D-Street Newsmakers: Tata Motors, Cipla, SBI among stocks that hogged limelight today
Amid value buying, equity benchmarks in Friday's trade ended higher. Nifty at the close notched levels of 22,055.2, gaining 0.45 per cent.
Benchmark equity indices ended Friday’s session higher after the previous day’s sharp fall led by gains in the FMCG, Metal and Energy stocks. At the close Nifty ended higher by 0.45 per cent or 97.7 points at 22,055.2, while Sensex logged gains of 0.36 per cent or 260.3 points to settle at 72,664.47 points.
"Indian markets largely remained positive; however, a trend of sell-on rally is emerging given domestic premium valuation and election jitters creeping in the minds of investors given lower voter turnout,” noted Vinod Nair, Head of Research, Geojit Financial Services.
Here are some stocks that hogged limelight in Friday's session:
Aurobindo Pharma
The company in an exchange filing informed that the USFDA inspected Unit-VII, an API manufacturing facility, of Apitoria Pharma Private Limited, a wholly-owned subsidiary of the company. Shares of the company ended over 1 per cent higher at Rs 1129.45.
Eicher Motors
Ahead of its results later today, Royal Enfield maker’s shares ended higher by nearly 2 per cent at Rs 4652.15.
Tata Motors
Shares of the auto major ended at Rs 1,046.85, up nearly 2 per cent, ahead of its Q4 earnings due later today.
SBI
SBI shares ended in the red, weak by a marginal 0.4 per cent at Rs 816.55, despite posting strong Q4 earnings on Thursday.
CAMS
Shares of the diversified financials company settled over 3 per cent higher at Rs 3196.20 as the company’s Q4 PAT jumped 39 per cent on-year.
Vijaya Diagnostic Centre
Shares of the company ended higher by nearly 10 per cent at Rs 801.50 amid a spurt in trading volume in the counter.
Cipla
Cipla shares ended lower by over 1 per cent at Rs 1339.45 even as the company’s net profit soared 79 per cent on year, beating analysts' estimates.