Hot stocks on July 6, 2023: JBM Auto, Reliance Power, YES Bank, Suzlon Energy and more

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Indices see early gains

Benchmark indices rose in early deals today. Sensex gained 78 pts to 65,524 and Nifty added 22 pts to 19,421 [{ "selector": ".nbzcf-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 457px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".nzjgx-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Market awaits Q1 earnings
for further cues

VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, “An important trend in the market is the surge in retail investor participation as indicated by the sharp increase in new demat accounts (2.36 million) opened in June. New retail investors jumping on to the market band wagon normally happens at the peak of a rally. This is a sign of caution. The FPI liquidity driven rally is showing signs of losing steam. Stay invested in high quality large-caps. Wait for the Q1 results for direction.” [{ "selector": ".tcrxr-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 315px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".oofsp-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

KEC International

Shares of KEC International Ltd hit a record high after the infrastructure engineering, procurement, and construction (EPC) major firm said it has received new orders worth Rs 1,042 crore across its various businesses. The stock touched a record high of Rs 604.35 on BSE [{ "selector": ".trfpo-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 395px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".bxlpj-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

HPL Electric

Shares of multibagger HPL Electric & Power Ltd fell over 5%, a day after hitting 52-week high of Rs 183.65 on BSE. In the previous two sessions, the stock rose 37% after the firm said it received an order worth Rs 902 crore. In the current session, shares of HPL Electric slipped 5.26% to Rs 171.05 on BSE [{ "selector": ".bugxa-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 392px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".arodd-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Suzlon Energy

Shares of Suzlon Energy saw a high turnover in early deals today. A total of 346.62 lakh shares changed hands amounting to a turnover of Rs 58.49 crore. Market cap of Suzlon fell to Rs 20,978 crore. The stock fell 3.15% to Rs 16.91 in early trade [{ "selector": ".crmxe-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(-349.0001331676135px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }, { "selector": ".ejasc-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

JBM Auto

Shares of JBM Auto slipped 14.80% to Rs 1,272.05 on BSE. It was the top BSE loser today. Market cap of JBM Auto fell to Rs 15,616 crore. A total of 1.65 lakh shares changed hands amounting to a turnover of Rs 22.65 crore [{ "selector": ".oseos-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 418px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".ksrok-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

YES Bank

Shares of YES Bank saw a high turnover in early deals today. A total of 202.89 lakh shares changed hands amounting to a turnover of Rs 35.68 crore. Market cap of YES Bank climbed to Rs 50,408 crore. The stock climbed over 2% to Rs 17.53 in early trade [{ "selector": ".lulka-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 418px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".dfxnd-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Reliance Industries

Shares of Reliance Industries saw a high turnover in early deals today. A total of 1.88 lakh shares changed hands amounting to a turnover of Rs 49.21 crore. Market cap of Reliance Industries rose to Rs 17.85 lakh crore. The stock gained over 2% to Rs 2,644.30 in early trade [{ "selector": ".sxocp-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 416px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".zjogp-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Reliance Power

Shares of Reliance Power rose 6% to Rs 15.24 in early trade today. It opened flat at Rs 14.38 against the previous close of Rs 14.37 on BSE. Market cap of the firm rose to Rs 5,670 crore. It was among the top gainers on BSE today [{ "selector": ".ltiqf-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 416px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".klxte-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Disclaimer

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 [{ "selector": ".zmrab-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 410px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".diplc-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

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