PNC Infratech Shares Sink 8% To Lead Nifty 500 Losers

In today’s trading session, Nifty 500 rose 0.20% to 21,852. While NBCC (India) and HFCL were the top gainers while PNC Infratech was the biggest loser.

NBCC (India) experienced a substantial surge in its stock price climbing by 9.53% to ₹156.58, up from the previous close of ₹142.96.

HFCL also displayed robust growth, with its stock price increasing by 9.35% to close at ₹107.57, significantly higher than its close at ₹98.37.

Top Gainers

StockCurrent PriceLast Close% Change

Other notable performers included RailTel Corporation of India, Triveni, and IRCON which registered gains of 9.13%, 8.55%, and 8.03% respectively.

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Conversely, the day was challenging for PNC Infratech Ltd, which saw its stock price plummet by 8.18% to ₹478.90, down from a previous close of ₹521.60. This significant drop was brought by recent CBI raids at the company’s corporate office and the homes of key executives, raising concerns among investors.

Top Losers

StockCurrent PriceLast Close% Change
PNC Infratech₹478.90₹521.60-8.19%
IRB Infra₹66.12₹70.16-5.76%
Honasa Consumer₹435.60₹457.95-4.88%
Narayana Hrudayalaya₹1254.45₹1304.95-3.87%

Other stocks that struggled include IRB Infrastructure Developers Ltd, Honasa Consumer Pvt Ltd (mamaearth), IndiGo (InterGlobe Aviation), and Narayana Hrudayalaya Ltd, with their shares dropping by 5.76%, 4.88%, 4.32%, and 3.87% respectively.

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