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Sunday, October 17, 2021

Gainers Losers: After consolidation, the market closed in the green, these stocks were the biggest movement

There was a consolidation phase in the market today but the market finally managed to close in the green. In today’s trading, there has been a record closing of Sensex, Nifty and Bank Nifty. On the other hand, mid and smallcap stocks also saw gains. The BSE Midcap index closed with gains of 0.65 per cent and Smallcap index by 0.26 per cent.

At the end of trading, the Sensex closed at 60,284.31 with a gain of 148.53 points, or 0.25 per cent. On the other hand, Nifty closed at 17,991.95 with a gain of 46.00 points or 0.26 percent.

The biggest movement in these stocks today

Tata Metaliks | CMP: Rs 1,066.25 | The stock fell 6 per cent today amid reports of a 33.4 per cent fall in its profit in the September quarter and slipped from Rs 82 crore to Rs 54.62 crore on a year-on-year basis.

Delta Corp. | CMP: Rs 285.05 | Today this stock has also run up 4 percent on the basis of good results. The company’s loss on an annual basis has come down to Rs 22.57 crore from Rs 54.91 crore.

Tata Motors | CMP: Rs 420.80 | Tata Motors shares were seen in a strong rally. On October 12 i.e. in today’s trading, it set a new 52-week high on NSE. Along with this, the stock has lost around 23 per cent in the last 5 trading sessions, including today’s slight uptrend. Ambit Capital’s auto analyst Basudeb Banerjee said that the stock has also risen due to the news of the company’s electric vehicle business getting new investors.

Radico Khaitan | CMP: Rs 1,173.20 | Radico Khaitan’s shares jumped 16 per cent on Tuesday. With this the stock price has reached its all-time high of Rs 1,185.15. In fact, analysts have recently shown a bullish stance on the stock of Radico Khaitan, after which heavy buying is being seen in this stock.

GM Breweries | CMP: Rs 885.60 |Q2FY22 The company has seen an increase of 95.5 percent year-on-year in profit and 59.8 percent in income. Today this stock has also run up 14 percent.

Ujjivan Small Finance Bank | CMP: Rs 23.05 | In the second quarter, the company has seen a growth of 31% and 38% in total and retail deposits. On the other hand, the CASA ratio has increased from 16% to 22% on a year-on-year basis. Today this stock has also run more than 10 percent.

Tata Power | CMP: Rs 195.80 | The company’s subsidiary, Power Solar Systems, has received a solar project of 100 MW. Due to this news, this stock has run up 2 percent today.

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Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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