D-Street Newsmakers: HDFC Bank, Railways stocks, Cyient DLM among 10 stocks in spotlight today

Indian equities ended on a weak note in Tuesday’s session dragged by heavyweights, including HDFC Bank. At the close, Sensex ended with a cut of 1053 points or 1.47 per cent at 70,370.55, while Nifty ended weak by 333 points or 1.54 per cent at 21,238.8.

Here are the 10 stocks that were in news today:

Indoco Remedies:

Shares of the drugs company ended over 9 per cent lower at Rs 368.75 as the company’s  Q3 PAT dropped 28 per cent on year. 

Ashoka Buildcon:

Shares of the company ended 0.5 per cent lower at Rs 160.95 even as the company’s JV bagged a construction project worth Rs 663 crore from CIDCO.

RVNL, Titagarh, IRFC, Ircon International, IRCTC:

Shares of the railway stocks after a stellar run saw huge profit booking today. Shares of IRFC ended with a cut of over 8 per cent at Rs 161.3, while Ircon International ended at Rs 229.65, down over 14 per cent.

Medi Assist Healthcare:

Shares of the company ended over 11 per cent higher at Rs 464.1 per share on its debut day.

Kotak Mahindra Bank: 

Shares of the private lender ended with a cut of over 1 per cent at Rs 1784.5 as the bank’s board approves raising Rs 10,000 crore via NCDs at Rs 1784.5 per share.

Chennai Petroleum:

Shares of the refineries company ended 9.5 per cent lower at Rs 767.9 as the company logged 70 per cent decline in standalone net profit to Rs 359.99 crore in Q3 period.

Vikas Ecotech:

Shares of the specialty chemicals company ended over 2 per cent higher at Rs 4.15 as the company acquired 100 per cent stake in Shamli Steel at an enterprise value of ₹1,600 million in a share swap deal

Cyient DLM:

Shares of the company ended with a cut of 0.55 per cent at Rs 656.55 ahead of the company’s Q3 earnings today.

HDFC Bank:

Shares of the private lender ended with a cut of over 3 per cent at Rs 1427.6 amid heavy sell-off.

MRPL:

Shares of the company ended with a cut of over 2 per cent at Rs 170.9 even as the refineries major reported standalone net profit of Rs 387.06 crore in Q3FY24 versus loss of Rs 187.96 crore during the same period last year.