Top Gainers & Losers: NTPC, Tata Motors rise, Eicher Motors dips over 1%
Top Gainers & Losers: In a highly volatile trade, BSE Sensex climbed 64.55 points or 0.11 per cent to settle at 59,632.35
Top Gainers & Losers: Indian equity benchmark indices Sensex and Nifty ended with marginal gains on Thursday after falling for three consecutive sessions helped by fag-end buying in energy, telecom, and utility stocks.
In a highly volatile trade, BSE Sensex climbed 64.55 points or 0.11 per cent to settle at 59,632.35 and NSE Nifty rose by 5.7 points or 0.03 per cent to finish at 17,624.45.
Among the Nifty50 pack, NTPC, Adani Ports, Asian Paints, Bajaj Auto, and Tata Motors were the biggest winners.
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Divi’s Laboratories, Hindustan Unilever, Dr Reddy’s Laboratories, Eicher Motors, and Hindalco were among the laggards.
Here's a look at some of the blue-chip stocks that moved the most on Thursday:
NTPC
NTPC stock was the top gainer on Nifty50, it rose over 1 per cent to Rs 169.6 per share on the NSE.
Brokerage firm Emkay has given a ‘buy’ rating on NTPC with a target price of Rs 200 per share which is an upside of 17.9 per cent
Emkay expects 8 per cent earnings per share CAGR in the medium term, with 12.2 per cent retrn on equity.
Pic: NSE
Tata Motors
Tata Motors share price ended among the top gainers on Nifty50 on Thursday. The stock climbed over 1 per cent to Rs 475.5 per share on the NSE.
Morgan Stanley has maintained an ‘Overweight’ rating and given a target of Rs 513 per share which is an upside of 7.9 per cent.
The global brokerage believes that Jaguar Land Rover has reiterated its bullish margin and free cash flow guidance.
Pic: NSE
Eicher Motors
Shares of Eicher Motors ended among top losers on Nifty50 on Thursday. The stock declined over 1 per cent to Rs 3,250 per share on the NSE.
Motilal Oswal has given a ‘buy’ rating on Eicher Motors for a target of Rs 3,625 which is an upside of 11.5 per cent.
Pic: NSE
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