Tuesday’s trading session saw more Nifty 500 companies gain. 369 stocks advanced while 127 stocks declined. 4 scrips remained unchanged.
Cochin Shipyard led the surge with an impressive 12.38% increase in its stock price, closing at ₹1343.20, up from ₹1195.20. Cochin Shipyard stock surged after the company won a large order worth between ₹500 crore and ₹1000 crore from a European client.
Finolex Industries also saw substantial growth, with its stock price rising by 11.12% to ₹301.30 from ₹271.15. Railtel Corporation of India experienced a robust increase of 9.56%, with its stock advancing to ₹390.65 from ₹356.55.
Mazagon Dock Shipbuilders closely followed with a 9.43% rise in its stock price to ₹2333.60 from ₹2132.60. Engineers India rounded out the top five gainers with a 9.21% increase to ₹245.40 from ₹224.70.
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Cochin Shipyard | ₹1343.20 | ₹1195.20 | 12.38% |
| Finolex Industries | ₹301.30 | ₹271.15 | 11.12% |
| Railtel Corporation of India | ₹390.65 | ₹356.55 | 9.56% |
| Mazagon Dock Shipbuilders | ₹2333.60 | ₹2132.60 | 9.43% |
| Engineers India | ₹245.40 | ₹224.70 | 9.21% |
Also read: Bharti Hexacom Reports ₹222.6 Cr Profit, Announces Dividend
Conversely, the session also saw significant downturns:
Tube Investments of India led the decliners, with its stock price dropping by 4.51% to ₹3757.55 from ₹3935.10.
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Tube Investments of India | ₹3757.55 | ₹3935.10 | -4.51% |
| UPL | ₹510.05 | ₹534.10 | -4.50% |
| Cipla | ₹1357.35 | ₹1414.65 | -4.05% |
| Zomato | ₹187.30 | ₹194.30 | -3.60% |
| Piramal Pharma | ₹148.90 | ₹154.20 | -3.44% |
UPL followed closely with a 4.50% decline to ₹510.05 from ₹534.10. The stock witnessed a correction after gaining 13% in the last 2 sessions.
Cipla saw its stock price decrease by 4.05% to ₹1357.35 from ₹1414.65, which might be linked to profit-taking after recent gains. Zomato also encountered a decrease, with its stock falling by 3.60% to ₹187.30 from ₹194.30, extending its slump to the second straight session.
Piramal Pharma completed the list of major losers, with a 3.44% drop to ₹148.90 from ₹154.20.
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