D-Street Newsmakers: Hindustan Zinc, Data Patterns, IRFC among stocks that hogged limelight
Indian equity benchmarks despite positive global sentiment ended on a subdued note. Meanwhile, the Nifty Midcap 100 after logging a fresh high ended higher.
Indian equities despite positive global cues ended on a subdued note in Tuesday’s session. At the close, Nifty ended marginally higher at 22,529.05, up 27.05 points or 0.12 per cent, while Sensex ended weak by 0.07 per cent at 73,953.31. Meanwhile, broader markets continued their run and outperformed their headline peers.
Here are some stocks that remained in focus today:
IRFC
After the company approved its quarterly results, dividend and market borrowing programme for FY25 on the previous day, shares of the company ended over 3 per cent higher at Rs 178.5.
Grasim Industries
Ahead of its results tomorrow, shares of the Aditya Birla Group company ended with minor gains at Rs 2,445.6. On Saturday during the special trading session, the stock made its all-time high.
Data Patterns (India)
Shares of the defence firm ended over 4 per cent lower at Rs 3,174.75 even as Jefferies maintained its ‘buy’ on the stock with a raised target price.
Bharat Dynamics
Shares of the state-run entity after marking a 52-week high in today’s trade ended 5 per cent higher at Rs 2560 apiece. The company's shares are set to trade ex-split on May 24.
Sun Pharma
Ahead of its earnings and final dividend announcement, shares of Sun Pharma ended 0.6 per cent higher at Rs 1,540.95.
Hindustan Zinc
Shares of the metal company ended locked in 20 per cent upper circuit, hitting a fresh record high of Rs 742.55 per share on the BSE. The gains are likely fuelled amid a spurt in zinc prices.
SAIL
SAIL shares ended 3 per cent higher at Rs 174.2 even as the steel company's Q4 PAT declined to Rs 1,011 crore in Q4FY24.
RateGain Travel
Shares of the company ended over 5 per cent higher at Rs 773.7 as the company's Q4 PAT climbed 48 per cent on year.