Reliance-Backed Small Cap Stock Surges 9% To Lead Nifty 500 Gainers
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Alok Industries Ltd. and Sterlite Technologies were the top gainers while Kalyan Jewellers and Usha Martin led the losses.

Alok Industries emerged as the top performer of the day, with a notable surge of 9.79% to ₹21.29. The textile manufacturing company’s stock has seen a substantial uptick from the previous close of ₹19.39. Reliance Industries is a promoter of the company and owns a 40% stake in the company.

StockCurrent PriceLast Close% Change
ALOKINDS.NS₹21.3₹19.49.79%
STLTECH.NS₹157.15₹144.48.83%
GICRE.NS₹241.95₹224.87.63%
KNRCON.NS₹283.15₹263.257.56%
MAPMYINDIA.NS₹2277.1₹2127.17.05%
Top Gainers.
StockCurrent PriceLast Close% Change
KALYANKJIL.NS₹313.5₹329.8-4.94%
JYOTHYLAB.NS₹439.2₹458.6-4.23%
USHAMART.NS₹312.9₹325.95-4.0%
WELSPUNIND.NS₹162.65₹168.8-3.64%
JINDALSAW.NS₹490.95₹506.8-3.13%
Top Losers.

Following Alok Industries, Sterlite Technologies saw a significant uptick of 8.82%. The telecom and internet technology company’s stock rose to ₹157.14 from the previous close of ₹144.39.

Other top gainers included MapmyIndiaKNR Constructions and General Insurance Corporation of India with gains of 7.05%, 7.55% and 7.62% respectively.

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On the flip side, Kalyan Jewellers bore the brunt of the market, with the stock price dipping by 4.94% to ₹313.50 from the last close of ₹329.79.

Close on Kalyan Jewellers’ heels, Usha Martin registered a 4% decline in its stock price to ₹312.89.

Other major losers included Jyothy LabsWelspun India, and Jindal Saw, with their stocks shedding 4.23%, 3.64%, and 3.12% respectively.

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