Gainers & Losers: 10 stocks that moved the most on December 20

Indian equities extended their losing streak on Friday, with the Nifty 50 tumbling 1,200 points over five consecutive sessions. The selloff was fueled by hawkish signals from the US Federal Reserve, persistent FII outflows, and concerns over stretched valuations, dampening investor sentiment. The index breached key technical support levels, while muted corporate earnings growth further weighed on the market, dimming hopes of a near-term recovery. At the close, the Sensex fell 1,176.46 points or 1.49 percent to 78,041.59, and the Nifty dropped 364.2 points or 1.52 percent to 23,587.50. Market breadth remained weak, with 963 shares advancing, 2,859 shares declining, and 95 shares unchanged.

MTAR Technologies | CMP: Rs 1,725 | Shares surged 6 percent buoyed by the company's latest Rs 226 crore order wins. The company secured these orders for its clean energy and aerospace segments. Out of the total, orders worth Rs 191 crore have been secured for various products from Bloom Energy in the clean energy sector. Other orders worth Rs 35 crore were touted by reputed customers in in the aerospace segment, including names like Rafael, IMI Systems, and IAI.

General Insurance Corporation of India | CMP: Rs 517 | Shares skyrocketed 17 percent driven by a gush of trading volumes. The stock witnessed an upsurge in trading volumes in the counter as around one crore shares changed hands on the exchanges so far, already well ahead of the one-month daily traded average of 14 lakh shares.

Dr Reddy's Labs | CMP: Rs 1,345 | Shares of emerged as one of the top gainer on the Nifty 50, closing the day with 1.5 percent gains. The stock also extended its uptrend to the third consecutive session, clocking in a 9 percent upmove during the period. The stock was also a top gainer in the previous session, even when the overall market bore the brunt of heavy selling. Analysts attributed the recent buying into pharma stocks, including Dr Reddy's to a strategic shift in positions towards defensive plays amid times of uncertainty in the market.

Sagility India | CMP: Rs 45 | International brokerage Jefferies initiated coverage on Sagility India, a business process management (BPM) company, with a "Buy" rating and a target price of Rs 52 per share. From the previous session's closing price of Rs 43.9, Jefferies' price target implies a potential upside of around 18 percent. As a result, shares of the firm jumped 3 percent in trade.

Brainbees Solutions | CMP: Rs 625 | FirstCry operator Brainbees Solutions Ltd. gained 3 percent in the morning session as domestic brokerage JM Financial kicked off coverage on the stock with a bullish 'buy' tag, seeing a target price of Rs 692. The price target implies an upside potential of 14 percent from the previous session's closing price.

Gravita India | CMP: Rs 2,326 | Shares slipped over 3 percent after the firm's board of directors approved a Qualified Institutions Placement (QIP) to raise up to Rs 1,000 crore. The board approved the issue price for 47,70,537 equity shares at Rs 2,096.20 per share, including a premium of Rs 2,094.20. This price reflects a Rs 110.29 discount (5 percent) on the floor price of Rs 2,206.49, as permitted under SEBI regulations.

Siemens India | CMP: Rs 6,885 | Shares of Siemens were sharply lower by over 10 percent, after analysts were disappointed by the fine print of the investor call, which alluded to a stagnant private capex, and concerns regarding supply chain for digital industries. In the call with analysts, the company confirmed that the 'private capex has not picked up meaningfully', souring the sentiment for the share price.

NTBCL | CMP: Rs 18.52 | Shares of NTBCL ended sharply lower by 5 percent, after the Supreme Court on said awarding contract to private firm Noida Toll Bridge Company Ltd (NTBCL) to collect toll from vehicles plying on Delhi-Noida DND flyway is unjust. The apex court pulled up NOIDA authority for delegating toll collection to private firm NTBCL, says it has resulted in unjust enrichment.

RBL Bank | CMP: Rs 152.50 | Shares extended its weakness into a fifth session, declining over 10 percent in the period. In today's session, the stock fell over 7 percent. Meanwhile, reports suggest global brokerage Morgan Stanley has cut RBL Bank’s share price target to Rs 160 from Rs 180 amid higher credit costs and weak margins which also weighed on the sentiment.

Mazagon Dock Shipbuilders | CMP: Rs 4,724 | Shares of the defence company ended over 6 percent lower as investors rushed to take profits off the counter after its recent surge. The stock has gained over 17 percent in the past month, which gave investors more leeway to take home partial profits.