LIC-Backed Midcap Stock Jumps 16% To Lead Nifty 500 Gainers

Wednesday’s trading session witnessed a mixed bag of fortunes for the NIFTY 500 index. While some stocks soared, others took a hit. The top gainer of the day was Capri Global Capital, while Macrotech Developers (LODHA) emerged as the biggest loser.

Leading the pack, Capri Global Capital saw a significant surge in its stock price. The stock closed at a current price of ₹238.35, marking a whopping 16.61% increase from the previous day’s close. LIC owns a 9.5% stake in the company.

StockCurrent PriceLast Close% Change
Capri Global Capital₹238.35₹204.4016.61%
Mazagon Dock Shipbuilders₹2236.70₹1995.5512.08%
Cera Sanitaryware₹7626.00₹6896.0510.59%
Cochin Shipyard₹1074.65₹985.059.10%
Infibeam Avenues₹38.70₹35.758.25%

Following closely was Mazagon Dock Shipbuilders, which also had a stellar day at the bourses. The stock ended the day at ₹2236.70, up by 12.08% from its last close.

Other notable gainers included Cera Sanitaryware and Cochin Shipyard, which registered gains of 10.59% and 9.10% respectively. Infibeam Avenues also had a good run, with its stock price increasing by 8.25%.

On the flip side, Macrotech Developers (LODHA) bore the brunt of the market’s volatility. The stock closed at ₹1115.45, marking a decline of 4.43% from the previous close.

StockCurrent PriceLast Close% Change
Macrotech Developers (LODHA)₹1115.45₹1167.20-4.43%
Godrej Properties₹2401.75₹2497.75-3.84%
DLF₹904.55₹934.85-3.24%
Torrent Pharmaceuticals₹2588.65₹2668.55-2.99%
Sapphire Foods India₹1511.00₹1555.95-2.89%

Real estate major Godrej Properties also had a rough day, with its stock price falling by 3.84%. Other significant losers included DLF, Torrent Pharmaceuticals, and Sapphire Foods India, which saw their stock prices decline by 3.24%, 2.99%, and 2.89% respectively.

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