Gainers & losers: Stocks that moved the most on July 10
Broader markets also took a beating on July 10, with BSE Smallcap index bearing the major brunt by declining over 0.7 percent, whereas BSE Midcap index slipped by 0.1 percent.
After Indian benchmark indices Sensex and Nifty hit fresh lifetime highs of 80,481 and 24,461, respectively on July 10, it retreated later in the day due to broad-based selloff. At close, the Sensex was down 426 points or 0.5 percent at 79,924 and the Nifty was down 120 points at 24,313. About 1,115 shares advanced, 2,305 shares declined, and 66 shares were unchanged.
2/11
GE Power India | CMP: Rs 600.50 | Bagged an order worth Rs 7.67 crore from Mangalore Refinery and Petrochemicals, leading its share price to jump over 11 percent.
3/11
Delhivery | CMP: Rs 386.95 | As much as 3.17 percent stake or 2.34 crore shares of logistics company Delhivery were sold in a block deal, with Canada Pension Plan Investment Board being the likely seller. Shares of the company were up 3 percent following the block deal.
4/11
Adani Ports | CMP: Rs 1,487.80 | Shares gained nearly 1 percent, a day after the company informed that it has been awarded the Letter of Intent (LoI) for the development, operation and maintenance of Berth No. 13 at Deendayal Port. The LoI is for a 30-year concession period through a competitive bidding process.
ONGC | CMP: Rs 298 | Shares gained almost 1 percent after the firm announced it will invest around Rs 2 lakh crore to establish renewable energy sites and green hydrogen plants in an attempt to achieve its net-zero carbon emission goal by 2038.
6/11
Mahindra & Mahindra | CMP: Rs 2,729.90 | Was the top Nifty 50 loser, falling over six percent after the firm decided to slash prices on its best-selling SUV amid low demand.
7/11
Supreme Industries | CMP: Rs 5,932.65 | Shares surged over 4 percent to Rs 6,264 per share after global brokerage firm Jefferies shared a 'Buy' call and raised target price to Rs 6,700 apiece, indicating an upside of 7 percent from current levels.
8/11
Delta Corp | CMP: Rs 146 | Shares fell by more than 4 percent intrday to Rs 136 per share after the company reported disappointing results for the quarter ending in June (Q1FY25), due to higher GST rates, general elections, and seasonal factors.
BLS International Services | CMP: Rs 377.05 | Share price gained nearly 5 percent in early trade after the company's arm has completed acquisition of 100 percent stake in Turkey based company.
Greaves Cotton | CMP: Rs 171.50 | Shares rose over 4 percent intraday on news that the company's arm Greaves Fin partnered with ACKO to facilitate seamless EV ownership across India.
