Gainers & Losers: 10 stocks that moved the most on March 29

On March 29, the Sensex ended 346.37 points or 0.60 percent up at 57,960.09. The Nifty closed 129.00 points or 0.76 percent higher at 17,080.70. About 2139 shares advanced, 1288 shares declined, and 110 shares were unchanged.

Hindustan Construction Company | CMP: Rs 13.75 | Shares jumped 8 percent on March 29 after it completed the sale of its wholly owned subsidiary Baharampore-Farakka Highways to Cube Highways and Infrastructure V Pte ltd. The sale of the subsidiary to Cube was completed for Rs 1,323 crore. The HCC Group will receive a total of Rs 941 crore, which includes an upfront amount of Rs 677 crore and Rs 264 crore payable by October-December this year and April-May 2024 in two tranches.

Hindustan Zinc | CMP: Rs 299.35 | The scrip crashed 9 percent as the stock traded ex-dividend on March 29. The ex-dividend date is the day the stock starts trading without the value of its next dividend payment, which is usually one day before the record date.

Shalby | CMP: Rs 129.70 | Shares gained 11 percent after ace investor Porinju Veliyath bought 6.1 lakh shares, or 0.56 percent stake in a bulk deal on March 28. Veliyath-owned Equity Intelligence India has bought the shares in Shalby at an average price of Rs 117 apiece.

Zee Enterprises | CMP: Rs 215.20 | The stock rose over 3 percent after the entertainment company and IndusInd Bank informed the National Company Law Appellate Tribunal (NCLAT) that a settlement was reached between the two on March 29. As per the settlement agreement, payment obligations have been undertaken, which will be paid till June 30 or within seven days of Sony merger. Some money has been paid as per the agreement already, lawyers told the NCLAT.

SML Isuzu| CMP: Rs 705.50 | Shares rose over 2 percent after news that the company was raising the price of its trucks and buses. SML Isuzu plans to raise the price of trucks by 4 percent and that of its buses by 6 percent from April 1.

Mawana Sugars | CMP: Rs 87.25 | Shares shot up 12 percent on the BSE following plans to sell non-agricultural land in Uttar Pradesh.

South Indian Bank | CMP: Rs 14.45 | The scrip tumbled 13 percent, a day after Managing Director and CEO Murali Ramakrishnan opted out of re-appointment due to personal reasons. His tenure ends on September 30, 2023.

Jindal Stainless | CMP: Rs 278.65 | Shares failed to hold on to early gains of 4 percent and settled 0.7 percent lower. The upmove in the stock was on the back of the stainless steel manufacturing company announcing that it has entered into a pact with New Yaking in a major strategic move to ensure long-term availability of nickel.

GR Infraprojects | CMP: Rs 960 | The scrip surged 5 percent but closed off its intraday high, up 2 percent, after the company bagged an order from East Coast Railway for Rs 587.59 crore.

Mphasis | CMP: Rs 1,737.60 | Shares ended 2.7 percent higher after the company clarified that it has no exposure to the three recently collapsed US lenders.