RVNL, Biocon, TVS Motor, LIC housing, SBI Card among top newsmaker stocks of the day
The Indian market extended weakness for the fourth consecutive session to end in the red on Friday. The BSE Sensex fell by over 102 points, while the Nifty pulled back to the 18100-level. The BSE Sensex declined 101.88 points or 0.17 per cent at 60,821.62; while the Nifty50 tumbled 63.2 points or 0.35 per cent to 18,114.9. The decline mainly was aided by the metal sector, followed by IT, pharma and FMCG stocks at the close. Here is a list of 10 buzzing stocks to watch out for:
RVNL: Up 19.92%
Shares of Rail Vikas Nigam Ltd (RVNL) jumped 19.92 percent or 7.15 points to close in the green at Rs 43.05.
IRB Infrastructure Developers - Up 20.00%
The shares of the company surged 20 percent to closed at Rs 293.15 with a gain of 48.85 points on the BSE. On the NSE, the share settled for the day at Rs 293.60, up by 48.90 points or 19.98 percent.
SBI Card: Up 3.67%
The shares of SBI Card closed at Rs 1128.75, up by 39.95 points or 3.67 percent on the BSE. While on the NSE, it ended at Rs 1,135.00, up by 46.10 points or 4.23 percent.
Indian Bank - Up 4.86%
The shares of the Bank ended at Rs 182.45, up by 8.45 points or 4.86 percent on the BSE. While on the NSE, it closed at Rs 182.25, up by 8.05 points or 4.62 percent.
TVS Motor: Up 7.54%
The manufacturer of two and three-wheelers globally TVS Motor Company ended at Rs 620, up by 43.45 points or 7.54 percent on the BSE. While it settled at Rs 618.60 with a gain of 7.20 percent or 41.55 points on the NSE. The company reported a 41.8% YoY rise in standalone profits at Rs 278 crore for the second quarter ended September 30, 2021. It had posted a profit of Rs 196 crore in the year-ago quarter.
Jubilant Industries: Up 4.99%
The chemical manufacturing company ended at Rs 514.40 with a gain of 24.45 points or 4.99 percent on the BSE. The shares of the company closed at Rs 513.80, up by 24.45 points or 5 percent. The company has reported a 100 percent YoY rise in the consolidated profit at Rs 28 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 14 crore in the year-ago quarter.
Biocon: Down 6.13%
The biopharmaceutical company settled the day at Rs 323.95, down by 21.15 points or 6.13 percent on the BSE. While on the NSE, it closed at Rs 324.20,down by 20.75 points or 6.02 percent. The company has reported an 18 per cent YoY drop in the consolidated profit at Rs 160 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 195 crore in the year-ago quarter.
LIC Housing: Down 7.26%
The mortgage loan company ended at Rs 408.40, down by 31.95 points or 7.26 percent on the BSE. While on NSE it settled the day at Rs 409, down by 31 points or 7.05 percent. The company has reported a 69% YoY drop in the profits at Rs 248 crore for the quarter ended September 30, 2021. It had posted a profit of Rs 791 crore in the year-ago quarter.
Indian Hotels: Down 4.21%
Indian Hotels Company Ltd (IHCL) settled the day with a loss of 4.21 percent or 9 points at Rs 204.90 on BSE. While on NSE it ended at Rs 205.50, down by 8.45 points or 3.95 percent. The company has narrowed its consolidated losses to Rs 130.9 crore in the September quarter as against a loss of Rs 252.1 crore posted in the year-ago quarter.
JSW Steel: Down 0.82%
The iron and steel mills company ended in the red at Rs 667.90 with a decline of 5.55 points or 0.82 percent on the BSE. While on the NSE, it settled at Rs 665.90, down by 8.20 points or 1.22 percent. The company has reported a 350 per cent YoY jump in its consolidated profit at Rs 7,170 crore for the second quarter ended September 30, 2021. It has posted a profit of Rs 1,595 crore in the year-ago quarter.