D-Street Newsmakers: L&T, SBI, Paytm among 10 stocks that hogged limelight today
Indian equity benchmarks in a volatile session ended sharply lower amid profit-booking. At the close, Nifty was dragged lower by 1.55 per cent or 345 points to 21,957.5, while Sensex lost 1.45 per cent or 1,062.22 points to settle at 72,404.17. Meanwhile, broader markets underperformed the headline indices.
Here are the top 10 stocks that made headlines in today’s trade:
SBI
After the PSB posted better-than-estimated Q4 results, shares of the lender ended over 1 per cent higher at Rs 820.7 per share.
L&T
L&T shares settled nearly 6 per cent lower at Rs 3,291.3 as the company guided for weak revenue growth outlook in FY25.
Piramal Enterprises
Shares of the NBFC ended with a steep drag of 9 per cent at Rs 813.9 as brokerages turned bearish on the stock post its Q4 show.
HPCL
HPCL shares ended 4 per cent lower at Rs 502.25 as the company’s Q4 PAT slipped 12 per cent on year.
IREDA
After incorporating a wholly-owned arm in Gift City, the company’s shares ended at Rs 165.5, down by over 3 per cent.
Tata Motors
Ahead of its Q4 earnings due to be released tomorrow, shares of the company settled nearly 2 per cent higher at Rs 1,030.15.
Shares of the aerospace and defence major ended with a cut at Rs 3,847 even as Nomura initiated coverage with a ‘buy’ view.
Tata Power
Shares of the Tata Group company ended 5 per cent lower at Rs 413.65 as the company reported weak Q4 results.
Muthoot Finance
Shares of the company ended at Rs 1,598.95 , down over 3 per cent, as the RBI reportedly sent the company a letter capping loan disbursal.
Paytm
One97 Communications: Shares of the fintech company ended at 5 per cent upper circuit at Rs 333.3 apiece.