HAL4:31 PM IST
Do you own any of today’s top movers? From IREDA to JBM Auto, here’s what’s buzzing on D-Street
- Written by ZeeBiz WebTeam
Published: Zee Business| Updated: Zee Business
Despite a muted session on April 16, 2025, with the Sensex hovering near 76,790 and Nifty above 23,350, several individual stocks stood out. IREDA soared after a strong Q4, Gensol tanked post-SEBI action, while JBM Auto caught fire on EV hopes. City gas stocks slipped on APM gas cuts, and Wipro, RIIL, and Waaree remained in focus ahead of their results. Catch the highlights of all the top movers that shaped Wednesday’s trade!
1/8
IREDA jumps nearly 6% after Q4 profit zooms 49%
1/8IREDA shares rose to Rs 176.80 after the company posted a strong 48.65 per cent YoY jump in Q4 profit to Rs 501.55 crore. Revenue rose 37 per cent to Rs 1,905 crore.
2/8
Gensol crashes 5% after SEBI bars promoters
2/8Gensol Engineering hit lower circuit at Rs 122.68 after SEBI barred Anmol and Puneet Singh Jaggi from holding directorial roles for alleged fund diversion and governance lapses.
3/8
MGL, IGL slide as govt slashes cheap gas supply
3/8City gas stocks tumbled as the government cut APM gas allocation to just 40 per cent from 51 per cent. MGL slipped over 4 per cent, while IGL edged up 2 per cent.
4/8
Waaree gains ahead of Q3 results today
4/8Waaree Renewable Technologies was up over 4 per cent to Rs 976.30 ahead of its March quarter earnings. All eyes are on the clean energy firm’s revenue and margin print.
5/8
Wipro inches up before Q4 earnings
5/8Wipro traded near Rs 245.75, up 0.7 per cent, as investors awaited its Q4 results. Global headwinds and weak demand trends could keep the outlook muted.
6/8
GM Breweries pops 7.5% despite profit fall
6/8GM Breweries rose to Rs 702.55 as it declared a Rs 7.5 per share dividend. Q4 profit dropped 30 per cent YoY to Rs 60.46 crore amid rising input costs.
7/8
JBM Auto zooms 10% on EV bus tender buzz
7/8JBM Auto surged to Rs 688.55 as reports suggested the Centre may soon float a mega tender to procure 10,000 electric buses boosting sentiment for the EV maker.
8/8
RIIL up over 2% ahead of earnings
8/8Reliance Industrial Infrastructure gained over 2 per cent to Rs 840.65 on the BSE as it gears up to declare its Q4 results later today.
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