LIC-Backed PSU Stock Jumps 12% To Lead Nifty 500 Gainers

Thursday’s trading session witnessed a dynamic shift in the NIFTY 500 index. The top performer of the day was Engineers India, while Sanofi India trailed at the bottom

Engineers India emerged as the star performer with a significant 12.30% surge in its stock price. The stock closed at ₹195.90, a substantial leap from its previous close at ₹174.45. LIC owns a 2.87% stake in the PSU.

Following closely was Sobha Developers, which saw a robust 12.02% increase. The stock ended the trading session at ₹1,402.05, up from its last close at ₹1,251.60.

StockCurrent PriceLast Close% Change
Engineers India₹195.90₹174.4512.30%
Sobha Developers₹1402.05₹1251.6012.02%
BSE Limited₹2243.10₹2033.1510.33%
IRB Infrastructure Developers₹58.90₹53.959.18%

BSE Limited also made its mark with a 10.33% rise, closing at ₹2,243.10. This was a significant jump from its previous close at ₹2,033.15.

Other notable gainers included IRB Infrastructure Developers and NCC, which saw their stock prices increase by 9.18% and 8.85% respectively. IRB Infrastructure Developers closed at ₹58.90, while NCC ended the day at ₹237.35.

StockCurrent PriceLast Close% Change
Sanofi India₹7535.75₹7708.45-2.24%
Cera Sanitaryware₹6811.15₹6992.55-2.59%
Rainbow Children’s Medicare₹1241.65₹1276.85-2.76%
Tata Investment Corporation₹6275.30₹6473.00-3.05%
Metro Brands₹1130.15₹1175.15-3.83%

Conversely, Sanofi India was the biggest loser, with its stock price falling by 2.24% to ₹7,535.75. This was a significant drop from its last close at ₹7,708.45.

Cera Sanitaryware followed closely, witnessing a 2.59% decline in its stock price to ₹6,811.15. The stock had previously closed at ₹6,992.55. Rainbow Children’s Medicare also experienced a downturn, with its stock price falling by 2.76% to ₹1,241.65. The stock had last closed at ₹1,276.85.

Other underperformers included Tata Investment Corporation and Metro Brands, which saw their stock prices decrease by 3.05% and 3.83% respectively. Tata Investment Corporation closed at ₹6,275.30, while Metro Brands ended the day at ₹1,130.15.

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