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Gainers & Losers: 10 stocks that moved the most on September 3

Moneycontrol News | September 03, 2024 / 15:46 IST
1/11
[3:38 pm, 3/9/2024] Neeshita MC: The Nifty and Sensex ended marginally lower on September 3, snapping a 10-day winning streak. Both benchmarks experienced a choppy and mostly flat session due to a lack of fresh catalysts from domestic and global markets. The Sensex ended its 10-day winning streak, while the Nifty snapped its 13-day rally. [3:38 pm, 3/9/2024] Neeshita MC: At close, the Sensex was down 4.4 points or 0.01 percent at 82,555, and the Nifty was up 1.1 points at 25,279. About 1,909 shares advanced, 1,857 shares declined, and 113 shares were unchanged.
The Nifty and Sensex ended marginally lower on September 3, snapping a 10-day winning streak. Both benchmarks experienced a choppy and mostly flat session due to a lack of fresh catalysts from domestic and global markets. The Sensex ended its 10-day winning streak, while the Nifty snapped its 13-day rally.
2/11
GMR Power & Urban Infra | CMP: Rs xx per share | The stock jumped over 5 percent on September 3 as Authum Investment & Infrastructure bought 74.9 lakh shares or 1.2 percent stake at Rs 134 apiece a day ago via open market transactions. Additionally, analysts at B&K Securities initiated a 'buy' coverage on GMR Power and Urban Infra, seeing an upside potential of 37 percent from current levels.
GMR Power & Urban Infra | CMP: Rs 141 | The stock jumped 5 percent on September 3 as Authum Investment & Infrastructure bought 74.9 lakh shares or 1.2 percent stake at Rs 134 apiece a day ago via open market transactions. Additionally, analysts at B&K Securities initiated a 'buy' coverage on GMR Power and Urban Infra, seeing an upside potential of 37 percent from current levels.
3/11
Apollo Pipes | CMP: Rs xx per share | The stock rallied over 10 percent on September 3 after amid heavy volumes and strong growth outlook. Around 1.6 million equity shares exchanged hands at both NSE and BSE intra-day deals, significantly exceeding one-week average of 0.1 million equity shares.
Apollo Pipes | CMP: Rs 653 | The stock rallied over 10 percent after amid heavy volumes and a strong growth outlook. Around 1.6 million equity shares exchanged hands at both NSE and BSE intra-day deals, significantly exceeding one-week average of 0.1 million equity shares.
4/11
Geojit Financial | CMP: Rs XX | The Jhunjhunwala stock soared 14 percent to a record high of Rs 155.73 apiece on September 3, driven by heavy trading volumes. This marks the third consecutive session of gains, with the stock having surged 20 percent over this period.
Geojit Financial | CMP: Rs 157 | The Jhunjhunwala stock soared over 15 percent to a record high, driven by heavy trading volumes. This marks the third consecutive session of gains, with the stock having surged 20 percent over this period.
5/11
FIEM Industries | CMP: Rs XX | The automotive lighting maker's stock soared around 5 percent after Kotak Securities initiated coverage with a 'Buy' call and a price target of Rs 2,140 on the stock, nearly 40 percent higher from the previous close. FIEM's product portfolio is versatile across different technologies, Kotak's note said, implying the rise in electric vehicle adoption may not disrupt the auto components maker's business.
FIEM Industries | CMP: Rs 1,620 | The automotive lighting maker's stock soared over 5 percent after Kotak Securities initiated coverage with a 'Buy' call and a price target of Rs 2,140 on the stock, nearly 40 percent higher from the previous close. FIEM's product portfolio is versatile across different technologies, Kotak's note said, implying the rise in electric vehicle adoption may not disrupt the auto components maker's business.
6/11
Adani Green | CMP Rs xx | Shares fell 2 percent percent on September 2 amid weak markets. This is despite the company announcing that it has signed a binding agreement for a JV with TotalEnergies Renewables Singapore, involving an investment of $444 million into a new entity. This comes after the company and the French oil major had inked a $300 million deal to build renewable capacity in India, where the bulk of energy requirements are still met by coa
Adani Green Energy | CMP Rs 1,897 | Shares fell over 2 percent amid weak markets. This is despite the company announcing that it has signed a binding agreement for a JV with TotalEnergies Renewables Singapore, involving an investment of $444 million into a new entity. This comes after the company and the French oil major had inked a $300 million deal to build renewable capacity in India, where the bulk of energy requirements are still met by coal.
7/11
Signature Global | CMP Rs xx | dropped nearly 7 percent in the early trade on Tuesday after over 57 lakh shares change hands in Rs 828 crore large trade. Signature Global stock fell 6.60 percent to hit the day's low of Rs 1,397.15 apiece after a large trade deal worth Rs 828.2 crore. As many as 57.2 lakh shares ors 4.1 percent equity changed hands at Rs 1,449 per share.
Signature Global | CMP Rs 1,410 | Shares dropped nearly 6 percent in the early trade on Tuesday after over 57 lakh shares change hands in Rs 828 crore large trade. Signature Global stock fell 6.60 percent to hit the day's low of Rs 1,397.15 apiece after a large trade deal worth Rs 828.2 crore. As many as 57.2 lakh shares ors 4.1 percent equity changed hands at Rs 1,449 per share.
8/11
Aadhar Housing | CMP: Rs xx per share | The stock rallied over 5 percent on September 3 after Kotak Securities initiated a 'buy' coverage on Aadhar Housing and set target price at Rs 550 apiece, implying an upside potential of 41 percent from current levels. The bullish coverage comes as analysts believe that it is one of large diversified player with over 20 percent growth trajectory.
Aadhar Housing Finance| CMP: Rs 419 | The stock rallied over 7 percent after Kotak Securities initiated a 'buy' coverage on Aadhar Housing and set target price at Rs 550 apiece, implying an upside potential of 41 percent from current levels. The bullish coverage comes as analysts believe that it is one of large diversified player with over 20 percent growth trajectory.
9/11
Shipping stocks | Shares of major shipyard companies like Mazagon Dock and Cochin Shipyard surged up to 6 percent on September 3, in anticipation of an announcement of sizeable naval defence orders.
Shipping stocks | Shares of major shipyard companies like Mazagon Dock and Cochin Shipyard surged up to 6 percent on September 3, in anticipation of an announcement of sizeable naval defence orders.
10/11
Godrej Industries | CMP: Rs XXX | Godrej Industries surged seven percent as heavy trading volumes caused the counter to record a fresh all-time high. Over 12 lakh shares exchanged hands in trade on the bourses, over 300 percent higher than the one-month daily traded average of four lakh shares.
Godrej Industries | CMP: Rs 1,211 | Godrej Industries surged over 14 percent as heavy trading volumes caused the counter to record a fresh all-time high. Over 12 lakh shares exchanged hands in trade on the bourses, over 300 percent higher than the one-month daily traded average of four lakh shares.
11/11
Kaynes Technology | CMP: Rs XXX | Kaynes Technology shares surged over eight percent after the Central government approved a chip proposal by the firm under the semiconductor scheme. The Cabinet has approved a Rs 3,300 crore proposal by electronics maker Kaynes Tech to build a semiconductor packaging plant with a capacity to produce 60 lakh chips a day, Union minister Ashwini Vaishnaw said on September 2.
Kaynes Technology India | CMP: Rs 4,839 | Kaynes Technology shares surged almost 4 percent after the Central government approved a chip proposal by the firm under the semiconductor scheme. The Cabinet has approved a Rs 3,300 crore proposal by electronics maker Kaynes Tech to build a semiconductor packaging plant with a capacity to produce 60 lakh chips a day, Union minister Ashwini Vaishnaw said on September 2.

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