LIC-Backed Midcap Stock Jumps 11% To Lead Nifty 500 Gainers

As the trading hours rolled on Tuesday, the NIFTY 500 Index saw a mixed bag of top gainers and losers. With the market showing an array of dynamics, a few stocks stood out, leading the pack with significant gains, while others trailed behind.

The top gainer of the day was DCM Shriram with an impressive surge of 10.91%. It closed at ₹1,106.80, a striking jump from the previous close at ₹997.95. The company’s remarkable performance stood as a beacon amidst the fluctuating market trends.

StockCurrent PriceLast Close% Change
DCM Shriram Ltd.₹1,106.8₹997.9510.91%
Orient Electric Ltd.₹235.5₹217.858.1%
Century Plyboards (India) Ltd.₹821.8₹768.76.91%
The Great Eastern Shipping Company Ltd.₹982.2₹923.06.41%
Indian Railway Finance Corporation Ltd.₹100.1₹94.356.09%
StockCurrent PriceLast Close% Change
KFintech Private Limited₹488.2₹512.9-4.82%
Steel Authority of India Ltd.₹111.05₹115.45-3.81%
Sundaram Finance Ltd.₹3,650.5₹3,788.35-3.64%
GMR Infrastructure Ltd.₹75.7₹78.3-3.32%
Gujarat Ambuja Exports Ltd.₹380.3₹392.95-3.22%

Following close behind was Orient Electric Ltd., which saw an increase of 8.10%, closing at ₹235.50, up from ₹217.85. Century Plyboards (India) also performed admirably, with a surge of 6.91% to close at ₹821.80, compared to the prior day’s close of ₹768.70.

Other notable performers include The Great Eastern Shipping Company and Indian Railway Finance Corporation. The Great Eastern Shipping Company Ltd. closed at ₹982.20, a 6.41% rise from the previous close of ₹923.00. On the other hand, Indian Railway Finance Corporation ended the day at ₹100.10, a promising 6.09% increase from the previous close of ₹94.35.

On the flip side, KFintech Private emerged as the biggest loser, shrinking 4.82% to ₹488.20 from its last close at ₹512.90. Steel Authority of India also took a hit, dropping 3.81% to ₹111.05 from ₹115.45. Sundaram Finance, GMR Infrastructure, and Gujarat Ambuja Exports followed suit, witnessing declines of 3.64%, 3.32%, and 3.22%, respectively.

Read Next: Aequs Assembles Marvel In India, Launches Superhero Toy Line In ‘Make In India' Push


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.


Posted In: EquitiesMarketsMoversTrading IdeasGainers And LosersNifty 500