Benchmark indices Nifty50, Sensex indices ended lower on July 24 with Nifty below 19,700. Top losers for the day on the Nifty were ITC, Kotak Mahindra Bank, Tech Mahindra, Reliance Industries and Britannia Industries, while gainers were IndusInd Bank, SBI Life Insurance, Dr Reddy's Laboratories, Bajaj Finserv and M&M. Check buzzing stocks in afternoon trade today
Shares of SJVN Ltd surged 17% to hit a fresh 52-week high of Rs 58.10 on NSE today after the power producer said it bagged a contract from Punjab State Power Corporation Ltd (PSPCL) for the development and procurement of 1,200 MW of solar power entailing an investment of Rs 7,000 crore. The scrip closed at Rs 57.20
Shares of Aarti Drugs zoomed 19% today to hit a 52-week high of Rs 612.45 on NSE after the company posted strong results for the quarter ended on June 30, 2023 (Q1 FY24). Profit after tax (PAT) jumped 38% in Q1 FY24 to Rs 48 crore as against Rs 34.80 crore in the year-ago period. The scrip closed at Rs 603.90
Shares of REC Ltd jumped more than 7% to hit a 52-week high of Rs 175.65 on NSE after SJVN inked an initial pact with REC for securing finance of Rs 50,000 crore for projects of its subsidiaries and joint ventures. REC will provide financial assistance to set up new power generating stations based on conventional and renewable sources of energy. The scrip closed at Rs 172.65
RITES stock touched a 52-week high of Rs 502 on NSE after the company received a Rs 500-crore order from Mozambique. The Indian company has emerged as the lowest bidder in the tenders for procurement of locomotives and wagons by CFM, Mozambique. The order includes the supply of 10 locomotives and 150 wagons for Rs 500 crore. The scrip closed at Rs 483.50
Shares of Tejas Networks slumped 8% to hit an intraday low of Rs 777 on NSE after the company's net loss widened sequentially in the April-June quarter. The company posted a consolidated net loss of Rs 26.3 crore for the April-June period, surpassing a loss of Rs 11.5 crore recorded in the previous quarter. The scrip closed at Rs 774
Shares of NHPC rose 6% to hit a fresh 52-week high of Rs 51.30 on NSE as the Arunachal Pradesh government has approved the allotment of Subansiri Upper HE Project (2000 MW) and Kamala HE Project (1800 MW) to the company. The scrip closed at Rs 49.90
Dodla Dairy shares jumped more than 10% to touch an all-time high of Rs 898.90 on NSE today after the company achieved its quarterly revenue milestone of Rs 800 crore for the first time in the April-to-June quarter. The company reported a 40% YoY increase in net profit and an over 14% jump in revenue for the June quarter. The scrip closed at Rs 830.10
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