Gainers & Losers: Stocks that moved the most on June 27
The sharp rally in the key benchmark and the broader markets is supported by FII flows also turning in the previous 13 trading sessions, along with robust retail inflows.
Sensex and Nifty closed at record highs on June 27, taking the bull run to the fourth consecutive day on the day of the monthly expiry of derivative contracts. At close, the Sensex was up 568 points or 0.7 percent at 79,243 and the Nifty 50 was up 175 points at 24,044. About 1,217 shares advanced, 2,168 shares declined, and 82 shares were unchanged.
2/11
Route Mobile | CMP: Rs 1,856.9 | Shares rose over 15 percent and hit a 52-week high of Rs 1,894.4 after Microsoft and Proximus Group signed a five-year partnership with the company for digital communications and cloud.
3/11
CSB Bank | CMP: Rs 365.10 | Shares soar 7.5 percent after Rs 595 crore block deal. As much as 9.7 percent stake in the bank was sold in a block deal worth Rs 595 crore, with promoter FIH Mauritius Investments being the likely seller.
4/11
KEC International | CMP: Rs 891 | Share price rose 5 percent in the opening trade after the company secured new orders of Rs 1,025 crore in T&D and Cables businesses.
Dr Reddy's Laboratories | CMP: Rs 6,235 | Shares rose nearly 3 percent after the company announced signing a pact to acquire UK-based Haleon Plc's global portfolio of consumer healthcare brands in the Nicotine Replacement Therapy (NRT) category outside of the US.
6/11
Rail Vikas Nigam (RVNL) | CMP: Rs 413.90 | Share price jumped nearly 2 percent in the early trade after the company bagged an order from Southern Railway.
7/11
Bharti Hexacom | CMP: Rs 1,184 | Share price plunged over 6 percent after Jefferies downgraded the stock to 'hold' from their earlier rating of 'buy'. However, the international brokerage raised its price target on the counter to Rs 1,290 from Rs 1,200 earlier.
8/11
PI Industries | CMP: Rs 3,829.10 | Shares rose nearly 5 percent after the company made an offer to acquire Plant Health Care Plc for approximately Rs 346 crore.
IIFL Securities | CMP: Rs 206 | Shares fell nearly 10 percent after reports surfaced that market regulator Sebi has been investigating market expert Sanjiv Bhasin for his role in alleged stock market manipulation.
10/11
Aurobindo Pharma | CMP: Rs 1,190.30 | The US Food and Drug Administration has issued an establishment inspection report for Aurobindo Pharma subsidiary Eugia Pharma's injectable facility in Telangana, classifying it as Voluntary Action Indicated (VAI). Following the news of the VAI classification shares of Aurobindo Pharma hit the day's low at Rs 1,180.10.
11/11
Texmaco Rail & Engineering | CMP: Rs 237.80 | Shares zoomed over 11 percent to hit a fresh record high of Rs 245.65. The sharp rally comes as investors expect the company to benefit from the growing Indian economy, and increasing investments in the railway sector.
