D-Street Newsmakers: Infosys, LTIMindtree and Asian Paints among 7 stocks that made headlines today
Indian equities are logging fresh highs every other day and seem undeterred by the upcoming full Budget.
Led by aggressive buying in the IT pack, Indian equities marked a new high in Thursday’s volatile session. At the close, both the benchmark indices scaled their fresh closing highs, with the 50-share Nifty50 index ending 187.9 points or 0.76 per cent higher at 24,800.9, while Sensex rose 626.9 points to 81,343.5.
Here are the stocks that remained in focus today:
LTIMindtree:
After reporting in-line Q1 results, stock of the IT services firm ended over 3 per cent higher at Rs 5,754.05.
Infosys:
Ahead of its results, the stock of Bengaluru-headquarter IT company ended higher by nearly 2 per cent at Rs 1,759.15. The stock in intra-day trade scaled its new 52-week high price.
Asian Paints:
After a dismal Q1 show, shares of the paint manufacturer ended with a cut of 1.5 per cent at Rs 2,930.45.
MTNL:
Amid a sharp spurt in trading volume in the counter, the stock ended locked in 20 per cent upper circuit at Rs 64.02 per share.
Swaraj Engines:
The stock ended higher by over 4 per cent at Rs 3,010.35 after the company’s Q1FY25 PAT jumped 5 per cent on-year.
Havells India:
Havells India shares ended with a cut of 0.7 per cent at Rs 1,861.10 even as the company’s Q1 PAT rose 43 per cent on-year.
Aurobindo Pharma:
After the company announced a share buyback worth Rs 750 crore at a price of Rs 1,460 per share, shares of the pharma major ended over 2 per cent lower at Rs 1,337.5 per share.
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