Railway, Defence Stocks Surge Up To 13% To Lead Nifty 500 Gainers
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On Monday, Nifty 500 gained 0.44% to 23,394.20.

RITES emerged as the day’s star performer, witnessing a significant 13.79% surge, closing at ₹759.15. RITES gained ahead of its board meeting to consider the issue of bonus shares.

This was closely followed by Bandhan Bank, which saw an impressive 13.69% rise, ending the day at ₹218.87. Mazagon Dock Shipbuilders also showcased a robust performance with a 9.92% increase to ₹5,340.40. RVNL and IRCON made up the rest of the gainers with a 9.77% and 8.92% gain.

See Also: RVNL Bags ₹739 Cr Order From Himachal Pradesh State Electricity Board

Top Gainers:

CompanyCurrent PriceLast Close% Change
RITES₹759.15₹667.1513.79%
Bandhan Bank₹218.87₹192.5013.69%
Mazagon Dock Shipbuilders₹5,340.40₹4,858.159.92%
RVNL₹606.30₹552.359.77%
IRCON₹299.10₹274.608.92%

Conversely, Laxmi Organic Industries faced the most substantial downturn, with a 5.24% drop, closing at ₹257.45. Equitas Small Finance Bank also experienced a significant setback, decreasing by 5.19% to end at ₹82.44. Latent View Analytics, New India Assurance and CSB Bank made up the rest of the losers with a 4%, 3.92% and 3.81% decline.

Top Losers:

CompanyCurrent PriceLast Close% Change
Laxmi Organic Industries₹257.45₹271.70-5.24%
Equitas Small Finance Bank₹82.44₹86.96-5.19%
Latent View Analytics₹521.15₹542.85-4.00%
The New India Assurance₹280.28₹291.73-3.92%
CSB Bank₹344.55₹358.20-3.81%

Read Next: HAL, BEL, Mazdock, Other Defence Stocks Surge Up To 7% — Budget Blues Over?


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