Gainers & Losers: Stocks that moved the most on June 26
Sensex touched a record high of 78,759 on June 26 while the Nifty 50 rose to 23,890 in the intraday trade. Energy and telecommunication stocks led the gain in Nifty while metal and auto stocks were the biggest laggards.
Sensex and Nifty hit fresh highs on June 26 led by gains in heavyweights like Bharti Airtel, Reliance Industries, UltraTech Cement, ICICI Bank etc. At close, the Sensex was up 620 points or 0.8 percent at 78,674 and the Nifty was up 147 points or 0.6 percent at 23,868. About 1611 shares advanced, 1796 shares declined, and 81 shares unchanged.
2/11
Hindustan Foods | CMP: Rs 534.90 | Shares zoomed 15 percent in trade following a block deal worth Rs 638.40 crore. Around 1.27 crore shares of Hindustan Foods changed hands on the exchanges at a floor price of Rs 502 per share.
3/11
Sharda Motor Industries | CMP: Rs 2,060 | Shares skyrocketed around 10 percent and hit an all-time high of Rs 2,193.10 after a block deal worth Rs 474 crore took place on the exchanges.
4/11
Mazagon Dock Shipbuilders | CMP: Rs 4.085 | Shares soared 7.5 percent in trade to hit a fresh record high of Rs 4,271.20 after the company became the latest to join the list of companies to be granted the 'Navratna' status by the Department of Public Enterprises.
UltraTech Cement | CMP: Rs 11,154 | Shares gained nearly 4 percent in the morning trade after the Aditya Birla-led cement player to acquire a stake in UAE-based RAK Cement (RAKWCT).
6/11
Sanghi Industries | CMP: Rs 103.30 | Shares slumped around 6 percent in opening trade after the company announced that its promoters Ambuja Cements and Ravi Sanghi will sell up to 3.52 percent stake in the company through an offer for sale (OFS).
7/11
Stylam Industries | CMP: Rs 1,852 | Shares jumped 10 percent in trade after international brokerage Investec initiated coverage, seeing a 41 percent upside.
8/11
Meghna Infracon Infrastructure | CMP: Rs 435 | Shares surged 19 percent, reaching a 52-week high of Rs 468 on the BSE following its acquisition of a prestigious residential project in Goregaon West, Mumbai.
Zee Media Corporation | CMP: Rs 14.5 | Shares rose over eight percent after the announcement that its Board of Directors has approved the exploration of various fundraising options, aiming to raise up to Rs 200 crore.
10/11
CE Info Systems | CMP: Rs 2,280 | Shares fell over 5 percent after promoter and managing director Rakesh Kumar Verma sold 0.9 percent stake in the company via a block deal.
11/11
Borosil | CMP: Rs 334 | Borosil shares fell 3.5 percent. The company announced the completion of fundraising Rs 150 crore through a qualified institutional placement (QIP) route. The issue price was Rs 318 per share, a 4 discount to the floor price of Rs 331.75 per share.
