D-Street Newsmakers: Paytm, Thomas Cook and L&T among top 10 winners and losers today

The Interim Budget 2024 announcements made on Thursday, February 1, in the parliament failed to enthuse Indian equities as the headline indices ended lower. Sensex ended 106.81 points, or 0.15 per cent, lower at 71,645.30, and the Nifty was down 28.20 points, or 0.13 per cent at 21,697.50. Sectorally, Nifty PSU Bank emerged as the outlier with gains of over 3 per cent.

Here are the top 10 stocks that buzzed the most on Budget Day.

Paytm:

Shares of the fintech firm were locked in a 20 per cent lower circuit at Rs 608.8 after Jefferies downgraded the stock to ‘underperform’.

Thomas Cook:

Shares of the tour and travel firm ended 8 per cent higher at Rs 186.5 as the Interim Budget 2024 focussed on encouraging tourism in the country.

Avanti Feeds, Apex Frozen:

Shares of Avanti Feeds and Apex Frozen ended over 4 per cent and 7 per cent higher at Rs 543.9 and Rs 272.5 apiece, respectively. These stocks got a boost as FM proposed to increase productivity and yield under the PM’s Matsya Sampada Yojana.

Container Corporation of India:

Shares of the logistics solution provider ended nearly 4 per cent higher at Rs 919.5 as infrastructure development under PM Gati Shakti will aid logistics efficiency.

Coromandel International:

A maker of Nano-DAP fertiliser, Coromandel International settled around 2 per cent higher at Rs 1,070.6 as the Interim Budget 2024 proposed the application of Nano-DAP will be expanded in all agro-climatic zones.

Dodla Dairy:

Shares of the dairy products company ended over 3 per cent lower at Rs 994.55 even as the Budget made a proposal to formulate a comprehensive programme for supporting dairy farmers.

Titan:

Shares of the consumer lifestyle company, after recording an income growth of 24 per cent on-year in Q3 FY24, ended around 2 per cent lower at Rs 3,626.

L&T:

Amid a spurt in volume in the counter, shares of the infra major ended over 2 per cent lower at Rs 3,397.2.

Dr Lal PathLabs:

Shares of the diagnostic firm ended a tad lower at Rs 2,507.35 even as the company’s Q3 PAT rose 54 per cent on year.

RailTel Corporation:

Shares of the company ended around 4 per cent lower at Rs 420.55 as the Budget 2024 failed to cheer the sector with a lower capex outlay of Rs 2.55 lakh crore.