Gainers & Losers: 10 stocks that moved the most on June 24

Domestic benchmark indices Nifty 50 and Sensex ended marginally higher as conflict in the Middle East flared up again. The Israeli military intercepted two missiles launched from Iran, according to an official from the Israel Defense Forces (IDF), cited in a CNN report. The interception came just hours after a ceasefire between Israel and Iran was declared “in effect” earlier in the day.

Adani Ports and Special Economic Zone |CMP Rs 1,389 | Shares rallied nearly 5 percent after the US brokered a ceasefire between Israel and Iran. The stock had come under pressure earlier due to safety concerns around its Haifa Port in Israel, following heightened tensions and missile attacks in the region.

KPIT Tech | CMP Rs 1,306 | KPIT Tech shares tumbled 4 percent after the company said the outlook remains uncertain given the demand environment and tariff-related pressures. However, it added that it is betting on its latest acquisition to steady the ship. The company has approved the 100 percent acquisition of Caresoft’s Global Engineering Solutions business, a move it hopes will drive growth and sharpen its edge in key automotive segments.

Bondada Engineering | CMP Rs 466 | Stock gained 5 percent on Tuesday, June 24, after the company said it has secured its highest-ever battery energy storage systems (BESS) capacity order worth Rs 836 crore. It received the letter of award from the Tamil Nadu Green Energy Corporation Ltd. (TNGECL).

InterGlobe Aviation | CMP Rs 5,606 | Shares surged as much as 4 percent after crude oil prices declined following a ceasefire between Iran and Israel. The global benchmark Brent crude fell 2.6 percent to USD 69.62 per barrel, leading to broad-based gains in crude oil-sensitive sectors, including aviation, oil marketing companies, among others.

Enviro Infra Engineers | CMP Rs 236 | Shares surged 14 percent after the firm announced it secured new projects worth Rs 306 crore and has forayed into the renewable energy sector with the acquisition of 69 MW solar energy projects. The firm is engaged in designing, constructing, operating and maintenance of water and wastewater treatment plants and water supply scheme projects for government authorities/bodies.

SBI Cards | CMP Rs 982 | Shares rallied 3 percent after the financial services firm reported strong growth in its spend market share for May. SBI Card's spend market share rose to 17.1 percent from 16 percent in April. Monthly spending grew 10.1 percent for the company, outperforming the industry’s 3 percent growth.

Adani Group stocks | Shares rose up to 4 percent on June 24 after the conglomerate's chairman announced $15-20 billion capex in next five years at the group's annual general meeting."Adani Power crossed 100 billion units of generation. A scale never before matched by any private sector company. It is now well on track to reach 31 GW capacity by 2030," said Adani.

Vodafone Idea | CMP Rs 6.9 | Shares surged over 6 percent after a report claimed that the central government is considering providing the telecom significant relief on regulatory dues. The positive sentiment was further fuelled after Telecom Minister Jyotiraditya Scindia said that India’s telecom sector can’t afford a duopoly and the government supports competition in all sectors.

Jindal Steel and Power | CMP Rs 924 | Shares climbed 2 percent after Nuvama Institutional Equities reiterated its ‘Buy’ call on the stock, projecting a robust earnings trajectory over the next two years. With a price target of Rs 1,193—implying a 31 percent upside from the last close of Rs 911—Nuvama expects JSPL’s EBITDA to nearly double by FY27.

PSU Bank stocks | Strong buying interest drove the Nifty PSU Bank to rally over two percent in trade on Tuesday, June 24, as investors piled their capital into shares of public lenders. The confidence in PSU banking stocks came after domestic brokerage HDFC Securities noted that the sector is seeing signs of a 'secular turnaround.'