Nifty 500 Gainers: Small Cap Stock Surged 7% After Making ₹134 Cr Acquisition

Indian equity markets were a mixed bag this Wednesday, with the NIFTY 500 index recording both stars and laggards. Let’s delve into the top performers and strugglers of the day.

Vijaya Diagnostics Centre emerged as the best performer, with a significant jump of 7.34% by midday. The stock was trading at ₹674.55, a sharp rise from its last close at ₹628.45.

StockCurrent PriceLast Close% Change
Vijaya Diagnostics Centre₹674.55₹628.457.34%
Varun Beverages ₹1,253.4₹1,171.656.98%
Oil India₹360.6₹341.45.62%
Supreme Industries₹4,637.9₹4,431.64.66%
V-Mart Retail ₹1,945.95₹1,862.754.47%
StockCurrent PriceLast Close% Change
Indiabulls Housing Finance₹202.95₹228.5-11.18%
RattanIndia Enterprises₹75.1₹83.25-9.79%
Indian Overseas Bank ₹42.3₹46.65-9.32%
Alok Industries ₹20.85₹22.95-9.15%
UCO Bank₹38.1₹41.8-8.85%

Varun Beverages wasn’t far behind, as it registered a hike of nearly 7%. The stock was trading at ₹1,253.40, a significant upturn from its last close of ₹1,171.65.

Oil India Limited, another top gainer, saw a 5.62% surge to reach ₹360.60 from its last close of ₹341.40. Supreme Industries and V-Mart Retail also had a good run, with respective hikes of 4.66% and 4.47%.

However, it wasn’t a sunny day for all. The biggest setback was faced by Indiabulls Housing Finance, which plummeted by 11.18% to ₹202.95 from ₹228.50 during the last close.

RattanIndia Enterprises followed the downtrend, with a decrease of 9.79%. The stock was trading at ₹75.10, a substantial drop from its last close of ₹83.25. Additionally, Indian Overseas Bank and Alok Industries fell by 9.32% and 9.15% respectively, while UCO Bank saw a decline of 8.85%.

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