D-Street Newsmakers: Maruti Suzuki, Eicher Motors among 10 stocks in focus today
Both headline indices rose 0.1 per cent for the day. While the Nifty settled at 21,839.1, the Sensex closed at 72,101.7.
Domestic equity benchmarks Sensex and Nifty50 registered mild gains on Wednesday as gains in auto, FMCG and energy shares were offset by losses in financial stocks, and as investors across the globe remained cautious ahead of a key US rate decision due later in the day.
Both headline indices rose 0.1 per cent for the day, with the Nifty ending at 21,839.1 and the Sensex at 72,101.7.
Here are 10 stocks that made headlines on Wednesday:
Eicher Motors:
Eicher Motors shares ended over 4 per cent higher at Rs 3,873.6 apiece after foreign brokerage UBS double upgraded the stock and raised its target price by Rs 700 to Rs 5,000 per share.
Maruti Suzuki:
Shares of the auto major ended 3 per cent higher at at Rs 11,941.2 apiece after crossing the Rs 12,000 mark for the first time in intraday trade.
HUDCO:
Shares of the housing finance company ended 0.9 per cent lower at Rs 175.7 after its board gave the nod to a proposal to raise Rs 40,000 crore through bonds or debentures.
Himadri Speciality Chemical:
The stock ended a tad lower at Rs 319 as the company announced that its board had approved the acquisition of 40 per cent in Invati Creations.
LT Foods:
LT Foods shares ended over 10 per cent higher at Rs 179.8 after Abakkus Asset Manage purchased a 0.98 per cent stake in the company through a block deal.
BPCL:
Shares ended over 1 per cent higher at Rs 566.7 after Nomura retained its 'buy' call on the counter.
Metro Brands:
The Metro Brand stock ended 14 per cent higher at Rs 1175.2 amid heavy volumes.
Aurobindo Pharma:
Shares of the pharma company ended 3 per cent higher at Rs 1,018 after it received approval from the US FDA for its nasal spray.
Rama Steel Tubes:
Shares of the company slumped 12 per cent to end at Rs 13.4 apiece.
Carysil:
Shares ended nearly 1 per cent lower at Rs 942 after the company said it planned to raise Rs 150 crore via a QIP.
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