Nifty 500 Gainers: PSU Bank Stock Surges 17%

EIH Associated Hotels led the surge as the top gainer, while NLC India encountered the most significant downturn among the stocks.

EIH Associated Hotels Ltd. stood out with an impressive 19.57% increase, closing at ₹425.00.

StockCurrent PriceLast Close% Change
EIH Associated Hotels Ltd.₹425.0₹355.4519.57%
Trent Ltd.₹3607.5₹3035.018.86%
Indian Overseas Bank₹79.65₹67.5517.91%
Yes Bank Ltd.₹29.8₹25.417.32%
UCO Bank₹68.4₹58.816.33%

Trent and Indian Overseas Bank also displayed remarkable growth, with their stock prices increasing by 18.86% and 17.91%. Yes Bank and UCO Bank rounded out the top five gainers with increases of 17.32% and 16.33%, respectively.

Conversely, NLC India Ltd. experienced a notable decline of 9.60%, closing at ₹256.15.

StockCurrent PriceLast Close% Change
NLC India Ltd.₹256.15₹283.35-9.6%
Syrma SGS Technology Ltd.₹524.35₹570.45-8.08%
Redington (India) Ltd.₹193.6₹208.1-6.97%
AIA Engineering Ltd.₹4129.35₹4423.05-6.64%
Endurance Technologies Ltd.₹1983.25₹2115.3-6.24%

Syrma SGS Technology and Redington also faced setbacks, with their stock prices decreasing by 8.08% and 6.97%. AIA Engineering and Endurance Technologies completed the list of top losers with declines of 6.64% and 6.24%.

The Indian benchmark indices experienced a flat close on February 7 amid high volatility, just ahead of the RBI policy outcome. The Sensex ended marginally lower by 0.05%, while the Nifty edged up by 0.01%. Sectoral performance varied, with gains seen in PSU Bank, metal, power, pharma, and realty sectors, while the Information Technology index saw a decline of 1%. Both the BSE Midcap and Smallcap indices ended on a positive note, rising by 1.3% and 0.4%, respectively.

Read Next: Tata Stock Hits All-Time High As Profits Skyrocket 142% In Q3


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