Nifty 500 Gainers: Tata Stock Jumps Over 8% After Q2-Print

The Indian stock market witnessed a blend of sharp rallies and dips among the NIFTY 500 index constituents, with certain stocks emerging as top performers while others lagged behind. Let’s delve into some of these stocks that grabbed the spotlight in Tuesday’s trading session.

The standout performer was Jyothy Labs. The company’s shares skyrocketed by 8.69%, the highest among the top five, escalating from ₹369.30 to ₹401.40.

Not to be outdone, Trent, with an 8.54% rise, and Ratna Mani, with an 8.60% leap, were also among the front-runners. The surge in Trent which is a subsidiary of the Tata Group comes as the company posted its results for the quarter ended September. The company reported a consolidated net profit of ₹289.6 crore, a 55.9% rise from the profit of ₹186 crore in the corresponding quarter of the previous year. The company’s total revenue for the quarter also experienced growth, reaching ₹2,891 crore, a 59% increase from ₹1,841 crore in the year-ago quarter.

StockCurrent PriceLast Close% Change
JYOTHYLAB.NS₹401.4₹369.38.69%
RATNAMANI.NS₹3141.5₹2892.758.6%
TRENT.NS₹2424.0₹2233.28.54%
BSE.NS₹2016.05₹1863.258.2%
SOLARINDS.NS₹5941.45₹5585.756.37%
Top Gainers.
StockCurrent PriceLast Close% Change
KEC.NS₹560.2₹581.8-3.71%
ANGELONE.NS₹2536.55₹2626.45-3.42%
METROPOLIS.NS₹1519.35₹1571.55-3.32%
SOBHA.NS₹760.65₹786.3-3.26%
GODREJPROP.NS₹1764.6₹1823.5-3.23%
Top Losers.

See Also: No Ipl No Problem How Jiocinemas Changed Its Approach To Web Shows To Rival Netflix Prime

Solar Industries saw a 6.37% increase in its stock price. The stock, which closed at ₹5,585.75 on the previous trading day, climbed to an impressive ₹5,941.45.

Close on its heels was BSE, with a notable 8.20% jump, propelling its stock value to ₹2,016.05 from the previous close of 1863.25.

On the flip side, KECAngel OneMetropolisSobha, and Godrej Properties were the bottom performers, with their stock prices dipping 3.71%, 3.42%, 3.32%, 3.26%, and 3.23% respectively.

Read Next: Muhurat Trading 2023: Date, Time, History, All You Need To Know


Engineered by Benzinga Neuro, Edited by Utkarsh Roshan


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Comments
Loading...
Posted In: EquitiesMarketsMoversTrading IdeasGainers And LosersNifty 500