PSU Stock Rockets 20% To Lead Nifty 500 Gainers

Leading the pack of gainers was Mangalore Refinery and Petrochemicals Ltd. (MRPL), with a whopping 19.98% increase from its last close, making it the star performer of the day. The stock closed at a current price of ₹244.70, a significant jump from its previous close at ₹203.95.

StockCurrent PriceLast Close% Change
Mangalore Refinery and Petrochemicals Ltd.₹244.7₹203.9519.98%
Oil India Ltd.₹560.6₹498.7512.4%
Neuland Laboratories Ltd.₹65.1₹59.010.34%
Gujarat Pipavav Port Ltd.₹190.7₹173.959.63%
Aegis Logistics Ltd.₹428.8₹391.959.4%

Following closely was Oil India Ltd., which saw a rise of 12.40%. The stock ended the trading day at ₹560.60, up from its last close at ₹498.75. Neuland Laboratories Ltd. also had a good day at the bourse, registering a 10.33% increase to close at ₹65.10.

Other notable gainers included Gujarat Pipavav Port Ltd. and Aegis Logistics Ltd., which saw their stock prices increase by 9.62% and 9.40% respectively. Gujarat Pipavav Port Ltd. ended the day at ₹190.70, while Aegis Logistics Ltd. closed at ₹428.80.

StockCurrent PriceLast Close% Change
Rajesh Exports Ltd.₹311.0₹336.85-7.67%
Zee Entertainment Enterprises Ltd.₹187.9₹200.2-6.14%
Paytm (One 97 Communications Ltd.)₹325.05₹342.15-5.0%
Narayana Health₹1354.8₹1416.95-4.39%
Vedanta Ltd.₹267.95₹279.65-4.18%

On the other side of the spectrum, Rajesh Exports Ltd. was the biggest loser, with a 7.67% decrease in its stock price. The stock closed at ₹311.00, down from its last close at ₹336.85.

Zee Entertainment Enterprises Ltd. also had a rough day, with its stock price falling by 6.14% to close at ₹187.90. Paytm (One 97 Communications Ltd.) followed suit, with a 4.99% decrease in its stock price, ending the day at ₹325.05.

Other stocks that faced the heat included Narayana Health and Vedanta Ltd., which saw their stock prices fall by 4.38% and 4.18% respectively. Narayana Health closed at ₹1354.80, while Vedanta Ltd. ended the day at ₹267.95.

Read Next: A Union Of Reliance And Tata? DTH Deal May Bring India’s Giants Together

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.

Market News and Data brought to you by Benzinga APIs

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Posted In: EquitiesMarketsMoversTrading IdeasGainers And LosersNifty 500