D-Street Newsmakers: Canara Bank, Bajaj Auto, Bharat Dynamics among 10 stocks that hogged the limelight today
In a volatile session, Indian equities ended higher, led by gains in metal and energy stocks.
In a volatile session, Indian equities ended higher, led by gains in metal and energy stocks. Nifty ended the session at 21,453.95 with gains of 215.15 points or 1.01 per cent, while Sensex advanced 689.76 points or 0.98 per cent and settled at 71,060.31.
Here are the 10 stocks that were in the limelight on Wednesday:
Canara Bank:
Shares of the state-run bank ended with a marginal cut at Rs 454.3 even as the lender’s net profit for the December quarter jumped 27 per cent year-on-year (YoY) to Rs 3656 crore.
Bharat Dynamics:
Shares of the state-run defence PSU ended 2 per cent higher at Rs 1703.05 after the company’s Q3 net profit rose YoY to Rs 135.03 crore.
Sona BLW Precision:
Shares of the company ended over 1 per cent higher at Rs 588 as the company’s Q3 consolidated net profit jumped 24 per cent YoY to Rs 133 crore.
Bajaj Auto:
Shares of the 2-wheeler major ended with over 1.7 per cent gains at Rs 7211.4 ahead of its Q3 results later on Wednesday.
Carborundum Universal:
Shares of the company settled over 4 per cent higher at Rs 1178.55 amid a spurt in volume on the counter.
Rama Steel Tubes:
Shares of the iron and steel products company ended around 2 per cent higher at Rs 46.2 as the its board approved a 2:1 bonus share issue.
Mastek:
Shares of the software consulting company ended a tad higher at Rs 2684.45 as the company collaborated with Microsoft for generative AI.
Indian Oil Corporation:
Shares of the OMC ended over 3 per cent higher at Rs 143.5 as the company posted a significant increase in net profit YoY for the December quarter at Rs 8063.39 crore.
Motilal Oswal Financial Services:
Shares of the brokerage company ended over 10 per cent higher at Rs 1710.75 as the company declared an interim dividend of Rs 14 per share.
JK Cement:
Shares of the cement maker ended around 5 per cent higher at Rs 4138 as Jefferies double upgraded the stock to ‘buy’.
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