Nifty 500 Gainers: LIC-Backed MidCap Stock Jumps 9%

The NIFTY 500 index on Tuesday’s trading session witnessed varied performances, with notable gains for some stocks like IRB Infrastructure Developers and Borosil Renewables, while others like Polycab India and Zee Entertainment Enterprises experienced declines.

StockCurrent PriceLast Close% Change
Borosil Renewables₹508.6₹464.69.47%
IRB Infrastructure Developers₹46.0₹42.159.13%
JSW Energy₹454.85₹419.458.44%
NBCC (India)₹91.35₹85.057.41%
Gujarat State Fertilizers & Chemicals₹291.3₹273.856.37%

Borosil Renewables and IRB Infrastructure Developers led the gainers, with increases of 9.47% and 9.13%, respectively. LIC owns a 3.33% stake in IRB Infrastructure Developers. JSW Energy, NBCC (India), and Gujarat State Fertilizers & Chemicals also saw significant gains.

StockCurrent PriceLast Close% Change
Polycab India₹4867.1₹5344.25-8.93%
Zee Entertainment Enterprises₹256.3₹278.15-7.86%
Allcargo Logistics₹82.85₹89.8-7.74%
Vodafone Idea₹16.2₹17.15-5.54%
Capri Global Capital Limited₹852.95₹889.75-4.14%

On the flip side, Polycab India and Zee Entertainment Enterprises were among the biggest losers, witnessing declines of 8.93% and 7.86%, respectively. Allcargo Logistics, Vodafone Idea, and Capri Global Capital Limited also experienced notable decreases in their stock prices.

On Tuesday, the Indian benchmark indices, Sensex and Nifty, concluded the trading session on a flat note after surrendering most of the gains achieved earlier in the day. The Sensex finished at 71,386.21, posting a modest increase of 31 points. However, it retraced approximately 650 points from the day’s high. Similarly, the Nifty closed in the vicinity of the 21,550 level.

Meanwhile, the Nifty 500 concluded the day 0.2% higher. The index had experienced intraday gains of up to 0.9%.

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Posted In: EquitiesMarketsMoversTrading IdeasGainers And LosersNifty 500