D-Street Newsmakers: Nestle India, Devyani International, Xpro India among 10 stocks that buzzed the most today
The Nifty finished a volatile session on Tuesday with a gain of 34.45 points, or 0.16 per cent, at 21,453.1.
Domestic equity benchmarks finished a volatile session mildly higher on Tuesday after marking fresh all-time highs in intraday trade, led by buying in oil & gas and FMCG shares though apparent profit-booking in IT, financial and auto scrips limited the upside. Both headline indices finished the day 0.2 per cent higher. The Nifty50 rose 34.45 points for the day to 21,453.1 while the Sensex added 122 points to settle at 71,437.2.
Here are the 10 stocks that buzzed the most in trade on December 19:
- Nestle India: The blue-chip consumer products stock 4.7 per cent higher for the day at Rs 25,490 apiece after notching an all-time high during the course of the trading session. The company has fixed January 5 as the record date for its maiden stock split.
- Ircon International: Shares of the civil construction major ended 0.7 per cent lower at Rs 176.7 apiece even as the company won an arbitration award worth Rs 104 crore.
- India Glycol: Shares of the chemicals company ended 8.2 per cent higher at Rs 761.4 apiece after the company said it had bagged a contract worth Rs 1,164 crore for supplying ethanol.
- Diagnostic stocks: Diagnostic stocks such as Dr Lal Pathlabs, Thyrocare Technologies, Global Health, Vijaya Diagnostic Centre and Krsnaa Diagnostics settled with gains of up to 5 per cent after the Centre issued an advisory on a new variant of the COVID-19 virus.
- JB Chemicals and Pharmaceuticals: The pharma stock ended 0.2 per cent lower at Rs 1,469.5 apiece after the company’s board approved the execution of a trademark license deal worth Rs 964 crore with Novartis Innovative Therapies AG, Switzerland.
- Xpro India: Shares of the packaging sector company ended 5.4 per cent lower at Rs 1,122.3 on capital raising plans.
- Vedanta: After the announcement of the second interim dividend for FY24, shares of the diversified metals company ended 0.6 per cent stronger at Rs 262.1 apiece.
- Transformers and Rectifiers (India): Shares of the electrical equipment company ended 2.5 per cent higher at Rs 189.4 apiece after the company said it had secured a Rs 237-crore order from from Power Grid Corporation of India Ltd for the supply of transformers.
- Devyani International: The stock ended 5.2 per cent stronger at Rs 192.8 apiece after news of the company's foray into the Thailand QSR market. CLSA maintained its 'outperform' rating on the counter following the development.
- Dixon Technologies: Shares of the consumer electronics major ended 1.6 per cent higher at Rs 6,368.4 after CLSA reiterated its ‘outperform' rating while raising its target price for the counter by almost 25 per cent to Rs 7,070.
Catch all the highlights of the December 19 session on Dalal Street here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
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