Top gainer: Bajaj Finance 7,068 ▲ 390 (+5.8%)
Top loser: NTPC 408 ▼ 7.1 (-1.7%)
Persistent Systems share jumped nearly 12% to hit an all-time high
Shares of Persistent Systems jumped nearly 12% to hit an all-time high of ₹5,766.30 apiece on the BSE after the company on Tuesday posted strong numbers for the quarter ended September 30, 2024. The IT services firm reported a 23.44% increase in consolidated net profit to ₹324.9 crore in the September 2024 quarter. Revenue from operations for the quarter under review was Rs 2,897.1 crore, up 20.13% from ₹2,411.6 crore in the quarter-ended September FY24.
Paytm shares were trading nearly 11% higher
Shares of One 97 Communications, the parent form of Paytm, were trading nearly 11% higher at ₹761apiece on the BSE in the morning trade on Wednesday, October 23, as the fintech got a major relief from the National Payments Corporation of India (NPCI) last night. NPCI has granted approval to Paytm to onboard new UPI users, subject to adherence to all procedural guidelines and circulars, according to the company.
Shares of Hyundai Motor India Ltd rose as much as 6%
Shares of Hyundai Motor India Ltd rose as much as 6% on Wednesday, a day after listing at a discount on the National Stock Exchange (NSE) and the BSE. The stock surged up to 6% to hit an intraday high of ₹1,928.90 apiece on the NSE. It later pared some gains and was trading at ₹1,873.9, up 2.9% at 11:22 am. The company’s market capitalisation stood at ₹1,52,270.20 crore.