Biggest gainers & losers of the day: Infibeam soars 19%; AU Bank tanks 13%


New Delhi: Domestic equity markets continued to scale new peaks on Tuesday, thanks to all-round buying on Dalal Street, led by IT and pharma stocks. Broader markets underperformed during the session but did not disappoint investors.

Equity investors grew richer by Rs 2.7 lakh crore as the total marketcap of BSE-listed companies was just shy of Rs 250 lakh crore.

The 30-share pack Sensex rose 662.63 points or 1.16 per cent to close at 57,552.39. Its broader peer NSE Nifty climbed 201.15 points or 1.19 per cent to 17,132.20. Sensex climbed to the 57,000 mark for the first time ever, while Nifty scaled 17,000 level.

Infibeam Avenues and Parag Milk Food stole the show as both stocks gained more than 10 per cent, whereas AU Small Finance Bank settled with double digit cuts. Airtel and realty stocks continued to extend their gains.

Here is a look at some of the biggest movers and shakers of Tuesday’s session:

TOP GAINERS OF THE DAY

Infibeam Avenues: The internet software service provider soared 19 per cent to Rs 47.30 on the back of strong technical set up. The traded volume jumped manifold during the session, compared to the daily average on BSE.

Parag Milk Foods: The dairy products producer zoomed 12 percent to Rs 132.75 ahead of its dividend distribution, whose record date has been fixed as September 8, 2021.

Computer Age Management Services: The financial service player surged 8 per cent to Rs 3855 ahead of its investor/analysts call scheduled with two global players. The company is set to host Hong Kong-based Fidelity Management & Research and New York’s Royce Investment Partners on Tuesday.

Max Healthcare Institute: The healthcare facilities chain added 8 per cent to 385.75 as the euphoria continued over the acquisition of exclusive rights to aid development and provide medical services to a 500-bed hospital to be built in Saket (South Delhi) through its wholly owned subsidiary Alps Hospital.

Realty Stocks: Realty stocks extended their gains amid high demand for the sector. Hemisphere Properties India and Brigade Enterprises added 7 per cent each to Rs 133.60 and Rs 333.85 respectively.

Bharti Airtel: After strong management commentary and fundraising plans of Rs 21,000 via rights issue, the telecom player remained in the buzz as the media reports speculated over the investment from Google in the company. The scrip settled at Rs 7, 663.70 per cent higher.

TOP LOSERS OF THE DAY

AU Small Finance Bank: The private lender tanked 13 per cent to Rs 1,130.75 after its chief risk officer resigned citing personal reasons. However, the board of the bank has approved the appointment of his replacement.

Sandur Manganese & Iron Ore: The mining company shed 6 per cent to Rs 1,656.25 as the company announced September 15 as the cut-off date for the eligible members for the annual general meeting.

Datamatics Global Services: The IT software company witnessed profit booking after a sharp rally of 25 per cent in the last one week. The scrip settled at Rs 315.30, 5 per cent lower.

Ramkrishna Forgings: The industrial products maker declined 3 per cent to Rs 991 ahead of its investor/analysts meeting scheduled with Axis Securities through teleconference and video conference.



Source link

Share Market Today
Logo