D-Street Newsmakers: Route Mobile, Zomato and rail stocks among 7 stocks that hogged limelight today
Indian equities in a volatile session in Monday’s trade ended higher after a one-day hiatus led by gains in the FMCG and consumer durables stocks. At the close, the 30-share BSE Sensex rose 131.18 points or 0.17 per cent to settle at 77,341.08, while the NSE Nifty gained 36.75 points or 0.16 per cent to close at 23,537.85. Meanwhile, broader markets continued with their upmove, and outperformed their headline peers.
Here are the stocks that made headlines today:
Railway stocks
RVNL, RaiTel and Titagarh Rail in trade today marked their all-time high amid strong outlook and higher volume.
IREDA
Shares of the renewable energy sector company ended with minor gains at Rs 189.1 as the PSU company raised Rs 1,500 crore via bond issuance.
Zomato
Zomato shares ended over 2 per cent higher at Rs 198.85 after Morgan Stanley retained its ‘overweight’ rating on the counter with a target of Rs 235.
Tide Water Oil
Shares of the lubricant company ended over 7 per cent higher at Rs 2,076.5 as the company’s promoter Standard Greases & Specialities bought additional stake in the entity.
Paytm
After the company shared in an exchange filing that it is expanding its travel market share with global travel partnerships and robust travel solutions, shares of the company ended flat at Rs 410.50..
TBO Tek
TBO Tek shares ended 7 per cent higher at Rs 1698.5 after Goldman Sachs initiated coverage on the stock with a ‘buy’ rating.
Route Mobile
Shares of the company logged significant gains of over 13 per cent and settled at Rs 1,737 after the company announced its partnership with Billeasy.