On Tuesday, Nifty 500 closed 0.37% higher at 22,370.65. 208 companies advanced while 290 declined and 2 remained unchanged.
Amara Raja Energy and Mobility led the day’s gainers with an impressive 19.29% surge in its stock price, closing at ₹1646.20, up substantially from ₹1380.05. The stock gained after signing a technical licensing agreement with China’s Gotion. LIC owns around 6.75% stake in the company.
See Also: Why Is Moody’s Worried About India’s Water Crisis? Steel, Coal Most At Risk
Top Gainers
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Amara Raja | ₹1646.2 | ₹1380.05 | 19.29% |
| Craftsman | ₹5463.8 | ₹4830.75 | 13.10% |
| GRSE | ₹1946.05 | ₹1753.1 | 11.01% |
| Raymond | ₹2779.4 | ₹2610.8 | 6.46% |
| Welspun Corp | ₹541.75 | ₹512.35 | 5.74% |
Craftsman Automation also made headlines with a 13.10% jump to ₹5463.80. Garden Reach Shipbuilders, Raymond, and Welspun Corp rounded out the top gainers, with their stocks climbing 11.01%, 6.46%, and 5.74% respectively, highlighting strong performances across diverse sectors.
Conversely, the session wasn’t favourable for all, with Happiest Minds Technologies seeing the most substantial drop of 9.46%, closing at ₹830.55 from a previous ₹917.35.
Top Losers
| Stock | Current Price | Last Close | % Change |
|---|---|---|---|
| Happiest Minds | ₹830.55 | ₹917.35 | -9.46% |
| Macrotech Developers | ₹1480.3 | ₹1548.95 | -4.43% |
| United Breweries | ₹1996.0 | ₹2082.3 | -4.14% |
| Oberoi Realty | ₹1829.3 | ₹1906.9 | -4.07% |
| Railtel | ₹474.95 | ₹494.95 | -4.04% |
Macrotech Developers, United Breweries, Oberoi Realty, and Railtel also faced downturns of between 4.43% and 4.04%.
Read Next: Stanley Lifestyles IPO Day 3: Subscriptions Climb Over 44 Times, Check Latest GMP
Engineered by Benzinga Neuro, Edited by Ananthu CU
The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.