D-Street Newsmakers: LIC, GIC, Honasa Consumer among 10 stocks that hogged limelight today
D-Street Newsmakers: LIC, GIC, Honasa Consumer among 10 stocks that hogged limelight today
Indian equities ended the week to November 24 on a muted note tracking global cues. Nifty at the close ended 7.3 points lower at 19,794.7. Meanwhile, Nifty Midcap 100 logged a new-high intra-day.
Here are the stocks that saw traction in Friday's trade:
LIC: Shares of the public insurer logged the most gains since debt as investors' cheered the company's plans to launch new products.
GIC: Shares of the insurer ended 17 per cent higher at Rs 307.55 as AM Best has re-affirmed the existing ratings & additionally assigned India National Scale Rating(NSR) to the General Insurance Corporation of India.A M Best has further revised the outlook of Financial Strength Rating and Long-Term issuer Rating.
Honasa Consumer: Shares of the personal care company ended over 12 per cent higher at Rs 475.10 per share as investors' buying spree in the stock continued post good Q2 numbers.
Cipla: Shares of the pharma after losing in the previous session settled 2.6 per cent higher at Rs 1198.85 as the co. clarified that it shall not see an impact due to the Pithampur facility warning.
TCS: TCS shares ended over 1 per cent lower at Rs 3547.6 as the company traded ex-buyback today.
Prestige Estates: Shares of the realty player ended with marginal gains at Rs 918.2 after it launched a project in Bengaluru that is estimated to provide a revenue flow of Rs 550 crore.
CG Power and Industrials: After a gaining streak, shares of the industrial products company ended weak by over 6.5 per cent at Rs 429.05 apiece on the BSE.
Siemens: Shares of the heavy electrical equipment ended almost flat even as the company faced GST demand order of Rs 24 crore.
Kesoram Industries: Shares of the company ended 2.5 per cent lower at Rs 120.19 amid reports that Ultratech Cement has expressed interest to buyout cement assets of the company.
Persistent Systems: Shares of the IT company ended a tad lower at Rs 6.355.55 even as it has made its way in 3 of the indices, namely the MSCI India Index, S&P BSE 100 and S&P BSE Sensex Next 50.
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