India Cements Rallies 14% To Drive Nifty 500 Higher

On Wednesday, Nifty 500 closed 0.30% higher at 22,436.80 points. 224 companies advanced while 274 companies declined and two remained unchanged.

India Cements emerged as the standout performer of the day, with its stock price soaring by 14.49% to close at ₹262.62, up from ₹229.38.

Top Gainers

StockCurrent PriceLast Close% Change
India Cements₹262.62₹229.3814.49%
CESC₹167.98₹151.4610.91%
Hitachi Energy India₹12630.95₹11414.910.65%
Titagarh Rail Systems₹1764.0₹1618.159.01%
Raymond₹2995.05₹2779.47.76%

CESC and Hitachi Energy India also posted substantial gains, with increases of 10.91% and 10.65% respectively. Titagarh Rail Systems and Raymond rounded of the gainers with increase of 9.01% and 7.76% respectively.

See Also: S N Subrahmanyan Will Succeed A M Naik As Chairman Of L&T Technology

Conversely, CE Infosystems fell 5.55% to ₹2,280 from ₹2,413.90. The stock fell after the company’s co-founder sold stake in the company through block deals.

Top Losers

StockCurrent PriceLast Close% Change
C.E. Info Systems ₹2,280₹2,413.90-5.55%
RattanIndia Enterprises₹83.10₹86.20-3.60%
MCX₹3,804.90₹3,941.60-3.47%
NMDC₹249.40₹258.05-3.4%
Westlife Foodworld ₹849.90₹879.85-3.4%

RattanIndia Enterprises and MCX also fell 3.60% and 3.47% respectively in the session to ₹83.10 and ₹3,804.90. NMDC and Westlife Foodworld closed out the top losers with 3.4% decline each in the session.

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