LIC-Backed Realty Stock Jumps Up 10% To Lead Nifty 500 Gainers

The NIFTY 500 index witnessed a mixed bag of performances on Friday. While some stocks like Vodafone Idea Ltd., Adani Wilmar Ltd., and KFintech Private Ltd. experienced significant gains, others like The Fertilisers And Chemicals Travancore Ltd., Yes Bank Ltd., and TeamLease Services Ltd. saw a dip in their prices.

Leading the pack of gainers was Indiabulls Housing Finance Ltd., with a whopping 10.07% increase in its stock price. The stock closed at ₹207.75, up from its last close of ₹188.75. LIC owns an around 8% stake in the company.

StockCurrent PriceLast Close% Change
Indiabulls Housing Finance Ltd.₹207.75₹188.7510.07%
Usha Martin Ltd.₹330.6₹303.29.04%
KFintech Private Ltd.₹705.35₹656.357.47%
Adani Wilmar Ltd.₹387.5₹360.657.44%
Vodafone Idea Ltd.₹17.5₹16.37.36%

Following closely was Usha Martin Ltd., which saw a 9.04% surge in its stock price, closing at ₹330.60. KFintech Private Ltd. wasn’t far behind, with a 7.47% increase, closing at ₹705.35.

Adani Wilmar Ltd. and Vodafone Idea Ltd. also had a good day, with their stocks rising by 7.44% and 7.36% respectively. Adani Wilmar Ltd. closed at ₹387.50, while Vodafone Idea Ltd. ended the day at ₹17.50.

StockCurrent PriceLast Close% Change
The Fertilisers And Chemicals Travancore Ltd.₹792.5₹828.6-4.36%
Yes Bank Ltd.₹26.25₹27.15-3.31%
TeamLease Services Ltd.₹3027.0₹3130.1-3.29%
Ratnamani Metals & Tubes Ltd.₹2978.0₹3076.7-3.21%
HFCL Ltd.₹111.55₹115.15-3.13%

On the other hand, The Fertilisers And Chemicals Travancore Ltd. was the biggest loser of the day, with a 4.36% drop in its stock price, closing at ₹792.50.

Yes Bank Ltd. and TeamLease Services Ltd. also faced a rough day, with their stocks dipping by 3.31% and 3.29% respectively. Yes Bank Ltd. closed at ₹26.25, while TeamLease Services Ltd. ended the day at ₹3027.00.

Ratnamani Metals & Tubes Ltd. and HFCL Ltd. also experienced a dip in their stock prices, with a decrease of 3.21% and 3.13% respectively. Ratnamani Metals & Tubes Ltd. closed at ₹2978.00, while HFCL Ltd. closed at ₹111.55.

Read Next: If You Invested ₹10,000 In Jio When It Kept Hitting Lower Circuits, Here’s How Much You’d Have Today


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