RVNL Shares Race 12% To Lead Nifty 500 Gainers

On Wednesday, Nifty 500 closed 0.39% down at 22,977.65. 184 companies gained while 314 companies declined and 2 remained unchanged.

RVNL topped the gainers with a significant 12.38% increase, closing at ₹609.95, up from its previous close. RVNL surged after the company signed MoUs with Tatweer Middle East and Africa and IMS Consultancy Private. The company also teamed up with Siemens to provide cutting-edge rail electrification technologies for Bengaluru Metro Rail Corporation Limited (BMRCL).

Indigo Paints also saw a notable surge, with its stock price rising by 10.65% to ₹1538.20.

See Also: BHEL Sees FII Holding Jump In June Quarter, LIC Trims Stake

Rajesh Exports, Capri Global Capital and Vardhman Textiles are the other top gainers with rises of 10.11%, 5.30% and 5.04% respectively.

Top Gainers:

CompanyCurrent PriceLast Close% Change
RVNL₹609.95₹542.7512.38%
Indigo Paints₹1538.20₹1390.1010.65%
Rajesh Exports₹315.35₹286.4010.11%
Capri Global Capital₹225.62₹214.275.30%
Vardhman Textiles₹531.65₹506.155.04%

On the other end of the spectrum, Blue Star encountered the most significant drop, decreasing by 7.27% to ₹1711.05. M&M followed with a 6.61% decrease, ending the day at ₹2732.00.

Top Losers:

CompanyCurrent PriceLast Close% Change
Blue Star₹1711.05₹1845.20-7.27%
M&M₹2732.00₹2925.50-6.61%
FACT₹1047.15₹1105.35-5.27%
Bombay Burmah Trading Corporation₹2258.60₹2379.85-5.09%
RCF₹219.78₹230.77-4.76%

Other stocks that experienced notable declines include FACT, Bombay Burmah Trading Corporation, and RCF, with their prices falling by 5.27%, 5.09%, and 4.76%, respectively.

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