Benchmark indices Nifty, Sensex ended higher on August 23, led by metal, bank, capital goods and realty stocks. Hindalco Industries, Axis Bank, ICICI Bank, SBI and L&T were among the top gainers on the Nifty, while losers were Adani Enterprises, Adani Ports, Sun Pharma, Bharti Airtel and Tata Motors.
Shares of Crompton Greaves Consumer Electricals jumped around 4% on Wednesday after recent investor meetings and the announcement of a new business strategy led to positive ratings from brokerage houses. The scrip closed at Rs 308.55
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Shares of BEML rallied 4 percent to hit the 52-week high of Rs 2,169 in early trade on August 23 as the company bagged an order worth Rs 101 crore from the Ministry of Defence (Army) for the supply of Command Post Vehicles. The stock ended at Rs 2,182.10
Shares of Hindalco Industries jumped more than 3% intraday on August 23 after the company’s announcement that it plans to invest a total of Rs 4,000 crore in an extrusion facility for freight wagons and coaches and a copper and e-waste recycling plant. The scrip closed at Rs 460.90
Shares of Larsen and Toubro gained over 1% to hit an all-time high of Rs 2,726 NSE today after the company secured a Rs 2,500-crore contract for setting up a 2.3-MMTPA urea plant for Perdaman Chemicals and Fertilizers Pty in Australia. The scrip ended at Rs 2,718.10
Shares of Shriram Properties spurted over 7% on Wednesday after foreign firm Omega TC Sabre Holdings Pte Limited sold a further 2.29% stake, or 39 lakh shares, in the real estate developer. The scrip closed at Rs 86.15
Shares of Polycab India jumped around 3% after the company issued a comfort letter to HDFC Bank for the enhanced borrowing facility from Rs 52 crore to Rs 89.97 crore to be availed by subsidiary Tirupati Reels. The scrip closed at Rs 5,127.00
Shares of Jio Financial Services (JFS) hit lower circuit for the straight third session in a row. The series of circuits has resulted in a delay in its exclusion from the stock indices, including BSE Sensex and Nifty50. The scrip closed at Rs 224.65
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