Top gainer: Bajaj Finserv 1,693 ▲ 117 (+7.45%)
Top loser: Sun Pharmaceutical Industries 1,873 ▼ 16 (-0.90%)
Shares of CreditAccess Grameen surged as much as 9.66% to ₹977 apiece
Shares of CreditAccess Grameen surged as much as 9.66% to ₹977 apiece on the NSE amid news reports that the MicroFinance Institute Network (MFIN) deferred the implementation of limiting the number of lenders to three per borrower by three months. The new timeline for the implementation of these rules is now April 1, 2025, according to these reports. Spandana Sphoorty Financial shares were also trading in the green—up 1.56% at ₹334.60.
Shares of Bajaj Finance surged nearly 5% to ₹7,275.55 apiece
Shares of Bajaj Finance surged nearly 5% to ₹7,275.55 apiece on the NSE amid news reports that global brokerage firm Citi remains optimistic about the company. The brokerage has opened a ’90-day catalyst watch’ window for the stock. Bajaj Finserv shares were trading over 6.6% higher at ₹1,680.90 apiece on the NSE.
Shares of Eicher Motors climbed to their all-time high level on Thursday
Shares of Eicher Motors climbed to their all-time high level on Thursday as Royal Enfield reported strong sales in December 2024. The stock climbed as much as 7% to a record high of ₹5,228.15 per share on the National Stock Exchange. Royal Enfield recorded monthly sales of 79,466 motorcycles in December 2024, reflecting a 25% jump from 63,387 units sold in the same month in the previous financial year.