Defence Stock Rallies 13% To Lead Nifty 500 Gainers

On Tuesday, Nifty 500 rose 0.52% to 22,329.60. 301 companies advanced while 197 companies declined and 2 remain unchanged. Garden Reach Shipbuilders & Engineers (GRSE) soared to new heights and Chemplasts Sanmar experienced a notable drop.

GRSE emerged as the top performer, with its stock price surging by 13.35% to close at ₹1,847.55, up from ₹1,630.00. This remarkable increase highlights the stock’s strong market presence and potential growth prospects.

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Top Gainers

StockCurrent PriceLast Close% Change
Cochin Shipyard₹2320.8₹2122.359.35%
Metro Brands₹1252.75₹1150.28.92%

Following GRSE, FACT (Fertilizers and Chemicals Travancore) also saw a significant rise, with an 11.14% increase to ₹866.80. Other notable gainers included MMTC, Cochin Shipyard, and Metro Brands, which posted gains of 9.94%, 9.35%, and 8.92%, respectively.

Conversely, Chemplast Sanmar faced the most significant decline, with its stock falling by 4.62% to ₹592.80, down from ₹621.50. This drop marked it as the biggest loser of the day.

Top Losers

StockCurrent PriceLast Close% Change
Chemplast Sanmar₹592.8₹621.5-4.62%
Kalpataru Projects₹1165.0₹1220.2-4.52%
Gujarat Ambuja Exports₹141.81₹148.35-4.41%
KNR Constructions₹372.05₹388.7-4.28%
Sumitomo Chemical₹478.7497.55-3.78%

Other stocks that struggled include Kalpataru Projects, Gujarat Ambuja Exports, KNR Constructions, and Sumitomo Chemical experiencing declines of 4.52%, 4.41%, 4.28%, and 3.78%, respectively.

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