Tejas Network Surges 12% As Nifty 500 Bounces Back After 3 Sessions Of Pain
Take Stock Of The Week Ahead

Get all the latest Share Market trends and news to set you up for the week ahead.

On Wednesday, Nifty 500 rose 1.81% to 22,848.90. 432 stocks gained while 67 declined and one remained unchanged.

Tejas Networks, the top gainer, saw its stock price surge by a whopping 12.11% to ₹1,290.45, up from its last close at ₹1,151.05. This significant leap has put the stock in the spotlight for the day.

CompanyCurrent PriceLast Close% Change
Tejas Networks₹1290.45₹1151.0512.11%
HFCL₹137.90₹123.6511.52%
Jubilant Ingrevia₹670.50₹605.4510.74%
Sterlite Technologies₹143.84₹132.198.81%
Ramkrishna Forgings₹931.70₹860.858.23%

Following closely was HFCL, which registered an impressive 11.52% increase. The stock closed at ₹137.90, a noticeable jump from its previous close at ₹123.65.

See Also: Unicommerce IPO: Subscriptions At 11.18 Times, GMP Jumps

Other notable gainers included Jubilant Ingrevia, Sterlite Technologies, and Ramkrishna Forgings.

Jubilant Ingrevia saw a 10.74% rise, closing at ₹670.50, while Sterlite Technologies and Ramkrishna Forgings experienced gains of 8.81% and 8.23%, respectively.

On the flip side, EIH was the biggest loser of the day, with its stock price falling by 4.25% to ₹379.80, down from its last close at ₹396.65.

CompanyCurrent PriceLast Close% Change
EIH ₹379.80₹396.65-4.25%
Archean Chemical Industries₹680.35₹709.15-4.06%
Shree Cements₹25,098.60₹26,101.35-3.84%
Gland Pharma₹2,027.90₹2,106.95-3.75%
Varroc Engineering₹583.05₹603.45-3.38%

Close on its heels was Archean Chemical Industries, which saw a decrease of 4.06%, closing at ₹680.35. Other stocks that saw a downturn on Wednesday include Shree Cements, Gland Pharma and Varroc Engineering, with declines of 3.84%, 3.75%, and 3.38%, respectively.

Read Next: Cochin Shipyard’s Share Price Band Revised Upwards By Exchanges


Engineered by Benzinga Neuro, Edited by Ananthu CU


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Comments
Loading...