Benchmark indices ended higher on September 13 with Nifty around 20,050. Grasim Industries, Coal India, Bharti Airtel, Tata Consumer Products and Titan Company were among the major gainers on the Nifty, while losers included HDFC Life, Jio Financial, L&T, M&M and Divis Labs.
Railway stocks including Indian Railway Finance Corporation (IRFC), IRCON International, RailTel Corporation of India and Rail Vikas Nigam have plunged up to 21% from their respective 52-week highs hit on Tuesday. Even on an intraday basis, these stocks posted steep cuts on Wednesday
Shares of Coffee Day Global surged 16% on the NSE today after the company averted insolvency proceedings and reached a settlement with IndusInd Bank. Coffee Day Global and IndusInd Bank informed the Chennai bench of the NCLAT that they have withdrawn the insolvency litigations on reaching a settlement. The scrip closed at Rs 51.30
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Indiabulls Housing Finance share price surged 12% on Wednesday after 22.5 lakh shares of the company changed hands in a transaction worth Rs 40.8 crore. The number of shares exchanged amounts to 0.5% of the total equity. The scrip closed at Rs 189.30
Shares of Suzlon Energy declined 5% to hit its lower circuit of Rs 21.71 on Wednesday. At today's low price, the scrip has cracked 9% in two days on BSE. The fall was much deeper on NSE as the counter slipped for the fourth straight session, trading at Rs 21.70. The scrip closed at Rs 22.35
Shares of Coal India Limited jumped on September 13, recovering partly from a nearly 3% loss to the stock a day before. Today’s rise comes on the back of the company's plans to make a capital investment of nearly Rs 24,750 crore on 61 First Mile Connectivity (FMC) projects over the next couple of years to boost eco-friendly coal transportation. The scrip closed at Rs 279.45
Shares of NTPC rose on September 13 after the state-run power major announced that it has completed Unit-1 of 800 megawatts (MW) of the Telangana Super Thermal Power project. The installed capacity of NTPC Limited and NTPC group has reached 57,838 MW and 73,824 MW. The scrip closed at Rs 237.20
GMR Power and Urban Infra Limited share price jumped nearly 10% on Wednesday after receiving a Letter of Award (LOA) for a smart metering project worth Rs 2,470 crore in Uttar Pradesh. The scrip ended at Rs 36.60
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