Stocks In News (March 20, 2025): Titan, Polycab India and GPT Infra among 7 stocks that hogged limelight today
As Fed's outcome has been largely cheered by investors, Nifty scaled close to 23,200 levels.
Indian equities after Fed's status quo continued to trade higher for the fourth day- with the Nifty swifly gaining above 23,200 levels.
Here are the stocks that remained in focus today:
Titan
Titan shares in today's trade emerged as the top Nifty50 gainer. At the close, Tata group stock ended over 3 per cent higher at Rs 3,181.95.
Polycab India
Shares of the cables manufacturer tumbled sharply as Adani Group announced its foray into the segment. Importantly, as per Zee Business research inputs, of the total electrical space- wire and cables (W&C) cables segment is the most profitable business, with average 10 per cent EBIT margin. Stock ended with a cut of 7 per cent at Rs 5,083.35.
Can Fin Homes
Can Fin Homes added nearly 3 per cent to Rs 677.15 after the company has appointment of Prashanth Joishy as chief financial officer (CFO) and key managerial personnel (KMP) , effective from 20 March 2025.
GPT Infra
Shares of the infra major ended higher by over 5 per cent at Rs 101 after emerging as the lowest bidder for a construction work from CAO Construction, South Eastern Railway, Kolkata.
Interglobe Aviation
On improved outlook during the company's analysts meet, the company's stock ended higher by over 2 per cent at Rs 5,093.
Manappuram Finance
The gold financier is set to conduct its board meeting today to mull fund raising. The stock ended higher by 2 per cent at Rs 217.5.
Shipping Corporation of India (SCI)
Shipping Corporation of India (SCI) amid heavy volumes continued to gain for the third straight day. The stock ended 12 per cent higher at Rs 176.35.