Buzzing stocks: RVNL, JSW Infrastructure, Coal India, among 10 stocks that saw action today

Indian equities mirroring weak global markets ended in the red on Tuesday. The BSE Sensex slipped 316 points to close at 65,512, while the Nifty 50 ended 110 points lower to settle at 19,528. Sectorally, the PSU bank pack was the best performer, followed by media, while energy and auto were the major laggards. Broader markets, on the other hand, outperformed the frontline indices.

Here are the 10 stocks that gained traction in trade on October 3, 2023.

RVNL: Shares of the state-owned entity ended around 2 per cent higher at Rs 172 per share on the BSE after the company bagged a Rs 1,098 crore order from the Himachal Pradesh government.

JSW Infrastructure: Shares of the port-related infra company, which listed at a premium of 20 per cent, settled at Rs 157.3 per share on the BSE.

Manoj Vaibhav Gems N Jewellers: After a muted debut on D-Street on Tuesday at Rs 215, which was the same as the IPO issue price, the stock failed to gain momentum and settled at Rs 215.65 on the BSE.

Granules India: Shares of the pharma major ended with marginal gains of 0.5 per cent at Rs 356 after the company said it had received USFDA approval for its Abbreviated New Drug Application (ANDA) for Losartan Potassium and Hydrochlorothiazide tablets. The tablets are used in the treatment of hypertension.

Kalpataru Projects: The stock of the civil construction firm ended around 3 per cent higher at Rs 650 apiece after the company and its international subsidiaries bagged new orders worth Rs 1,016 crore.

Coal India: Shares of the coal mining company ended over 1 per cent lower at Rs 292 apiece on the NSE. This is even as the company reported a 12.6 per cent year-on-year (YoY) rise in coal production to 51.4 million tonnes (MT) in September.

PSU Bank stocks: Amid increased buying interest, PSU Bank stocks gained traction in Tuesday’s trade, with the Nifty PSU Bank index gaining a whopping over 2 per cent. Top performers from the pack that gained up to 5 per cent included stocks like Union Bank of India, Indian Bank, Maharashtra Bank, PNB, and Punjab and Sind Bank.

Federal Bank: Shares of the private lender settled over 2 per cent higher at Rs 151 after its Q2 business update.

IRCTC: Shares of the railway entity ended with gains of over 3 per cent after it launched an offer for air passengers.

Marico: Shares of the edible oil company notched a fresh 52-week high at Rs 595 after brokerage firm ICICI Securities upgraded the stock to buy. The stock settled over 2 per cent higher at Rs 576.

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