D-Street Newsmakers: BHEL, ITC, IEX, Century Textiles among stocks that hogged limelight today
Indian equities continued their winning run for the second-straight day after the terrible Tuesday led by gains in the IT and financial stocks. At the close, Nifty ended above 22,800 levels, gaining as much as 0.89 per cent or 201.05 points, while Sensex closed at 75,074.51, up 692.27 or 0.93 per cent.
Here are the stocks that gained focus in Thursday’s trade:
ITC
Shares of the FMCG major ended over 1 per cent higher at Rs 435.8 as 99.6 per cent shareholders of the company voted in favour of the proposed demerger of the hotels business of the company into ITC Hotels.
IEX
Shares of the energy trading platform ended 3.5 per cent higher at Rs 162.55 as the company’s overall volumes in May month rose significantly.
BHEL
Shares of the PSU ended 9 per cent higher at Rs 278.15 after bagging an order worth over Rs 3,500 crore from Adani Power.
HDFC Bank
Shares of the private lender ended 0.5 per cent higher at Rs 1559.45 as UBS retains its buy on the stock with a target of Rs 1900.
Force Motors
Shares of the company ended 0.7 per cent higher at Rs 8,440 after the company reported that its domestic sales in May increased 14 per cent on-year to 2,412 units.
Century Textiles
Shares of the paper and paper products company ended 15 per cent higher at Rs 2110.10 after the company’s fully-owned subsidiary of Century Textiles forms a joint venture with Barmalt India for a luxury residential group housing development in Gurugram.
