Tejas Network Surges 12% As Nifty 500 Bounces Back After 3 Sessions Of Pain

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...
Posted In: EquitiesNewsMarketsMoversGainers And LosersNifty 500