D-Street Newsmakers: Lupin, Hero MotoCorp, One 97 Communications among 10 stocks that hogged limelight today
Indian equities after the status-quo decision by the RBI monetary policy committee ended sharply lower in Thursday’s trade. Nifty ended with a cut of 0.97 per cent, or 212.55 points at 21,717.95, while Sensex ended 1 per cent, or 723.57 points lower at 71,428.43 levels. Sector-wise, PSU Banks and Media were the top performers while defence stocks resumed their uptrend after a minor consolidation.
Here are the stocks that remained in focus today:
Lupin:
Shares of the pharma major notched 0.76 per cent gains at the close and ended at Rs 1606.4 after the company posted strong Q3 results.
Hero MotoCorp:
Ahead of its earnings scheduled to be released tomorrow, shares of the 2-wheeler major ended with tad gains at Rs 4800.
Garware Hi-Tech:
Shares of the company ended locked in 20 per cent upper circuit at Rs 1904.55 as the company’s consolidated net profit jumped 84 per cent on year during Q3.
Paytm:
Shares of the fintech company ended locked in 10 per cent lower circuit at Rs 447.1 after the RBI said that restrictions on the company’s Payments Bank arm were due to persistent non-compliance.
Biocon:
Shares of the biotech firm ended with a cut of over 2 per cent at Rs 284.45 ahead of the company’s results due later today.
Manappuram Finance:
Shares of the NBFC ended 4 per cent lower at Rs 182.7 as the company’s asset quality deteriorated in Q3.
Nestle India:
Shares of the Maggi maker ended with a cut of over 3 per cent at Rs 2423.60 as the company’s December quarter results came in below analysts estimates.
Mankind Pharma:
Shares of the pharma company ended 6 per cent higher at Rs 2248.95 as the promoters sold their 1.62 per cent stake in the entity in a block deal.
Just Dial:
Shares of the company ended around 8 per cent higher at Rs 894.05 amid a spurt in volume.
Venky’s India:
Shares of the company settled 7 per cent lower at Rs 1836.95 as the company reported a loss of Rs 8 crore in Q3FY24.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Tata Motors, Muthoot Finance and 3 more: Axis Direct recommends buying these stocks for 2 weeks; check targets, stop losses
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
04:46 PM IST