Rekha Jhunjhunwala-Backed Stock Tanks 5% To Lead Nifty 500 Losers

Brightcom Group and Policybazaar emerged as the top gainers, while several other stocks faced a decline.

Brightcom Group led the top gainers with a significant rise of 12.57%, closing at ₹20.15.

Policybazaar followed with a 10.24% increase, closing at ₹1,002.40. Other top performers included Ratnamani Metals & Tubes, Godfrey Phillips India, and Vardhman Textiles, with gains of 10.13%, 9.22%, and 8.39%, respectively.

StockCurrent PriceLast Close% Change
Brightcom Group Ltd.₹20.15₹17.912.57%
Ratnamani Metals & Tubes Ltd.₹3574.45₹3245.710.13%
Godfrey Phillips India Ltd.₹2459.95₹2252.359.22%
Vardhman Textiles Ltd.₹427.8₹394.78.39%

On the downside, Metro Brands was the biggest loser, with a 4.83% decrease in its stock price. Rekha Jhunjhunwala owns a 9.60% stake in the company.

StockCurrent PriceLast Close% Change
Metro Brands Ltd.₹1096.4₹1152.0-4.83%
Vaibhav Global Ltd.₹496.6₹521.55-4.78%
Kalyan Jewellers India Ltd.₹350.2₹367.4-4.68%
Larsen & Toubro Ltd.₹3479.75₹3633.3-4.23%
Jyothy Labs Ltd.₹515.15₹535.65-3.83%

Vaibhav Global, Kalyan Jewellers India, Larsen & Toubro, and Jyothy Labs also faced declines, with their stock prices dropping by 4.78%, 4.68%, 4.23%, and 3.83%, respectively.

On Wednesday, the Nifty 50 and Sensex experienced strong gains. The Nifty 50 closed at 21,725.70, up 204 points or 0.95%, while the Sensex gained 612 points or 0.86%, closing at 71,752.11. Both the BSE Midcap and Smallcap indices hit fresh record highs during the session, reaching 38,797.4 and 45,763.05, respectively. The BSE Midcap index closed 1.57% higher at 38,774.50, while the Smallcap index settled with a gain of 1.83% at 45,722.58.

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