D-Street Newsmakers: Vedanta, BEL, HAL among 10 stocks that hogged limelight today
At the close in Friday's session (May 17), Nifty ended higher by 0.28 per cent at 22,466.1, while Sensex added 0.34 per cent and closed at 73,917.03.
Indian equities continued their winning streak for the second straight session even as global markets traded on subdued note. At the close, Nifty ended higher by 0.28 per cent at 22,466.1, while Sensex added 0.34 per cent and closed at 73,917.03. Sectorally, consumer durables, auto, realty and metal pack emerged as winners.
Here are the stocks that hogged limelight in today’s session:
Vedanta
Shares of the diversified metals company ended over 2 per cent higher at Rs 442.50 as the company’s board approved raising Rs 8500 crore.
Bharat Electronics
Ahead of its results to be announced on Monday, shares of the PSU settled over 4 per cent higher at Rs 248.20.
HAL
After stellar Q4 results revealed yesterday, shares of the company scaled fresh all-time high for the second straight day today. Nevertheless, as Morgan Stanley continued with its ‘overweight’ stance on the counter with a reduced target price, it ended lower by 1.6 per cent at Rs 4531.40.
PB Fintech
Amid promoter stake sale via block deals in the pre-opening session, shares of the fintech company ended with a cut of over 1 per cent at Rs 1324.65.
Ratnamani Metals
Shares of the company ended nearly 4 per cent higher at Rs 3262 as the company’s Q4 PAT climbed to Rs 192 crore.
Crompton Greaves
Shares of the consumer durable company ended over 15 per cent higher at Rs 390.4 amid broad-based gains in the pack.
BEML:
Shares of the industrial equipment major ended with gains of over 8 per cent at Rs 4012.60 as the company bagged fresh order from Northern Coalfields.
Larsen and Toubro
The company's stock ended with minor losses at Rs 3,450.05 even as the buildings and factories (B&F) business of L&T Construction won 'significant orders'.
Affle (India)
Shares of the company ended over 7 per cent higher at Rs 1,175.05 amid a spurt in trading volume in the counter.
JSW Steel
Shares of the company ended over 2 per cent higher at Rs 907.3 ahead of its Q4 results which were released after market hours.