Newsmakers: Infosys, Pfizer, GAIL and Tech Mahindra among top 10 stocks that moved the most on December 23

The shares of the company closed in the green at Rs 85.10 with a gain of 9.95 per cent as per NSE. As per BSE, the shares of the company closed in the green at Rs 85.20 with a gain of 9.51 per cent.  The company today announced the successful completion of QIP at a premium of 2.44% over floor price aggregating to Rs 103.6 crore. The funds that have invested in this QIP include marquee investors like Goldman Sachs India Equity, White Oak India Equity Fund, Aditya Birla Sun Life Trustee Private Limited Plc, ICICI Prudential Smallcap Fund and others. QIP Committee of the company on Friday approved the issue and allotment of 14,00,000 Equity Shares to the eligible qualified institutional buyers of the Issue at an Issue Price of Rs 740 per Equity Share, which is at a premium of Rs 17.60 per Equity Share i.e. 2.44% premium on the floor price of Rs 722,40 per Equity Share. The Issue aggregated to Rs 103.6 crore. Source: moldtekpackaging.com

The shares of the company closed in the green at Rs 296.90 with a gain of 8.24 per cent as per NSE. As per BSE, the shares of the company closed in the green at Rs 296.40 with a gain of 7.47 per cent.  The Board of Directors of Great Eastern Shipping Co. Ltd. is scheduled to meet on December 27, 2021, to consider and approve a proposal for buy-back of equity shares of the Company. Source: greatship.com

The shares of the company closed in the green at Rs 5149.90 with a gain of 3.22 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 5,140 with a gain of 2.95 per cent.  Pfizer Inc.’s COVID-19 pill has gained USFDA approval for emergency use in the US. The drug, called Paxlovid, is the first at-home therapy for COVID-19 to win clearance from the USFDA. The Company has started manufacturing activities. The company has said that it will find contract manufacturing partners in India and other low and middle-income countries. Source: pfizer.com

The shares of the company closed in the green at Rs 3536.45 with a gain of 3.13 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 3,532 with a gain of 2.99 per cent.  Jubilant FoodWorks reported strong numbers in the second quarter of the financial year 2021-22 (Q2FY22) almost on all fronts while witnessing pressure on margins. The growth in the fast-moving food chain company is mainly driven by economic activity normalising.  On a standalone basis, Jubilant Food’s profit grew by 58 per cent to Rs 121.5 crore in September-quarter of FY22, as against 76.9 crore in the same quarter a year ago; while it reported 36.6 per cent jump in the Q2 revenue to Rs 1100.7 crore as compared to Rs 805.5 crore in Q2FY21. Source: jubiliantfoodworks.com

The shares of the company closed in the green at Rs 132.95 with a gain of 2.11 per cent as per NSE. As per BSE, the shares of the company closed in the green at Rs 132.85  with a gain of 2.04 per cent.  The Board of Directors of the Company is scheduled to meet today to consider the recommendation for payment of Interim Dividend for FY 2021-22. For payment of Interim Dividend, if so approved by the Board, the "Record Date" will be Friday, December 31, 2021. Source: GAIL Twitter

The shares of the company closed in the green at Rs 1856.80 with a gain of 1.77 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 1,856.15 with a gain of 1.72 per cent.  The stock hit the life highs of Rs 1,860 per share in the intraday trade today. Source: PTI

The shares of the company closed in the green at Rs 1683.75 with a gain of 1.44 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 1,681.10 with a gain of 1.29 per cent.  The stock hit the life highs of Rs 1,691.10 per share in the intraday trade today. Source: Tech Mahindra Twitter

The shares of the company closed in the green at Rs 731.05 with a gain of 1.09 per cent as per BSE. As per NSE, the shares of the company closed in the green at Rs 730.60 with a gain of 1.07 per cent.  The government has announced new tariff guidelines for public-private partnership projects (PPP) in major ports, aiming to make them more competitive and market-friendly. Under the new regime, private concessionaires at major ports will be able to charge tariffs as per market conditions. These new guidelines will be applicable for future PPP projects, including the projects which are currently under the bidding stage. According to an official statement, in the new Act, the provision of the erstwhile Tariff Authority for Major Ports (TAMP) stands abolished. The fresh guidelines are part of the new Major Port Authority Act 2021, which came into effect last month on November 3, 2021. Source: Adani Ports Twitter

The shares of the company closed in the red at Rs 160 with a fall of 0.59 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 159.95 with a fall of 0.68 per cent.  The Board of the Company on Wednesday approved the raising of funds aggregating up to Rs 1500 crore to augment the long-term resources of the Company and to maintain sufficient liquidity for meeting funding requirements for business activities, existing & new projects & future business growth. Source: indiabullsrealestate.com

The shares of the company closed in the red at Rs 1486.95 with a fall of 2.35 per cent as per BSE. As per NSE, the shares of the company closed in red at Rs 1,464 with a fall of 3.92 per cent. The stock hit the life highs of Rs 1,629.25 per share in the intraday trade today. Source: astecls.com