TCS, Infosys, Other IT Stocks Help Nifty Halt 2-Day Losing Streak

The top five performers included Bharat Petroleum Corporation Limited, Tech Mahindra (TECHM), Infosys, HCL Technologies, and Tata Consultancy Services.

Leading the pack, TCS saw a 2.34% rise, with the current price standing at ₹4295.25, a significant improvement from the last close at ₹4196.95. Following closely, HCL Technologies also made notable strides with a 2.10% increase, pushing its current price to ₹1626.15 from the previous close of ₹1592.65.

StockCurrent PriceLast Close% Change
Tata Consultancy Services (TCS)₹4295.25₹4196.952.34%
HCL Technologies (HCLTECH)₹1626.15₹1592.652.1%
Infosys (INFY)₹1823.25₹1797.451.44%
Tech Mahindra (TECHM)₹1524.4₹1503.41.4%
Bharat Petroleum Corporation Limited (BPCL)₹325.05₹321.71.04%
StockCurrent PriceLast Close% Change
Divi’s Laboratories (DIVISLAB)₹4662.0₹4861.8-4.11%
Hero Motocorp (HEROMOTOCO)₹5072.45₹5245.5-3.3%
Coal India (COALINDIA)₹504.7₹521.75-3.27%
UltraTech Cement (ULTRACEMCO)₹11002.6₹11271.2-2.38%
Oil and Natural Gas Corporation (ONGC)₹328.15₹335.9-2.31%

Other gainers included Infosys with a 1.43% increase, Tech Mahindra with a 1.39% rise, and Bharat Petroleum Corporation Limited with a 1.04% gain. Their current prices stand at ₹1823.25, ₹1524.40, and ₹325.05 respectively.

However, it wasn’t a sunny day for all stocks. The bottom five performers of the day included Divi’s Laboratories (DIVISLAB), Hero Motocorp, Coal India, UltraTech Cement, and Oil and Natural Gas Corporation.

See Also: Tata Steel, SAIL, Coal India And Other Steel And Mining Stocks Down After This SC Judgement

The biggest loser of the day was Divi’s Laboratories (DIVISLAB), which saw a 4.10% decrease, bringing its current price down to ₹4662.00 from the last close of ₹4861.80.

However, the most notable slump was seen in Hero Motocorp (HEROMOTOCO), which fell by 3.29% to ₹5072.45 from ₹5245.5. This comes after Hero Motocorp’s Q1 results missed estimates, leading to mixed views from brokerages. Despite a 36.12% YoY increase in net profit and a 15.69% rise in revenue, the numbers fell short of analyst estimates, causing a dip in share prices.

Other laggards included Coal India (COALINDIA) with a 3.26% decrease, UltraTech Cement (ULTRACEMCO) with a 2.38% fall, and Oil and Natural Gas Corporation (ONGC) with a 2.30% drop. Their current prices stand at ₹504.70, ₹11002.60, and ₹328.15 respectively.

Read Next: After RVNL, IRCON, Texmaco Rail Also Sees Orderbook Contract In Q1


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