D-Street Newsmakers: Coal India, PNB Housing Finance and Eicher Motors among 10 stocks that hogged limelight today

Indian equities kicked off the new financial year on a healthy note with headline indices recording fresh peaks intraday. At the close, Nifty ended with gains of 135 points or 0.61 per cent at 22,462, while Sensex notched higher by 0.49 per cent or 363 points to settle at 74,014.55. Meanwhile, broader markets outperformed their headline indices, with Nifty Midcap 100 climbing 1.7 per cent.

Here are the stocks that hogged limelight on D-Street today:

Coal India:

Shares of the company ended 2 per cent higher at Rs 442 as the company reported record coal production of 773.6 MTs in FY 2024, marking a 10% growth year-on-year.

PNB Housing Finance:

Shares of the housing financier PNB Housing Finance ended higher by 19 per cent at Rs 749.3 after three consecutive credit rating upgrades in a single quarter (Q4FY24).

Eicher Motors:

Shares of the Royal Enfield manufacturer ended lower by 2 per cent at Rs 3942.3 after its March sales disappointed, with Royal Enfield unit recording sales of 75,551 motorcycles in March, up 4.6 per cent on a year-on-year basis.

Canara Bank:

Shares of the state-run lender ended over 1 per cent higher at Rs 589 after the bank accorded approval for initiating the process for diluting 13% stake of the bank by listing its subsidiary Canara Robeco Asset Management Company.

HDFC Bank:

Shares of the heavyweight ended 1.5 per cent higher at Rs 1470.15 after the bank announced divestment of stake in HDFC Education and Development Services. 

Aurobindo Pharma:

Shares of the drug maker ended with gains of 2 per cent at Rs 1113 as the company commenced commercial production at four of its facilities.

Astra Microwave Products:

Shares of the company ended over 5 per cent higher at Rs 627.85 after bagging multiple orders worth Rs 441 crore.

Alembic Pharma:

Shares of the company ended over 2 per cent higher at Rs 1008.95 as the company received the USFDA nod for breast cancer drug.

NCC:

Shares of the civil construction company ended over 4 per cent higher at Rs 242.7 after bagging orders worth Rs 3086 crore in March 2024.

Globus Spirits:

Shares of the alcohol company ended over 13 per cent higher at Rs 752.65 as the company informed that it commenced commercial production of additional capacity at two of its existing units in West Bengal.