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    HomeNewsPhotosBusinessMarketsGainers & losers: Stocks and sectors that moved the most on October 10

    Gainers & losers: Stocks and sectors that moved the most on October 10

    October 10, 2024 / 16:02 IST
    Benchmark indices--the Nifty 50 and the Sensex held on to early gains and ended the session on October 10 on a positive note. While banks recorded strong gains, pharma names came under the fire of profit booking, erasing all gains from the previous session. At close, the xxxx
    1/11
    Benchmark indices--the Nifty 50 and the Sensex held on to early gains and ended the session on October 10 on a positive note. While banks recorded strong gains, pharma names came under the fire of profit booking, erasing all gains from the previous session. At close, the Sensex was up 144 points or 0.2 percent at 81,611 and Nifty was up 16 points or flat at 24,998.
    PNC Infratech | CMP: Rs xxx | Shares surged more than x percent after the infrastructure company was declared the lowest bidder by the City & Industrial Development Corporation of Maharashtra Ltd (CIDCO) for a Rs 2,091 crore infrastructure project near the upcoming Navi Mumbai Airport. PNC Infratech announced in a regulatory filing that the project involves the integrated infrastructure development of roads that are 20 metres wide and above, along with the construction of various structures such as flyovers, minor bridges, and allied electrical works, including street lighting, under the NAINA project.
    2/11
    PNC Infratech | CMP: Rs 442.9 | Shares surged more than 3 percent after the infrastructure company was declared the lowest bidder by the City & Industrial Development Corporation of Maharashtra Ltd (CIDCO) for a Rs 2,091 crore infrastructure project near the upcoming Navi Mumbai Airport. PNC Infratech announced in a regulatory filing that the project involves the integrated infrastructure development of roads that are 20 metres wide and above, along with the construction of various structures such as flyovers, minor bridges, and allied electrical works, including street lighting, under the NAINA project.
    Defence stocks | Defence stocks including the likes of Hindustan Aeronautics Defense, Bharat Dynamics and Bharat Electronics gained up to 8 percent. The surge comes after defence deals worth Rs 80,000 crore for Predator drones and 2 nuclear submarines were approved by Prime Minister Narendra Modi-chained Cabinet Committee on Security (CCS). The CCS has cleared the deal for buying 31 Predator drones from the USA. Under the deal, India will get 31 High Altitude Long Endurance (HALE) UAVs, of which the Navy will get 15 SeaGuardian drones, while the Army and the Indian Air Force will get eight each of the land version – SkyGuardian. The second major defence deal which has been cleared by the CCS is the manufacturing of two nuclear-powered attack submarines at the Ship Building Centre in Vishakhapatnam will be around Rs 45,000 crore.
    3/11
    Defence stocks | Defence stocks including the likes of Hindustan Aeronautics Defense, Bharat Dynamics and Bharat Electronics gained up to 8 percent. The surge comes after defence deals worth Rs 80,000 crore for Predator drones and 2 nuclear submarines were approved by Prime Minister Narendra Modi-chained Cabinet Committee on Security (CCS). The CCS has cleared the deal for buying 31 Predator drones from the USA. Under the deal, India will get 31 High Altitude Long Endurance (HALE) UAVs, of which the Navy will get 15 SeaGuardian drones, while the Army and the Indian Air Force will get eight each of the land version – SkyGuardian. The second major defence deal which has been cleared by the CCS is the manufacturing of two nuclear-powered attack submarines at the Ship Building Centre in Vishakhapatnam will be around Rs 45,000 crore.
    Tata Group stocks | Shares of Tata Group companies soared by up to 10 percent on October 10 following the passing of Ratan Tata, the chairman Emeritus of Tata Sons, on October 9 at the age of 86. While the veteran industrialist's demise has deeply affected many, investors responded positively, reflecting their confidence in the Group's future and its ongoing commitment to the principles and values championed by Ratan Tata. Under his leadership, the legacy conglomerate's market capitalisation ballooned 17 times. With the combined market capitalization of its listed entities reaching Rs 30 lakh crore, Tata Group experienced remarkable growth driven by Ratan Tata's strategic decisions and timely acquisitions.
    4/11
    Tata Group stocks | Shares of Tata Group companies soared by up to 10 percent on October 10 following the passing of Ratan Tata, the chairman Emeritus of Tata Sons, on October 9 at the age of 86. While the veteran industrialist's demise has deeply affected many, investors responded positively, reflecting their confidence in the Group's future and its ongoing commitment to the principles and values championed by Ratan Tata. Under his leadership, the legacy conglomerate's market capitalisation ballooned 17 times. With the combined market capitalization of its listed entities reaching Rs 30 lakh crore, Tata Group experienced remarkable growth driven by Ratan Tata's strategic decisions and timely acquisitions.
    Star Health & Allied Insurance Company | CMP: Rs xxx | Shares dropped xx percent, a day after the company announced that it had fallen victim to a targeted cyberattack which resulted in the data breach of over 3.1 crore customers. Meanwhile, the hacker, identified as xenZen, who put the data up for sale on his website claimed that Star Health's chief information security officer, Amarjeet Khanuja, sold the data and later attempted to renegotiate the deal, demanding more money for backdoor access on behalf of senior management.
    5/11
    Star Health & Allied Insurance Company | CMP: Rs 564.5 | Shares dropped over 2 percent, a day after the company announced that it had fallen victim to a targeted cyberattack which resulted in the data breach of over 3.1 crore customers. Meanwhile, the hacker, identified as xenZen, who put the data up for sale on his website claimed that Star Health's chief information security officer, Amarjeet Khanuja, sold the data and later attempted to renegotiate the deal, demanding more money for backdoor access on behalf of senior management.
    Rain Industries | CMP: Rs xxx | Shares soared over 9 percent after its subsidiary Rain Carbon, partnered with Canada's Northern Graphite inked an agreement with Northern Graphite Corporation to jointly develop and commercialise advanced battery anode material (BAM) used in lithium-ion batteries for electric vehicles. In these batteries, the anode, or negative electrode, is typically composed of graphite coated on copper foil, making it a crucial component in the battery's life cycle.
    6/11
    Rain Industries | CMP: Rs 176.2 | Shares soared over 6 percent after its subsidiary Rain Carbon, partnered with Canada's Northern Graphite inked an agreement with Northern Graphite Corporation to jointly develop and commercialise advanced battery anode material (BAM) used in lithium-ion batteries for electric vehicles. In these batteries, the anode, or negative electrode, is typically composed of graphite coated on copper foil, making it a crucial component in the battery's life cycle.
    VA Tech Wabag | CMP: Rs xxx | Shares of rose nearly 6 percent after it secured significant repeat orders from Reliance Industries Ltd (RIL) for water treatment systems at RIL's Dahej and Nagothane facilities. With a longstanding relationship spanning nearly three decades, Wabag's technical expertise and competitive bid secured this large order, valued between Rs 300 to Rs 500 crores.
    7/11
    VA Tech Wabag | CMP: Rs 1,542| Shares rose nearly 5 percent after it secured significant repeat orders from Reliance Industries Ltd (RIL) for water treatment systems at RIL's Dahej and Nagothane facilities. With a longstanding relationship spanning nearly three decades, Wabag's technical expertise and competitive bid secured this large order, valued between Rs 300 to Rs 500 crores.
    Rashtriya Chemicals and Fertilisers | CMP: Rs xxx | Share price rose x percent after the company awarded a contract to L&T for setting up of 1200 MTPD complex. The company at its meeting held on October 9, 2024 has accorded its approval for placement of purchase order on L&T worth Rs 1,000.27 crore, which is to be completed in 27 months. fertilizer plant on LSTK Basis at RCF, ThaI.
    8/11
    Rashtriya Chemicals and Fertilisers | CMP: Rs 183 | Share price rose over 7 percent after the company awarded a contract to L&T for setting up of 1200 MTPD complex. The company at its meeting held on October 9, 2024 has accorded its approval for placement of purchase order on L&T worth Rs 1,000.27 crore, which is to be completed in 27 months. fertilizer plant on LSTK Basis at RCF, ThaI.
    Apollo Micro Systems | CMP: Rs xxx | Share price rose x percent after the company emerged as the lowest bidder for Rs 28.74 crore project. The company in recent exchange filing, said "It has been declared as the Lowest Bidder (L1) for orders worth Rs. 28.74 crores from Bharat Electronics Limited (BEL) and CNA (OF) Pune, Indian Navy. The order from BEL is a proprietary order."
    9/11
    Apollo Micro Systems | CMP: Rs 102 | Share price rose over 1 percent after the company emerged as the lowest bidder for Rs 28.74 crore project. The company in recent exchange filing, said "It has been declared as the Lowest Bidder (L1) for orders worth Rs. 28.74 crores from Bharat Electronics Limited (BEL) and CNA (OF) Pune, Indian Navy. The order from BEL is a proprietary order."
    Pharma stocks | Pharma names came under the pressure of profit booking after sharp gains in recent times. As a result, names like Lupin, Alkem, Torrent Pharma, Cipla and Sun Pharma fell as much as 6 percent. Dragged by a sharp decline across most constiutents, the Nifty Pharma index also turned out to be the worst performing sectoral index in trade.,
    10/11
    Pharma stocks | Pharma names came under the pressure of profit booking after sharp gains in recent times. As a result, names like Lupin, Alkem, Torrent Pharma, Cipla and Sun Pharma fell as much as 6 percent. Dragged by a sharp decline across most constiutents, the Nifty Pharma index also turned out to be the worst performing sectoral index in trade.
    GM Breweries | CMP: Rs 814 | Shares fell over 5 percent after the company reported its September quarter results. For the quarter that ended on September 30, GM Breweries' sales, excluding excise duty fell 1.7 percent YoY to Rs 149 crore. Its net profit too fell 2.7 percent from the year-ago quarter to Rs 21.7 crore.
    11/11
    GM Breweries | CMP: Rs 814 | Shares fell over 5 percent after the company reported its September quarter results. For the quarter that ended on September 30, GM Breweries' sales, excluding excise duty fell 1.7 percent YoY to Rs 149 crore. Its net profit too fell 2.7 percent from the year-ago quarter to Rs 21.7 crore.
    Tags: #Adani Enterprises #Apollo Micro systems #Buzzing Stocks #Tata Group stocks
    first published: Oct 10, 2024 04:02 pm

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