Infra Stock Zooms 13% To Lead Nifty 500 Gainers After Bagging Massive Orders

On Wednesday, Nifty 500 saw more companies gain with 250 advances, 247 declines and 3 unchanged. PNC Infratech lead the gainers and Gujarat State Fertilizers & Chemicals saw the steepest decline.

PNC Infratech saw its stock price jump by an impressive 13.05%, closing at ₹517.60. PNC Infratech stock gained after bagging a ₹4994 crore project.

Top Gainers

StockCurrent PriceLast Close% Change
PNC Infratech₹517.60₹457.8513.05%
Finolex Cables₹1172.00₹1058.2010.75%
JBM Auto₹1,934.20₹1807.607.00%

Finolex Cables also performed strongly, with a 10.75% increase in its stock price to ₹1172.00.

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General Insurance Corporation of India and BEML, saw substantial gains of 10.10% and 8.92%, with their stocks closing at ₹379.50 and ₹4550.00. JBM Auto rounded out the top five gainers with a 7.00% rise in its stock price to ₹1934.20.

Top Losers

StockCurrent PriceLast Close% Change
Maharashtra Seamless₹753.85₹808.95-6.81%
Rainbow Children’s Medicare₹1255.00₹1327.90-5.49%
BHEL ₹302.40₹319.20-5.26%

Conversely, Gujarat State Fertilizers & Chemicals faced the largest decline, with its stock price dropping by 7.98% to ₹222.00.

Medanta, a major player in the healthcare sector, also experienced a significant decrease of 7.10%, closing at ₹1240.45.

Other notable declines were observed in Maharashtra Seamless, Bharat Heavy Electricals, and Rainbow Children’s Medicare, with their stocks falling by 6.81%, 5.49%, and 5.26%, respectively.

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Posted In: FuturesMarketsMoversTrading IdeasGainers And LosersNifty 500