Top gainer: Adani Enterprises 2,313 ▲ 22 (+1.00%)
Top loser: Eicher Motors 4,981 ▼ 353 (-6.63%)
Shares of Adani Enterprises advanced over 3% on Tuesday
Shares of Gautam Adani-led firm advanced over 3% on Tuesday, February 11 after reports on US Congressmen writing to the new Attorney General against Adani’s indictment. Shares of the company were trading at ₹2,359.95 apiece, surging 3.02% on NSE. As many as six US Congressmen have written to the newly appointed Attorney General of the United States against “questionable” decisions made by the US Department of Justice (DoJ) such as the indictment against the Adani Group in an alleged bribery scam, which “jeopardises the relationship with close ally India”.
Shares of Grasim were trading 1.63% higher on NSE at ₹2,513.6 apiece
Aditya Birla Group flagship Grasim Industries on Monday reported a 29.15% drop in its consolidated net profit to ₹1,844.29 crore for the quarter ending December 2024. The company had posted a net profit of ₹2,603.43 crore during the October-December quarter a year ago. During the intraday period, the company was trading 1.63% higher on NSE at ₹2,513.6 apiece. Its revenue from operations was up 8.84% to ₹34,792.85 crore during the quarter under review compared to ₹31,965.48 crore in the corresponding period of the previous fiscal.
Shares of Infosys were trading at ₹1,893.30 apiece
Shares of the IT services company gained nearly 1% on Tuesday after Infosys laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts. Shares of the company was trading at ₹1,893.30 apiece, rising 0.62% during the intraday trade.