LIC-Backed Stock Soars 17% To Lead Nifty 500 Gainers

Monday’s trading session saw a mix of winners and losers on India’s NIFTY 500 index. The top performers were led by Exide Industries and Info Edge (India), while Union Bank of India trailed the pack.

Exide Industries emerged as the star performer with a significant 17.18% surge in its stock price, closing at ₹377.15. The stock had last closed at ₹321.85, marking a substantial increase in its current price.

Following closely was Info Edge (India), which saw its stock price rise by 9.71% to ₹6225.40, up from its last close of ₹5674.65.

StockCurrent PriceLast Close% Change
Exide Industries₹377.15₹321.8517.18%
Info Edge (India)₹6225.40₹5674.659.71%
PNC Infratech₹464.30₹429.708.05%
Amara Raja Energy & Mobility₹869.05₹810.607.21%
Sundaram Finance₹4584.70₹4296.156.72%

Other notable gainers included PNC Infratech and Amara Raja Energy & Mobility, which posted gains of 8.05% and 7.21% respectively. Sundaram Finance also had a positive day, with a 6.72% increase in its stock price.

On the flip side, Union Bank of India was among the biggest losers, with its stock price dipping by 3.25% to ₹155.00, down from its last close of ₹160.20.

StockCurrent PriceLast Close% Change
Union Bank of India₹155.00₹160.20-3.25%
REC Ltd₹453.50₹471.60-3.84%
Kaynes Technology India₹2518.45₹2647.30-4.87%
The Great Eastern Shipping Company₹986.65₹1041.05-5.23%
Bandhan Bank₹184.95₹197.35-6.28%

REC Ltd also faced a tough trading day, with its stock price falling by 3.84%. Other underperformers included Kaynes Technology India and The Great Eastern Shipping Company, which saw their stock prices decrease by 4.87% and 5.23% respectively.

The worst performer of the day, however, was Bandhan Bank, which saw a significant 6.28% drop in its stock price.

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