Gainers and Losers: 10 stocks that moved the most on December 4
The Nifty and The Sensex surge to a new high on biggest single-day gains in over a year. Except Nifty pharma and media, all sectoral indices close in the green
The Indian equity benchmarks posted their biggest single-day gains since October 4 to close at new highs on December 4, as investors cheered BJP's three state election wins that came a day earlier . The Sensex ended the day 1383.93 points, or 2.05 percent, higher at 68,865.12. The Nifty was up 418.9 points or 2.07 percent, at 20,686.80, closing at a new high for the second successive session.
2/11
Hindustan Zinc | CMP Rs 318 | Hindustan Zinc surged 5.95 percent after the company said its board would on December 6 consider paying out a second interim dividend for current financial year.
3/11
Som Distilleries | CMP Rs 298.05 | Shares of Som Distilleries and Beverages gained 4.54 percent after the company received the Karnataka Excise Department's approval to supply premium beer brands in neighbouring Tamil Nadu.
4/11
ABB India | CMP Rs 4,625 | Shares of ABB India jumped 5.42 percent with strong volumes. As many as 8 lakh shares were traded against the daily monthly average of 2 lakh.
BCL Industries | CMP Rs 59.3 | Shares of BCL Industries rose 9.61 percent after the firm was selected to supply ethanol worth Rs 561 crore to OMCs.
6/11
Newgen Software | CMP Rs 1,450 | Stock of Newgen Software gained 2.47 percent after Jefferies raised target price to Rs 1,740 a share from Rs 1,275 , confident on the company’s growth outlook.
7/11
Whirlpool of India | CMP Rs 1,317 | Shares of Whirlpool of India fell nearly 7 percent, declining 15 percent five days. The fall came after Whirlpool’s holding company announced intention to offload 24 percent stake in the company.
8/11
Delta Corp | CMP Rs 140.45 | Shares of Delta Corp fell 3.77 percent, snapping a three-day winning streak. The company’s stock had gained after it announced its entry into real estate sector through a JV with Peninsula Land.
Lemon Tree Hotels | CMP Rs 115.5 | Shares of Lemon Tree Hotels gained 2.17 percent after the company opened new hotels in Maharashtra and Karnataka.
10/11
Salasar Techno Engineering | CMP Rs 52.7 | The share price of Salasar Techno Engineering was up 3.13 percent after the company won a contract worth Rs 364 crore.
11/11
Strides Pharma | CMP Rs 496 | Shares of Strides Pharma fell 1.26 percent, reversing the intraday gains made after the company’s associate firm announced the closure of its transaction with Syngene International.
