Newsmakers: Kalpataru Power Transmission, Rama Steel Tubes, Rane Madras among top 10 stocks that moved the most on December 30
Pulled down by the Oil & Gas and Metal sectors, domestic equity markets closed flat with negative bias on weekly expiry day on Thursday. Benchmark Nifty managed to close above 17,200, while the 30-share Sensex gyrates 431 points. Headline indices Nifty50 and the Sensex ended the day at 17,203.95 and 57,794.32 respectively after trading in the narrow range of 0.50% on either side.
Here are the top buzzing stocks:
Kalpataru Power Transmission Limited: Up 5.43%
The shares of the company closed in the green at Rs 375.65 with a gain of 5.43 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 374.00 with a gain of 4.85 per cent. KPTL, a leading global EPC player in the power and infrastructure contracting sector has secured new orders/notifications of award of Rs 1,560 crore.
(Pic: https://kalpatarupower.com/)
Rama Steel Tubes: Up 9.99%
The shares of the company closed in the green at Rs 311.15 with a gain of 9.99 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 311.75 with a gain of 9.98 per cent. The manufacturers of Steel Pipes & Tubes and G.l. Pipes in India has received orders from Uttar Pradesh Power Corporation Limited (UPPCL) aggregating to the tune of Rs. 43.3 million.
(Pic: Reuters)
HP Adhesives: Up 5%
The shares of the company closed in the green at Rs 387.65 with a gain of 5.00 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 382.80 with a gain of 4.99 per cent. Nexus Global Opportunities Fund sells 304,923 shares at Rs 369.20 per share.
(Pic: https://www.hpadhesives.com/)
KPI Global Infrastructure: Up 4.18%
The shares of the company closed in the green at Rs 321.65 with a gain of 4.18 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 319.40 with a gain of 3.57 per cent. The company has received confirmation of the order for executing a solar power project of 10 MWDC capacity from M/s. Colourtex Industries Private Limited, Surat under the 'Captive Power Producer (CPP)' segment of the Company.
(Pic: https://kpigil.com/)
Dwarikesh Sugar Industries: Up 0.35%
The shares of the company closed in the green at Rs 71.85 with a gain of 0.35% per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 71.90 with a gain of 0.28 per cent. The credit rating agency ICRA Limited has reaffirmed the long-term rating for the Bank facilities amounting to Rs 1099.99 crore at “[ICRA] A+ (Positive)” (pronounced ICRA A plus) with an outlook revised to Positive from Stable.
(Pic: https://www.dwarikesh.com/)
IRB Infrastructure Ltd: 2.74%
The shares of the company closed in the green at Rs 226.85 with a gain of 1.64 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 229.05 with a gain of 2.74 per cent. Sudhir Rao Hoshing and Mukeshlal Gupta have tendered their resignations as Joint Managing Director of the Company with effect from December 29, 2021, due to the re-assignment of responsibilities within the Group. Sudhir Hoshing will continue to hold the office of CEO - Execution.
(Pic: https://www.irb.co.in/home/)
IndiGo: Up 1.54%
The shares of the company closed in the red at Rs 1,978.45 with a fall of 1.54 per cent as per BSE. As per NSE, the shares of the company closed in red at Rs 1,980.05 with a fall of 1.40 per cent. IndiGo’s two largest shareholders, Rahul Bhatia and Rakesh Gangwal, who collectively hold 74.44% of the paid-up equity share capital have called an extraordinary general meeting (EGM) on Thursday to amend its Articles of Association (AoA) and remove restrictions on the transfer of promoter shares.
(Pic: https://www.goindigo.in/)
Varun Beverages: Down 2.76%
The shares of the company closed in the red at Rs 861.95 with a fall of 2.60 per cent as per BSE. As per NSE, the shares of the company closed in red at Rs 862.00 with a fall of 2.67 per cent. The Company has incorporated a New Company i.e. 'Varun Beverages RDC SAS' in the Democratic Republic of Congo to carry on the business of manufacturing, selling, trading and distribution of carbonated and non-carbonated beverages. Paid-up Share Capital stands at USD 10,000 divided into 1,000 Shares of the face value of USD 10 each.
(Pic: https://varunpepsi.com/)
IGL: Down 2.57%
The shares of the company closed in the red at Rs 466.55 with a fall of 2.57 per cent as per BSE. As per NSE, the shares of the company closed in red at Rs 467.90 with a fall of 2.32 per cent. In Jharkhand, Chief Minister Hemant Soren on Wednesday announced a relief of Rs 25 per litre on Petrol prices for two-wheeler owners coming from the lower and middle-income group. The beneficiaries will start getting benefits of the waiver at Petrol prices from January 26, 2022.
(Pic: https://www.iglonline.net/english/Default.aspx)
Rane Madras - Up 11.80%
The shares of the company closed in the green at Rs 403.55 with a gain of 11.80 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 401.65 with a gain of10.89 per cent. Two front airbags will be made compulsory in passenger vehicles from January 1, 2022, onwards.
(Pic: https://ranegroup.com/rml/)