The 30-share pack Sensex dropped 13.50 points or 0.03 per cent to close at 52,372.69. Its broader peer NSE Nifty rose 2.80 points or 0.02 per cent to 15,692.60. Broader markets outperformed the benchmark indices, positing decent gains.
Here is a look at some of the biggest movers and shakers of Monday’s session:
TOP GAINERS OF THE DAY
Kitex Garments: The world’s second largest manufacturer of kids apparel soared 20 per cent to Rs 168.65, following the company’s intention to move to Telangana from Kerala.
has entered Telangana with an initial investment of Rs 1,000 crore, following the rift with Kerala state government.
Ujjivan Financial, Equitas Holdings: Equitas Holdings, the promoter of Equitas Small Finance Bank (SFB), said the bank has received Reserve Bank of India‘s (RBI) nod to apply for amalgamation of the promoter into itself. Equitas Holdings may follow the same path. Ujjivan Financial and Equitas Holdings surged 20 per cent each to Rs 244.90 and Rs 138.40, respectively.
Expleo Solutions: The smallcap IT firm gained 20 per cent to Rs 1,096.60 after it announced an investor/analyst meet. The company will hold a conference call with analysts and investors on July 13.
Real estate stocks: Real estate stocks buzzed in today’s trade on reports of robust sales and strong updates in June 2021 quarter. Indiabulls Real Estate surged 15 per cent to Rs 138.35, whereas
jumped 7 per cent to Rs 659.70.
Edelweiss Financial Services: The financial services firm continued to hit upper circuit for second straight session. It settled 10 per cent higher at 95.15. Ace investor Rakesh Jhunjhunwala increased his stake in the company, lifting the shares of the financial services firm.
Aries Agro: The fertilizer counter added 8 per cent to Rs 147.55. Ace investor Dolly Khanna held 194,336 equity shares or 1.5 per cent stake at the end of June 2021 quarter. Her stake is little less than 3 crore in the company.
TOP LOSERS OF THE DAY
Sterling Tools: The scrip shed 7 per cent to Rs 193.60 after Marcellus Investment Managers, founded and run by Saurabh Mukherjea, said it has exited the company completely, citing degradation of accounting standards at the company.
Jagsonpal Pharmaceutical: The firm tanked 7 per cent to Rs 171.30 after BSE sought clarification from the company over sudden spurt in the volumes and price of the shares.
Polymers: Net profit of the specialty chemicals company hauled in the quarter ended June 30 2021 on a sequential basis. It reported consolidated profit of Rs 77.38 crore in the June 2021 quarter as against a profit of Rs 163.48 crore in March 2021 quarter. It settled 5 per cent lower at Rs 178.85.
Metropolis Healthcare: Biggest acquisition deal by the Pathology chain announced earlier this year is headed for a collapse after the company said that it can be assumed that Hitech Diagnostic Centre does not intend to close the transaction to sell itself to the Mumbai-listed company. The counter settled 4 per cent lower at Rs 2,872.
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