M&M Share Price Surges 6% To Lead Nifty 50 On Friday

On Friday’s session, Nifty 50 ended up 0.28% higher at 22,466.10. 25 stocks advanced and 25 ones declined. Mahindra & Mahindra led the gainers while TCS was the biggest loser.

Mahindra & Mahindra led the gainers with a substantial increase of 6.02%, closing at ₹2514.60, up from the previous session’s close of ₹2371.75. The stock rose after the company’s Q4 results beat the street’s estimates.

Top Gainers

StockCurrent PriceLast Close% Change
Mahindra & Mahindra₹2514.60₹2371.756.02%
JSW Steel₹907.45₹886.402.37%
Grasim Industries₹2423.65₹2372.602.15%
UltraTech Cement₹9890.35₹9709.101.87%
Bharat Petroleum₹628.30₹618.751.54%

JSW Steel also performed well, with its stock price increasing by 2.37% to ₹907.45, compared to its last close at ₹886.40.

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Grasim Industries saw its stock price rise by 2.15%, ending the day at ₹2423.65, up from ₹2372.60. UltraTech Cement gained 1.87%, closing at ₹9890.35, a rise from ₹9709.10. Bharat Petroleum Corporation Limited rounded out the top five gainers with a 1.54% increase to ₹628.30 from ₹618.75.

On the flip side, Tata Consultancy Services led the decliners with a drop of 1.71%, closing at ₹3834.10, down from ₹3900.95.

Top Losers

StockCurrent PriceLast Close% Change
Tata Consultancy Services₹3834.10₹3900.95-1.71%
Cipla₹1399.05₹1421.10-1.55%
SBI Life Insurance₹1434.20₹1452.20-1.24%
HCL Technologies₹1333.20₹1348.15-1.11%
Bajaj Auto₹8780.70₹8871.85-1.03%

Cipla followed with a 1.55% decrease, ending at ₹1399.05 from ₹1421.10.

SBI Life Insurance declined by 1.24%, closing at ₹1434.20, down from ₹1452.20, possibly reflecting changes in the financial sector’s dynamics or investor sentiment towards insurance stocks. HCL Technologies also saw a decrease of 1.11%, ending the day at ₹1333.20, down from ₹1348.15.

Bajaj Auto completed the list of top five losers with a decrease of 1.03%, closing at ₹8780.70, down from ₹8871.85.

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