Indian equities after an extended interval of consolidation ended with a bang in Thursday’s commerce (January 2) led by robust shopping for in auto, IT and financials. Amid such an motion, few of the counters that hogged limelight embrace:
Eicher Motors: The inventory after marking a brand new excessive in intra-day commerce, settled 9 per cent larger at Rs 5,307.9 after the corporate clocked better-than-estimated gross sales in December. Gross sales at each Royal Enfield and VECV have been higher than anticipated.
PNB: Shares of the PSU ended almost 3 per cent larger at Rs 105.45 after the home deposits rose 14 per cent on-year throughout the December quarter.
Jai Corp: Shares of the plastic merchandise firm have been locked within the 20 per cent decrease circuit at Rs 247.9. The sharp losses within the inventory got here as City Infrastructure Holdings Pvt. Ltd. was to carry an EGM right this moment on capital discount Jai Corp holds 32 per cent stake in City Infrastructure Holdings Pvt. Ltd
Bajaj twins: Bajaj Finance and Bajaj Finserv emerged as the highest Nifty gainers with positive factors of as much as 9 per cent. The positive factors within the inventory have been propelled after Citi intiiated a 90-day optimistic catalyst watch on the shares of Bajaj Finance.
NTPC: Shares of the PSU ended larger by over 1 per cent at Rs 338 per share after the utility firm recorded an influence technology of 326 million items in Q3FY25, a development of three.82 per cent as in comparison with the corresponding interval of the earlier yr
Power Motors: Shares of the Power Motors ended almost 9 per cent larger at Rs 7,208 after rceiving an order for provide of two,429 items of BSVI diesel ambulance to Medical Well being and Household Welfare Division, Uttar Pradesh.
RailTel Company: Shares of the state-run entity ended over 4 per cent larger at Rs 422.1 after bagging an order from Bharat Coking Coal Restricted.
