Top gainer: Shriram Finance 3,174 ▲ 68 (+2.19%)
Top loser: Bharti Airtel Limited 1,572 ▼ 29 (-1.85%)
Shares of Greaves Cotton jumped 18%
Shares of Greaves Cotton jumped 18% to hit a 52-week high of ₹252 apiece on the BSE, as ace investor Vijay Kedia acquired 12 lakh shares, or 0.52% stake in the company, through a block deal. A deal worth ₹25 crore, this transaction could be the first time the market veteran has taken a bet on the company, added a news report.
Shares of Raymond Ltd gained as much as 12.48%
Shares of Raymond Ltd gained as much as 12.48% to hit a high of ₹1,813.55 apiece on the BSE. For the September 2024 quarter, Raymond Ltd, which is in the real estate and engineering business, reported a 63% decline in consolidated net profit to ₹59.01 crore in the second quarter of this fiscal. The company’s net profit stood at ₹161.16 crore in the year-ago period.
Varroc Engineering stock was trading around 11%
Varroc Engineering shares were trading around 11% higher at ₹593.20 on the BSE. The auto components maker had reported a 4% growth in profit after tax (PAT) at ₹57.80 crore in the September quarter. The company had posted a consolidated PAT of ₹55.72 crore in the year-ago period, the company said. Consolidated revenue from operations for the quarter grew 10.28% to ₹2,080.8 crore from ₹1,886.8 crore in the July-September period of the previous fiscal year, it said.