Benchmark indices Nifty and Sensex pared all gains and ended the day flat as investors booked partial profits. Markets now eye the earnings season and the eagerly anticipated 2024 Union Budget on July 23. At close, the Sensex was down 27 points or 0.03 percent at 79,897 and the Nifty was down 8.5 points or 0.03 percent at 24,316. About 1,962 shares advanced, 1,440 shares declined, and 80 shares were unchanged.
2/11
Glenmark Life Sciences | CMP: Rs 840.10 | Shares slumped as much as nearly 4 percent, a day after Glenmark Pharma's board greenlit the company's plans to offload a 7.84 percent stake in the former through an offer for sale.
3/11
Sun TV Network | CMP: Rs 813.50 | As much as 1 percent equity of Sun TV Network was sold in a large deal worth Rs 280 crore on July 11. This sent shares of the company soaring 3.5 percent higher to 52-week high of Rs 808.45.
4/11
Tata Elxsi | CMP: Rs 6,960 | Shares fell over two percent in early trade as the Tata group firm reported a 3 percent decline in net profit for the first quarter of financial year 2024-2025.
HPL Electric & Power | CMP: Rs 562.40 | Shares skyrocketed 15 percent in early trade after the company announced it won a Letter of Award for smart meters.
6/11
Shalby | CMP: Rs 295.85 | Shares advanced 6.6 percent to Rs 304 in the afternoon after the company announced a 30-year lease for running the Asha Parekh Hospital in Santacruz, Mumbai.
7/11
Ahluwalia Contracts (India) | CMP: Rs 1,472 | Shares rose 7 percent after securing an order worth Rs 893.48 crores from the Airports Authority of India (AAI) for the development of Lal Bahadur International Airport in Varanasi.
8/11
NELCO | CMP: Rs 879.65 | Shares fell as much as 4 percent and hit an intraday low of Rs 865 after the company reported a year-on-year decline in its consolidated net profit and revenue for the quarter ended June.
YES Bank | CMP: Rs 25.83 | Shares jumped over 7 percent after global ratings agency Moody's revised its outlook to 'positive' from 'stable' on hopes of improvement in the lender's depositor base and lending franchise.
10/11
Oriental Rail Infrastructure | CMP: Rs 378.55 | Share price touched a 52-week high of Rs 378.55 and locked at a 5 percent upper circuit in the early trade on July 11 after the company received an order from Indian Railways.
11/11
Ambuja Cements | CMP: Rs 679.15 | Shares soared over 3 percent after brokerage firm Nomura double upgraded the cement manufacturer to a 'buy' rating, factoring in the company's aggressive capacity expansion.