Infosys, HCL Tech, Maruti Suzuki among 10 stocks that buzzed in trade on October 13

Indian equities ended in the red for the second straight session on Friday, mirroring weak global markets. Further, the drag came amid weak revenue guidance by IT majors for FY24. Nifty ended 43 points or 0.22per cent lower at 19,751, while Sensex fell 126 points or 0.19 per cent to close the session at 66,283. Sectorally, it was a mixed show, with the auto pack leading the gains, while the PSU Bank and Media indices ended with the biggest cut of over 1 per cent. 

Here are the stocks that were in action on October 13:

Maruti Suzuki: Shares of the auto major gained close to 2 per cent to notch a fresh 52-week high of Rs 10,747.95 as the company mulls issuing preferential shares to the parent company Suzuki Motor Corporation for acquiring Suzuki Motor Gujarat.

HDFC AMC: Shares of the fund management company rallied over 5 per cent to hit a fresh 52-week high at Rs 2,910 after the company’s robust September earnings.

Infosys: Infosys shares were among the top Nifty losers in trade today. The company’s shares ended lower by 2 per cent at Rs 1,433 after the IT major slashed its annual revenue guidance.

HCL Technologies: Shares of the Noida-based IT services provider ended with gains to the tune of 2.5 per cent at Rs 1,255.1 after the company’s Q2 consolidated net profit grew 10 per cent YoY to Rs 3,832 crore.

Lupin: Shares of the pharma major ended with gains of over 1 per cent at Rs 1,189 after the firm obtained tentative approval from the USFDA for its ANDA for Calcium, Magnesium, Potassium, and Sodium Oxybates Oral Solution, 0.5 g/mL, to market a generic equivalent of Xywav® Oral Solution.

HDFC Bank: Shares of the country’s most valued lender ended 0.85 per cent lower at Rs 1,536.75 ahead of its second-quarter results due to be announced on October 15.

Dr Reddy’s: Shares of the drug maker ended over 1 per cent lower at Rs 5,450 as the USFDA issued 9 observations in respect of the company’s biologics manufacturing unit at Bachupally in Hyderabad.

SJVN: SJVN shares ended with gains of over 3 per cent at Rs 73.05 as the company’s subsidiary SJVN won a LoA for the development of Solar Power Project from Rajasthan Urja Vikas Nigam (RUVNL).

One97 Communications: The scrip of the payments company ended 2.58  per cent lower at Rs 932.9 after the apex bank imposed a penalty amounting to Rs 5.39 crore on the entity for non-compliance with some of the provisions, including KYC norms.
The entity was found to be non-compliant in respect of some of the provisions concerning ‘RBI Guidelines for Licensing of Payments Banks’, ‘Cyber security framework in banks’ and ‘Securing mobile banking applications including UPI ecosystem’.
 
360 ONE WAM: Shares of the wealth management firm ended with gains of around 5 per cent at Rs 535.5 apiece on BSE. On Thursday, Norway’s central bank Norges Bank in a bulk deal bought 32.75 lakh shares at an average traded price of Rs 511.2 per share, while Morgan Stanley Investment Funds Emerging Leaders Equity Fund  sold off over 24.42 lakh shares of the company.