Benchmark indices ended lower on August 2 with Nifty below 19,550. Biggest losers on the Nifty were Hero MotoCorp, Tata Motors, Tata Steel, NTPC and Eicher Motors, while gainers were Divis Labs, Nestle India, HUL and Asian Paints. Check stocks that buzzed in trade today
Shares of Star Cement surged more than 9% to hit a 52-week high of Rs 162.95 on NSE today. Brokerage firm ICICI Direct has a ‘buy’ call on Star Cement with a target price of Rs 185 per share. The scrip closed at 161.55
Shares of Strides Pharma fell more than 7% to hit an intraday low of Rs 443.85 on NSE today after the Board of directors of Strides Pharma Science approved the scheme of amalgamation for merger of Vivimed Life Sciences Private Ltd, a wholly-owned subsidiary, with the company. The stock ended at Rs 446.25
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Shares of SpiceJet jumped around 7% to hit an intraday high of Rs 32.25 on BSE amid reports that the airline has reportedly sought shareholders' approval to issue a 5.91% stake to Carlyle Aviation Partners--the aircraft financing unit of Carlyle Group. As per reports, the lessors have valued the airline’s share at Rs 48 per equity share. The counter closed at Rs 31.55
Shares of Sula Vineyards tanked more than 8% today to hit an intraday low of Rs 472.55 on NSE today, after receiving an excise duty notice for Rs 116 crore from the Maharashtra excise department on Tuesday. The scrip ended at Rs 474.40
Shares of Redington Ltd slipped around 10% to hit an intraday low of Rs 163.10 on NSE after the company’s June quarter net profit declined year-on-year. The firm reported a 21.2% YoY decline in net profit at Rs 248.8 crore for Q1FY24 as against Rs 315.8 crore reported in corresponding period last year. The scrip closed at Rs 164
Shares of Sanghi Industries fell nearly 5% to hit an intraday low of Rs 96.55 on NSE amid reports that Adani Group-owned Ambuja Cements is all set to acquire a majority stake in operations of Sanghi Industries. The exact stake percentage and transaction amount are not known as of now. The scrip closed at Rs 100.40
Adani Power shares fell around 4% to hit an intraday low of Rs 260.60 on NSE. A total of 14,925.49 lakh shares changed hands on the counter till 2:40 PM. The scrip closed at
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