Stocks in news: Jubilant FoodWorks, HAL and Lupin among 7 stocks that hogged limelight today
In a choppy trade, led by gains in financial and metal stocks, indices ended off day's low with Nifty holding on to 23,000 levels at the close.
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Indian equities in a choppy trade ended lower for the sixth straight session amid weak global cues. At the close, Sensex ended weak by 122.5 points at 76,171.08, while the Nifty50 index dropped 27 points to 23,045.25.
Here are the key stocks that remained in spotlight today:
Lupin: Lupin shares ended 2 per cent lower at Rs 2,025.05 apiece on the BSE even as the company's December quarter profit climbed 39 per cent on-year to Rs 858.86 crore.
Hindustan Aeronautics: Shares of the state-run defence major slipped over 1 per cent to Rs 3,596.15 after the company reported its December quarter earnings. For the review quarter, the company's consolidated net profit came in at Rs 1,440 crore, marking a 14 per cent rise over Rs 1,261 crore reported in the same period last year.
ITC Hotels: ITC Hotels ended nearly 2 per cent higher at Rs 174.7 apiece on the BSE after Jefferies initiated coverage on the stock with a 'buy' rating.
Ashok Leyland: Shares of the commercial vehicle major ended higher by nearly 8 per cent at Rs 219.6 after the company's Q3 net profit surged 36 per cent.
Jubilant FoodWorks: Shares of the quick service restaurant player ended with a cut of 4 per cent at Rs 633.9 after the company's Q3 profit slipped 24 per cent on-year to Rs 496.31 crore.
IRCTC: Shares of the state-run railways entity settled over 1 per cent higher at Rs 759.55 even as the company's Q3 consolidated net profit jumped 14 per cent year-on-year.
Graphite India: For the December quarter, the electrode maker's consolidated loss came in at Rs 21 crore as against Rs 17 crore profit in the same period a-year ago.
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