Top gainers and losers today: Stocks that moved the most on April 29

Top gainers and losers

Benchmark indices ended the trading session on April 29 on a flat note, with Sensex up 70 points at 80,288 and Nifty at 24,336 at close. Escalating tensions between India and Pakistan, coupled with tariff-related geopolitical uncertainties continued to weigh on the market.

Among sectors, Nifty IT recorded the biggest gains, with the index closing 1.23 percent higher at 35,920. Nifty Pharma was the top loser, closing over a percent lower.

Here's a list of the stocks which recorded strong gains and losses:

Bharat Electronics (BEL)

Shares of aerospace and defence company Bharat Electronics (BEL) surged 4% intraday to hit a four a month high.

Malu Paper Mills

Malu Paper Mills shares jumped 20% in today’s session, experiencing a notable uptick in stock price, primarily driven by a significant surge in trading volumes.

Reliance Industries

Reliance Industries' shares gained another 3% after yesterday’s rally. The strong growth in the digital, retail, and oil-to-chemicals sectors drove the positive quarterly earnings, sparking bullish sentiment among brokerages.

Whirlpool India

Whirlpool India's shares surged 10% following reports that leading private equity firms Advent and Bain Capital are considering acquiring a stake in the company. The firm has reportedly approached these investors regarding the potential sale of 31% stake in its Indian subsidiary.

UCO Bank

UCO Bank shares rose 4% after the lender reported a net profit of Rs 652 crore for the March quarter of FY25, marking a rise of nearly 24 percent on year, while the interest income surged over 15 percent YoY to Rs 6,745 crore.

Varun Beverages

Varun Beverages shares dropped 1.08% amidst a significant surge in trading volume, suggesting heightened market activity and investor interest.

TVS Motor Company

TVS Motor Company's stock declined by approximately 3% during the trading session. There is a "Buy" recommendation from Emkay Global Financial Services, with a target price of Rs 2,800 for the stock.

Tata Technologies

Tata Technologies shares fell by 6% to Rs 662.25 after a ‘sell’ rating from ICICI Securities. The brokerage remained bearish on Tata Technologies with a target price of Rs 510 after the company reported a sharp QoQ revenue decline of 4.7% in Q4FY25.

Macrotech Developers

Shares of Macrotech Developers fell by nearly 2% following a "Hold" rating from ICICI Securities, which set a target price of Rs 1,264 per share. The brokerage said the company has made significant progress in reducing its debt, but the Mumbai real estate market faces challenges such as rising interest rates and potential demand slowdown.

Dr. Lal Path Labs

Dr. Lal Path Labs shares declined 2% following a "Hold" rating from ICICI Securities, which set a target price of Rs 2,900 per share.

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