D-Street Newsmakers: LTI Mindtree, Hindustan Zinc, Bajaj Consumer among 7 stocks that hogged limelight today
Indian equities succumbed to profit-taking after hitting fresh highs on the Nifty 50 index in intra-day trade. At the close, the 30-share BSE Sensex declined 269.03 points or 0.35 per cent to settle at 77,209.9, while the NSE Nifty slipped 65.9 points or 0.28 per cent to settle at 23,501.1. Meanwhile broader markets also ended in the red after notching fresh record highs today.
Here are the stocks that made headlines today:
LTIMindtree
Shares of the company ended over 1 per cent higher at Rs 5,113.25 amid broader gains in the IT pack after Accenture released its Q3FY24 results.
RailTel Corporation
Shares of the railways company ended nearly 10 per cent higher at Rs 476.20 amid spurt in trading volume in the counter.
Sun Pharma
Shares of the company ended 0.4 per cent lower at Rs 1464.50 as the company inked a non-exclusive patent licensing agreement with Takeda Pharmaceutical Company to commercialize the novel gastrointestinal drug, Takeda (Vonoprazan), in India.
Bajaj Consumer
Shares of the company ended over 2 per cent higher at Rs 268.1 after the company fixed July 2 as the record date for its buyback via the tender offer route.
Hindustan Zinc
Shares of the company ended over 2 per cent higher at Rs 662 after inking an MoU with US-based AEsir Technologies for developing Zinc batteries.
HPCL
HPCL shares ended lower by over 2 per cent at Rs 342.15 on trading ex-bonus today. Also, today is the record date for the company’s 1:2 bonus share issuance.
Zomato
Zomato shares ended with a cut of over 1 per cent at Rs 194.1 even as Bernstein maintained its ‘buy’ rating on the counter with a target price of Rs 230 per share.