RVNL, Yes Bank Shares Surge Up To 17% To Lead Nifty 500 Gainers

On Friday, Nifty 500 gained 0.32% to 22,987.65. 293 companies advanced while 206 companies declined and 1 remained unchanged.

Leading the pack of gainers is RVNL, with a whopping 17.27% increase, closing at ₹491.05. The strong performance pushed the stock past the ₹1 lakh crore market capitalisation.

Top Gainers:

CompanyCurrent PriceLast Close% Change
Yes Bank₹26.64₹23.9511.23%
Vardhman Textiles₹535.9₹485.1510.46%

Not far behind is Yes Bank, which saw an 11.23% surge, ending the trading day at ₹26.64. This is a significant jump from its last close at ₹23.95.

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Other notable gainers include Vardhman Textiles and IRCON, which climbed 10.46% and 10.01% respectively. IRCON rose after winning a ₹750 crore order from RVNL. Raymond also had a good run, with a 9.85% increase in its stock price. Raymond gained after the firm announced it was going to demerge its realty business.

On the flip side, HDFC Bank was the biggest loser of the day, with a 4.58% drop in its stock price. The bank’s shares closed at ₹1648.10, down from its last close at ₹1727.15. HDFC Bank’s shares fell after it reported softer business numbers in the first quarter.

Top Losers:

CompanyCurrent PriceLast Close% Change
HDFC Bank₹1648.1₹1727.15-4.58%
AstraZeneca Pharma₹6,860₹7,128.85-3.45%
Grindwell Norton₹2,850₹2,950.95-3.42%
Medplus Health Services₹670₹689.90-2.88%
Brigade Enterprises₹1,350₹1384.6-2.5%

Other stocks that faced a downturn include AstraZeneca Pharma, Grindwell Noron, Medplus Health Services, and Brigade Enterprises. These stocks saw a decrease in their prices by 3.45%, 3.42%, 2.88%, and 2.50% respectively.

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