Nifty 500 Gainers: PSU Stock Surges 10% After Export Order

On Monday, Nifty 500 rose rose 0.74% to 22,727.60. 360 companies advanced while 130 declined.

Cholamandalam Financial Holdings emerged as the day’s standout performer, with its stock price soaring by 10.72% to close at ₹1609.30, up from ₹1453.50.

Top Gainers

StockCurrent PriceLast Close% Change
Cholamandalam Holdings₹1609.30₹1453.5010.72%
Garden Reach Shipbuilders₹2306.50₹2099.109.88%
Mahanagar Gas₹1746.80₹1596.909.39%
Home First Finance₹1126.30₹1035.508.77%
PB Fintech₹1517.15₹1397.258.58%

Garden Shipbuilders and Mahanagar Gas also recorded impressive gains, with their stock prices increasing by 9.88% and 9.39%. Gardenreach Shipbuilders gained after winning a ₹174 crore order from Bangladesh. Home First Finance and PB Fintech were the other gainers ending the session with an 8.78% and 8.58% gain respectively.

The PSU stock rocketed after bagging the order.

See Also: TVS Motor Sees 5% Jump In Sales At 3.33 Lakh In June

Conversely, Motilal Oswal Financial Services experienced the largest drop, decreasing by 3.75% to close at ₹591.50 from ₹614.55.

Top Losers

StockCurrent PriceLast Close% Change
Motilal Oswal Financial Services₹591.50₹614.55-3.75%
India Cements₹283.00₹293.57-3.60%
Medanta₹1270.55₹1308.30-2.89%
Torrent Power₹1456.45₹1498.40-2.80%
Prestige Estates₹1840.40₹1892.60-2.76%

India Cements and Medanta also saw notable declines in their stock prices of 3.60% and 2.89% respectively. Torrent Power and Prestige Estates closed 2.8% and 2.76% respectively closing off the losers in today’s session.

Read Next: JM Financial Says NTPC, Trent Headed For Correction, Infosys, Vodafone Idea On Verge Of Breakout


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Posted In: EquitiesNewsMarketsMoversTrading IdeasCholamandalam Financial HoldingsGainers And LosersMotilal Oswal Financial ServicesNifty 500

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