Hot stocks on August 28, 2023: Texmaco Rail, Zomato, Jio Financial, Suzlon Energy and more

Produced by: Aseem Thapliyal
Designed by: Manoj Kumar

Benchmark indices were trading higher in early deals today (August 28). Sensex gained 126 points to 65,012 and Nifty rose 47 pts to 19,313

Indices trading higher
on August 28 

VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, “August has been weak for global equity markets. In the mother market of the US, S&P 500 is down by 4% so far in August. This weakness has impacted all other markets including the Indian market where Nifty is down by around 2% so far in August. The global economic scenario and the growth, inflation and interest rate trends in the US will continue to determine stock market trends globally. The market will be keenly watching for signals from the RIL AGM today.”

Market will keenly watch RIL AGM today 

Reliance Industries Ltd (RIL) shares were trading on a flat note at Rs 2469 in early deals ahead of the firm’s AGM today. Reliance Industries’ market cap stood at Rs 16.70 lakh crore. Total 0.89 lakh shares of the firm changed hands amounting to a turnover of Rs 21.92 crore on BSE 

Reliance Industries 

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Shares of Texmaco Rail gained 14% to a fresh 52-week high of Rs 149.40 in early deals. Texmaco Rail’s market cap climbed to Rs 4596 crore. Total 4.28 lakh shares of the firm changed hands amounting to a turnover of Rs 6.15 crore on BSE 

Texmaco Rail 

Shares of Zomato rose 6% in early deals amid the heavy trading volumes and platform fees levied by the food delivery aggregator. Over 15.24 crore shares of Zomato worth Rs 1,388.81 crore exchanged hands as of 10 am on Monday

Zomato 

Shares of Jio Financial climbed 4.47% to hit a high of Rs 221.75 on BSE. The JFS stock fell 1.69% on Friday and 5% each on the preceding three sessions

Jio Financial 

BHEL shares zoomed 2.89% to Rs 108.35 in early deals today. BHEL’s market cap climbed to Rs 37,658 crore. Total 9.81 lakh shares of the firm changed hands amounting to a turnover of Rs 10.53 crore on BSE 

BHEL 

Shares of Bharat Electronics rose 2.28% to Rs 136.40 after the PSU defence firm said it has received new defence and non-defence orders worth Rs 3,289 crore during July and August 2023 (till date). Total 3.39 lakh shares of the firm changed hands amounting to a turnover of Rs 4.59 crore on BSE. Market cap of the firm rose to Rs 99,486 crore

BEL 

Shares of renewable energy firm Suzlon Energy Ltd zoomed to a fresh 52-week high in early trade today. Suzlon Energy stock gained 4.95% to Rs 23.49 on BSE against the previous close of Rs 22.38. Market cap of Suzlon Energy climbed to Rs 31,861 crore

Suzlon Energy 

Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Business Today. Investors should consult their financial advisors before taking any position

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