D-Street Newsmakers: Mazagon Dock Shipbuilders, TCI Express, Federal Bank, Indian Hotels among 7 stocks that hogged limelight today
As indices gained ground after a long-hiatus, there was seen across-the-board with auto and realty pack leading the gains
As volatility has reduced and Indian equities saw gains after seven sessions of losses, here are the stocks that remained in spotlight today:
Mazagon Dock Shipbuilders: As per sources, the defence PSU may soon get a large deal from the Indian Navy in around 6 months. The multibagger stock ended over 2 per cent higher at Rs 4,070 per share.
TCI Express: After HDFC Mutual Fund added its position in the stock, the scrip ended higher by 0.05 per cent higher at Rs 831.6 per share.
Indian Hotels: After Jefferies remained bullish on the Tata group entity, its stock rose 2 per cent to close at Rs 751.05. The company has also announced its ambitious 'Accelerate 2030 strategy'. The stock marked its all-time high of Rs 760.75 per share in trade today.
Bharat Forge: Shares of the Kalyani group company ended higher by 1 per cent at Rs 1,316.2 per share after the company participated in contract negotiation process for Advanced Towed Artillery Gun System (ATAGS) with Ministry of Defence, Government of India.
Federal Bank: Amid across-the-board shares of the private sector lender hit its fresh 52-week high of Rs 210.5 per share. The stock ended 3 per cent higher at Rs 206.2 per share.
LTIMindtree: The company's scrip settled higher by nearly 1 per cent at Rs 5,886.65 per share as the IT services and consultancy firm announced a contract extension with Nexi Group, a leading European PayTech provider.
NTPC: After the company's subsidiary IPO opened for public subscription, the stock ended with gains of a tad at Rs 367. Also, the firm has entered into a JV with ONGC for exploring renewable energy projects both in India and overseas.
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