Rekha Jhunjhunwala-Backed Small Cap Stock Rockets 16% To Lead Gainers In Nifty 500

In the stock market trading on Friday, the Nifty 500 index saw significant movement in several stocks. Among the top gainers were Mazagon Dock Shipbuilders LimitedSafari Industries (India) LimitedWelspun Living LimitedSwan Energy Limited, and Jubilant Pharmova Limited.

The most impressive growth was seen with Jubilant Pharmova Limited which is 16.94% compared to its last close. The company is a leading integrated pharmaceutical and life sciences company.

StockCurrent PriceLast Close% Change
Jubilant Pharmova Limited₹397.25₹339.716.94%
Swan Energy Limited₹369.2₹329.0512.2%
Welspun Living Limited₹145.7₹131.810.55%
Safari Industries (India) Limited₹4264.95₹3890.559.62%
Mazagon Dock Shipbuilders Limited₹2055.9₹1898.558.29%
Top Gainers.
StockCurrent PriceLast Close% Change
Sterlite Technologies Limited₹135.9₹149.75-9.25%
Westlife Foodworld Limited₹820.25₹882.85-7.09%
MMTC Limited₹51.9₹54.55-4.86%
Prestige Estates Projects Limited₹748.1₹784.35-4.62%
Sapphire Foods India Limited₹1291.4₹1348.85-4.26%
Top Losers.

Swan Energy Limited, a company engaged in textile, real estate, and energy businesses, also saw a significant increase in its stock price by 12.20%. Following closely behind was Welspun Living Limited, a manufacturer and seller of home textile products, which reported a 10.54% growth.

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The stock price of Safari Industries (India) Limited, a manufacturer of luggage and luggage accessories, rose by 9.62%. Meanwhile, Mazagon Dock Shipbuilders Limited, a company known for building and repairing ships, submarines, and other related products, saw an 8.28% increase in its stock price.

On the other hand, notable losers of the day included Sterlite Technologies LimitedWestlife Foodworld LimitedMMTC LimitedPrestige Estates Projects Limited, and Sapphire Foods India Limited.

Sterlite Technologies Limited, a manufacturer of connectivity and network solutions, experienced the most significant decrease in its stock price by 9.24%. Westlife Foodworld Limited, the owner and operator of a chain of McDonald’s restaurants in Western and Southern India, saw a decrease of 7.09% in its stocks as its profits took a hit in the September quarter. Other notable decreases included MMTC Limited at 4.85%, Prestige Estates Projects Limited at 4.62%, and Sapphire Foods India Limited at 4.25%.

The Indian stock markets staged a recovery on Friday, marking a positive end to a challenging week. Both the Nifty 50 and Sensex indices surged by more than 1% to close the week on an upward note.

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