals has been facing profit-booking pressure after hitting a record high of Rs 127.60 in June this year.​

​The counter declined 28.98% in the September quarter amid volatility in the crude oil market.

​The multibagger stock fell 28.52% in the July-September quarter of FY23. The Hyderabad-based cloud communications company has approved a share buyback plan.

​Gland Pharma stock plunged over 23% in the said quarter while Nifty Pharma delivered a 5% return.​

The stock tanked 20.08% in the July-September quarter of FY23 amid worries related to weakening demand.