Gainers & Losers: Stocks that moved the most on July 15
Though broad-based buying was seen across markets on July 15, India VIX, which measures near-term volatility ticked up by nearly 3 percent to settle at 14.11 level.
Indian benchmark indices continued their northward journey for the second straight day, with Nifty 50 crossing 24,600 for the first time ever on July 15 amid broad-based buying across sectors, particularly PSU banks. At close, the Sensex was up 145 points or 0.2 percent at 80,664 and the Nifty was up 84 points or 0.3 percent at 24,586. About 1,945 shares advanced, 1,939 shares declined, and 122 shares were unchanged.
2/11
Tanla Platforms | CMP: Rs 1,007 | Shares of the company skyrocketed over 10 percent on July 15 after the company informed that it has signed a commercial agreement with a global tech major on wisely ATP to combat scams on their messaging platform by identifying fraudulent phone numbers.
3/11
Avenue Supermarts | Rs 4,990 | DMart parent Avenue Supermarts reported its earnings for the first quarter of the current fiscal year, with the net profit and revenue coming in-line with expectations. The Street cheered the Q1 show as DMart shares surged over two percent in early trade on July 15.
4/11
MRF | Rs 1,31,250 | India's most expensive counter MRF was up three percent after reports suggested that the tyre-maker increased prices, effective July 18. MRF bumped up its rates for truck tyres by 2 percent, while the prices for passenger car tyres and radial tyres have been increased between three to seven percent. The reports sent the stock prices of other tyre players surging as well.
Indian Renewable Energy Development Agency (IREDA) | CMP: Rs 291.30 | Shares zoomed over 9 percent in morning deals to touch a fresh record high of Rs 310 on the National Stock Exchange (NSE).
6/11
Jupiter Wagons | CMP: Rs 705 | Shares gained over 5 percent after the company said it raised Rs 800 crore through a qualified institutional placement (QIP). The floor price for QIP was fixed at Rs 689.47 and the company issued and allotted 12.2 million equity shares at a price of Rs 655.5 per share.
7/11
IT stocks | Nifty IT index emerged as the sole loser amongst the major sectoral indices. The index was dragged down by TCS, LTIMindtree, and Infosys.
8/11
Mazagon Dock Shipbuilders | CMP: Rs 5,387 | Shares fell nearly 3 percent on profit booking after the sharp run up in the stock ahead of the Union Budget 2024. The stock has soared 38 percent in the past month amidst expectations of strong growth prospects thanks to the government’s focus on indigenisation of defence equipments.
Zen Technologies | CMP: Rs 1,361 | Shares jumped 5 percent to Rs 1,361 to be locked in the upper circuit after the company said it introduced AI-powered robots and launched four defence products.
10/11
Apollo Micro Systems | CMP: Rs 109.8 | Shares were locked at 5 percent upper circuit at Rs 109.76 per share after it secured an order by the Indian Army for procurement of vehicle mounted counter swarm drone system (VMCSDS) under Make-II category of DAP-2020.
11/11
Antony Waste Handling Cell | CMP: Rs 605 | Shares jumped over 9 percent to hit an all-time high of Rs 620 per share after the company showcased a strong June-ended quarter (Q1FY25) business update.
