D-Street Newsmakers: Coal India, LIC, Dr. Reddy’s among 10 stocks that hogged limelight today
Even as global markets remained mixed, Indian equities tumbled in Monday’s session on the back of sharp losses in banking, realty and metal stocks
Even as global markets remained mixed, Indian equities tumbled in Monday’s session on the back of sharp losses in banking, realty and metal stocks. Nifty at the close settled at 21,616.05, down 0.76 per cent. Meanwhile, broader markets tumbled even sharply.
Here are the stocks that remained in focus today:
Coal India: Ahead of its earnings today, shares of the company toppled and ended 5 per cent lower at Rs 433.05.
Sobha: Shares of the realty major ended lower by 4 per cent at Rs 1356.35 even as Motilal Oswal Financial Services remained upbeat on the stock.
LIC: Shares of the leading insurer ended 5 per cent lower at Rs 1022.3 after the company’s shares notched a new high on Friday.
Hero MotoCorp: Shares of the 2-wheeler were dragged lower by over 4 per cent to Rs 4689.05 even as the company posted outstanding Q3 performance.
Bharat Forge: Shares of the castings and forgings company ended with a drawdown of over 14 per cent at Rs 1130.3 as the company infused USD 15 million in Bharat Forge America Inc., a wholly subsidiary of the company.
Dr. Reddy’s Laboratories: Shares of the pharma major after notching a fresh all-time high in intra-day traded ended over 2 per cent higher at Rs 6309.95 . The company has been in receipt of an EIR from the USFDA for its Hyderabad facility.
Easy Trip Planners: Shares of the travel firm ended over 4 per cent lower at Rs 48.95 even as its board has given a due thought to and and provisionally approved the proposal for the establishment of a prestigious 5-star hotel in Ayodhya.
NHPC: Shares of the company tumbled 16% and ended at Rs 81.03 as the company’s Q3 profit slipped 27 per cent on year.
Jubilant Ingrevia: Shares of the specialty chemicals company ended 12 per cent higher at Rs 482.25 amid spurt in volume in the counter.
MCX: Shares of the company ended 9 per cent lower at Rs 3489.15 as the company posted net loss of Rs 5 crore in Q3FY24.
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