Why these stocks stood tall amid the market fall

Most mid- and small-cap shares plunged in the market sell-off in last four trading sessions. However there are a few stocks like Jamna Auto, Escorts, Aegis Logistics, Aarti Industries, SpiceJet and insurance companies such as New India Assurance, ICICI Prudential, ICICI Lombard and SBI Life Insurance among others that have remained resilient. Some of it has been due to better than expected results for the December quarter, while some others like insurance companies strengthened after the finance minister announced a health protection scheme for 100 million poor families in the Budget . Escorts shares have gained 10 per cent in the last four trading sessions when benchmark Sensex declined 5 per cent due to strong earnings for the quarter ended December 2017. Aegis Logistics stock also rose 9 per cent since February 1 as the company’s net profits doubled for the quarter ended December 2017 from the same period a year ago.