This PSU Stock Surged 19% To Become Biggest Gainer On Nifty 500

On Thursday, more Nifty 500 companies gained as Nifty 50 hit an all time high. 287 companies advanced while 209 declined and 4 remain unchanged. Garden Reach Shipbuilders & Engineers led the surge with an impressive 18.90% increase in its stock price, closing at ₹1,418.00, up significantly from ₹1192.60.

Cochin Shipyard followed with a 16.33% rise, closing at ₹1,900.00, compared to ₹1633.30 previously.

Top Gainers

StockCurrent PriceLast Close% Change
Cochin Shipyard₹1,900.00₹1633.3016.33%
Saregama India₹469.90₹410.8514.37%
Uno Minda₹851.00₹757.7512.31%
Rail Vikas Nigam₹372.50₹341.409.11%

Saregama India also showed strong performance, with its stock increasing by 14.37% to close at ₹469.90.

See Also: IndiGo Q4 Results: Net Profit More Than Doubles To ₹1,894.8 Cr

Uno Minda and Rail Vikas Nigam rounded out the top five performers, witnessing gains of 12.31% and 9.11%, respectively. RVNL extended its rally to the eighth session.

Conversely, HEG experienced the steepest decline, with its stock price plummeting by 15.71% to close at ₹2265.00, down from ₹2687.00.

Top Losers

StockCurrent PriceLast Close% Change
GMM Pfaudler₹1,323.00₹1406.30-5.92%
Deepak Nitrite₹2,334.00₹2463.50-5.26%
Max Healthcare₹805.00₹838.30-3.97%

Other stocks that faced declines include GMM Pfaudler, Deepak Nitrite, Lupin, and Max Healthcare Institute, with their stock prices decreasing by 5.92%, 5.26%, 5.06%, and 3.97%, respectively.

Read Next: Top 10 PSU Stocks By FII Shareholding

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