D-Street Newsmakers: Maruti Suzuki, SBI Life, Bajaj Finserv and other stocks that were in spotlight on October 27
Stock market today: Meanwhile, broader markets outperformed the headline indices, with Nifty Midcap 100 gaining 1.53%. On a weekly basis, amid the global worries, both the indices slipped around 2.5 per cent each.
Stock market today: Snapping a six-day losing streak, Indian equity benchmarks mirroring positive global markets ended with significant gains in Friday’s session (October 27). Nifty ended 1.01 per cent higher at 19,047.25, while Sensex added 634.65 points, or 1 per cent to close the session at 63,782.8. Meanwhile, broader markets outperformed the headline indices, with the Nifty Midcap 100 gaining 1.53 per cent. Weekly, both indices slipped around 2.5 per cent each.
Here are the 10 stocks that saw the most action today:
SBI Life: Shares of the life insurer ended a tad lower at Rs 1,306 after the company’s net profit for the September quarter grew 1 per cent year-on-year (YoY) to Rs 380.2 crore.
Asian Paints: Shares of the paint manufacturer settled flat with a negative bias at Rs 2,954.3 after the company missed analysts’ estimates in its September quarter results.
Maruti Suzuki: Shares of the country’s leading automaker ended with over 1 per cent gains at Rs 10,552.9 after the company posted 80 per cent YoY growth in PAT during the September quarter.
Shalby: Shares of the healthcare entity ended 8 per cent higher at Rs 261.05 apiece as the company’s consolidated net profit rose 49.8 per cent YoY.
Bajaj Finserv: Shares of the NBFC ended with marginal gains at Rs 1563.3 after PAT at the company during the September quarter logged a 25 per cent YoY increase to Rs 1,929 crore.
Sterlite Technologies: Amid a sharp surge in trading volume, the telecom company shares ended with a cut of over 9 per cent at Rs 135.5.
NLC India: Shares of the utility company ended with sharp gains of around 8 per cent at Rs 131 after the company reported a strong performance in the Q2 period.
BSE: Shares of the company ended with gains of over 3 per cent at Rs 1856.95. In intraday trade, the stock hit an all-time high of Rs 1912.8.
Vodafone Idea: Shares of the debt-laden telecom services provider ended with an over 1 per cent gain at Rs 10.88 after the average revenue per user (ARPU), a key growth matrix of telecom operators, jumped 2.1 per cent to Rs 142 in the September 2023 quarter from Rs 139 in the same period last year.
Dixon Technologies: Shares of the consumer goods manufacturer ended with marginal gains at Rs 5,371.3 despite a spurt in volume in the counter post-Q2 results.
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