Akash Bhanshali-Backed Midcap Stock Jumps 15% To Lead Nifty 500 Gainers

Friday’s trading session witnessed a mixed bag of performances in the NIFTY 500 index. Among the top performers, The New India Assurance, and Natco Pharma stole the show, while Gujarat Gas Ltd. faced a significant dip.

The New India Assurance emerged as a star performer with a whopping 15.59% increase, closing at ₹285.85, a significant jump from its last close at ₹247.30. The stock demonstrated a robust performance, leaving investors with a smile.

StockCurrent PriceLast Close% Change
Natco Pharma Ltd.₹1026.5₹887.115.71%
The New India Assurance Co. Ltd.₹285.85₹247.315.59%
Rain Industries Ltd.₹201.1₹180.811.23%
General Insurance Corporation of India₹421.0₹385.359.25%
Data Patterns (India) Ltd.₹2018.0₹1854.658.81%

Following closely, Natco Pharma also had a day in the sun with a 15.71% rise. The stock closed at ₹1026.5, a substantial increase from its last close at ₹887.10. The pharmaceutical company’s stock showed a healthy uptrend, adding to the day’s market cheer.

StockCurrent PriceLast Close% Change
Gujarat Gas Ltd.₹544.0₹580.85-6.34%
Poonawalla Fincorp Ltd.₹468.1₹492.1-4.88%
FDC Ltd.₹434.7₹453.9-4.23%
RHI Magnesita India Ltd.₹640.2₹663.9-3.57%
SJVN Ltd.₹120.5₹124.95-3.56%

However, not all stocks share the same fate. Gujarat Gas Ltd. took a hit with a 6.34% decrease in its stock price, closing at ₹544.00, down from its last close at ₹580.85. The dip in the stock price left investors with a bitter taste.

Other stocks that faced the heat included Poonawalla Fincorp Ltd. and FDC Ltd., with a decrease of 4.88% and 4.23% in their stock prices respectively. RHI Magnesita India Ltd. and SJVN Ltd. also ended the day in the red, with a decrease of 3.57% and 3.56% respectively in their stock prices.

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