Gainers & losers: Stocks and sectors that moved the most on July 25

About 1,780 shares rose, 1,646 fell, and 77 were unchanged.

In a choppy trading session, Nifty and Sensex recovered sharply after a poor start, driven by a gains in auto and pharma stocks. At the close, the Sensex fell 109.08 points, down 0.14 percent to 80,039.80, and the Nifty declined 7.40 points, largely flat at 24,406.10. Around 1,780 stocks rose, while 1,646 declined, and 77 remained unchanged. The mid and smallcap indices dropped 0.7 percent and 0.2 percent , respectively. Despite this, many experts see valuation comfort in large caps. , while the volatility index (VIX) surged over 8 percent to nearly 13.

Suzlon Energy | CMP: Rs 62.01 | The stock gained over 2 percent, extending gains for a fourth straight session to hit multi-year high on July 25. The counter has been seeing a sharp rally since it reported stellar earnings earlier this week for the quarter ended June 2024.

KPIT Technologies | CMP: Rs 1,789.90  | The stock fell 3.5 percent as brokerages remained divided after its quarterly earnings. Some analysts are positive on the stock and suggest the stock may reach Rs 2,100 level on the back of a healthy order book, while others suggest that the counter may fall up to 40 percent on the back of rich valuations.

RBL Bank | CMP: Rs 230.65 | Shares fell 3 percent after a 7.95 percent stake was sold through a block deal. The transaction, worth Rs 1,100 crore, likely saw private equity firm EQT (formerly Baring PE Asia) exit the lender.Around 4.8 crore shares of RBL Bank changed hands at an average price of Rs 229.50, implying an 3.5 percent discount to the previous closing price of the stock.

Axis Bank | CMP: Rs 1,176.25 | Shares took a 5 percent dive after the lender reported its April-June earnings which highlighted its worsening asset quality. The lender reported a sharp spike in its net profit, which came at Rs 6,035 crore for Q1 FY25, up from Rs 3,452 crore in the year ago period. Even though this net profit came in well above the Street's estimate of Rs 5,797 crore, it was the rise in non-performing assets that worried investors. Sequentially, the lender's gross non-performing assets rose 11 basis points to 1.54 percent in Q1 while net non-performing assets were up 3 basis points to 0.34 percent.

RVNL | CMP: Rs 576.40 | Shares fell 3 percent amid profit booking despite the company receiving a Letter of Acceptance (LoA) for a project worth Rs 191.53 crore from South Eastern Railway. It is worth noting that RVNL was among the multibagger railway stocks that experienced a sharp decline following Union Budget 2024 as there was limited focus on the sector.

Larsen & Toubro | CMP: Rs 3,622 | Shares rose 3 percent after brokerages either retained bullish calls on Larsen & Toubro (L&T) or raised target prices on the stock after the company's fiscal first quarter earnings (Q1FY25) beat Street estimates, albeit marginally. According to analysts, L&T has a dominant position and market share in most operating verticals which imparts flexibility to cherry-pick projects, which helps optimise overall business profitability. Larsen and Toubro's consolidated net profit for the quarter ended June 2024 jumped 12 percent on-year to Rs 2,786 crore, and its revenue from operations rose 15 percent YoY to Rs 55,120 crore.

Tata Motors | CMP: Rs 1,089 | Shares surged 6 percent after international brokerage Nomura upgraded the stock with a 'buy' recommendation, as it sees multiple levers of growth. The analysts have assigned a target price of Rs 1,294. This implies an upside potential of 26 percent from the current market levels. In the past month, the shares of the company have rallied 13 percent. It said that potential significant upsides from Jaguar Land Rover's (JLR) execution and the demerger of commercial vehicles (CVs) from the passenger vehicle (PV) are value-unlocking catalysts.

IDBI Bank | CMP: Rs 101.70 | Shares soared over 4 percent, extending gains for the second day after DIPAM secretary stated that the Reserve Bank of India’s (RBI’s) vetting process to ascertain potential bidders for IDBI Bank is at an advanced stage.

Nestle India | CMP: Rs 2,478 | Shares slipped 2.5 percent after the company announced its Q1FY25 results. The FMCG major’s profit rose 6.92 percent on-year to Rs 746.6 crorein Q1 as compared to Rs 698.3 crore in the same quarter a year ago. Its revenue grew 3.3 percent to Rs 4,813.9 crore in the June quarter of FY25.

PG Electroplast | CMP: Rs 451.80 | Shares soared 13 percent after the company reported a 151.2 percent jump in its net profit to Rs 84.93 crore in the June quarter on the back of strong operational performance. Its net profit was at Rs 33.81 crore in the year ago period. Revenue for the quarter rose 94.9 percent on year at Rs 1,320.68 crore.