Top gainer: Bharat Electronics Limited 252 ▲ 7.5 (+3.09%)
Top loser: Tata Consultancy Services 3,777 ▼ 95 (-2.47%)
Shares of Rail Vikas Nigam Limited surged nearly 13% on Wednesday
Shares of Rail Vikas Nigam Limited surged nearly 13% on Wednesday, February 19, after the company bagged an order worth ₹554 crore for the Bengaluru Suburban Rail Project. The stock rose as much as 12.88% to ₹376.3 apiece on the National Stock Exchange (NSE). At 10:50 am, it was up 10.48% to ₹368.3 per unit. In an exchange filing, RVNL informed that it has received a letter of acceptance (LoA) from Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE) for the Bengaluru Suburban Rail Project (BSRP).
Shares of the drug maker Aurobindo Pharma was the biggest laggard in the sector, tumbling over 4.5%
Shares of the drug maker Aurobindo Pharma was the biggest laggard in the sector, tumbling over 4.5%. In the opening trade, the company was down almost 10%, a day after the company said that the United States Food and Drug Administration (US FDA) conducted a pre-approval inspection (PAI) at Eugia Steriles (a 100% subsidiary of Eugia Pharma Specialities Limited and a step-down subsidiary of Aurobindo Pharma), located in Andhra Pradesh, from February 10, 2025, to February 18, 2025. During the intraday trade, shares of the firm was at ₹1,131.3 apiece, falling 2.81%.
Shares of Vedanta advanced nearly 2% on Wednesday, February 19
Shares of Vedanta advanced nearly 2% on Wednesday, February 19, as a report says the company received 83% of shareholders’ approval for its demerger on Tuesday. During the intraday trade, the scrip was at ₹426.95 apiece on BSE, rising 2.13%. The Anil Agarwal-led company aims to restructure itself into five separate entities—Vedanta Ltd, Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Steel and Ferrous Materials and Vedanta Power.