D-Street Newsmakers: BPCL, Paytm, PB Fintech among top 10 winners and losers today
After hitting a new high of 22,126.80 in intra-day trade, Nifty succumbed to selling pressure and ended with gains of 0.72 per cent, or 156.35 points, at 21,853.8. Sensex, on the other hand, added 0.61 per cent, or 440.33 points, and closed at 72,085.63.
After hitting a new high of 22,126.80 in intra-day trade, Nifty succumbed to selling pressure and ended with gains of 0.72 per cent, or 156.35 points, at 21,853.8. Sensex, on the other hand, added 0.61 per cent, or 440.33 points, and closed at 72,085.63.
Here are the stocks that were in limelight today:
IHCL:
Shares of the hospitality company ended over 1 per cent higher at Rs 501.50 after notching an all-time high of Rs 518.85 in intra-day trade.
Paytm:
Shares of the fintech player ended locked in 20 per cent lower circuit at Rs 487.05 as analysts remained bearish on the counter.
Kaveri Seed:
Shares of the agricultural products company ended 6 per cent lower at Rs 673.95 as the company’s Q3 PAT dropped 69 per cent on year.
TVS Motor:
Shares of the 2-wheeler company ended over 2 per cent higher at Rs 2044.50 even as the company’s January sales figure came in lower than estimates.
PB Fintech:
Shares of the fintech firm ended with a cut of over 1 per cent at Rs 982.85 after Claymore Investments pared its entire stake in the company at Rs 992.8 per share.
BPCL:
Shares of the oil marketing major settled with nearly 10 per cent gains at Rs 558.1. Such spurt in the stock may be attributed to the capital support of Rs 15,000 crore announced in the Interim Budget for FY25.
Abbott India:
Shares of the pharma company ended with over 8 per cent gains at Rs 28081.00 as the company’s 3Q earnings came in better than analysts estimates.
Mahindra Holidays and Resorts:
Shares of the company ended higher by 3 per cent at Rs 415.60 amid spurt in volume in the counter.
Indian Overseas Bank:
Shares of the state-run lender ended around 8 per cent higher at Rs 56.15 with its market-cap breaching Rs 1 lakh crore mark in trade today.
Engineers India:
Shares of the company ended over 10 per cent higher at Rs 261.55 as the company’s Q3 net profit soared to Rs 63 crore as against Rs 16 crore reported in Q3FY23.
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