Top gainer: Dr Reddy’s Laboratories 1,325▲ 50 (+3.96%)
Top loser: Asian Paints 2,284▼ 61 (-2.61%)
SpiceJet shares jumped nearly 9% to ₹61.30 apiece
SpiceJet shares jumped nearly 9% to ₹61.30 apiece on the BSE on Thursday after the cash-strapped airline announced an amicable settlement with aircraft lessor Genesis to resolve a dispute worth over $16 million. As part of the agreement, SpiceJet will pay $6 million in cash and issue $4 million worth of equity to Genesis at a price of ₹100 per share.
Shares of DOMS Industries fell as much as 6.97% to ₹2,842.30 apiece
Shares of DOMS Industries fell as much as 6.97% to ₹2,842.30 apiece on the BSE on Thursday, December 19, after Italian stationery maker FILA on Wednesday said it had initiated the sale of up to 4.57% of shares in its Indian unit DOMS. The stake sale is being conducted through an accelerated book building (ABB) process starting on Wednesday, offering up to 2,773,407 ordinary shares in the Indian firm, FILA said.
Shares of IPCA Laboratories rallied as much as 5.35% to ₹1,594.25 apiece
Shares of IPCA Laboratories rallied as much as 5.35% to ₹1,594.25 apiece on the NSE on Thursday, December 19. Usha Madhukar Chandurkar, one of the promoters of IPCA Laboratories, on Wednesday divested a 1.6% stake in the pharmaceutical company for ₹600 crore through an open market transaction.