Gainers and Losers: 10 stocks that moved the most on October 17

The benchmark indices closed higher on October 17 on positive global cues, wide-spreading buying and a drop in oil prices. The Sensex was up 261.16 points or 0.39 percent at 66,428.09, and the Nifty was up 79.70 points or 0.40 percent at 19,811.50. About 2,107 shares advanced, 1,455 declined and 133 remained unchanged.

Newgen Software Technologies | CMP Rs 1,049.2 | Shares of Newgen Software Technologies surged over 12 percent after the company reported a sharp improvement in its September quarter earnings numbers.

Ajmera Realty | CMP Rs 434.95 | The stock surged 6 percent after the company secured a residential redevelopment project in Mumbai. Ajmera Realty & Infra India Limited announced that it had been selected for the redevelopment of the Balkrishan Co-operative Housing Society in Versova. The targeted sale value of the project is Rs 360 crore.

Trident Group | CMP Rs 36.2 | Shares of Trident Group closed 2.69 percent lower on news of I-T raids being conducted across group locations. CNBC-TV18 reported that searches were underway at several locations of Trident Group including Punjab and NCR.

J Kumar Infra | CMP Rs 468.2 | J Kumar Infraprojects jumped 3 percent after the infrastructure player received a letter of acceptance for a project worth Rs 509 crore. The stock also hit its 52-week high during the day.

KIOCL | CMP Rs 476.4 | Shares of KIOCL zipped 20 percent for the second consecutive session and hit the upper circuit after operations resumed at its Pellet plant unit in Mangalore on October 14. The operations were suspended due to the unavailability of iron ore fines and essential maintenance.

MIC Electronics | CMP Rs 40.66 | The share hit a 52-week high and was locked in a five percent upper circuit after the company bagged orders worth Rs 3.55 crore from the Central Railways Hyderabad Division.

Anupam Rasayan | CMP Rs 854.9 | The stock closed 2.9 percent down, extending losses to the second day. Trade volumes, however, were higher as 4 lakh shares exchanged hands compared to the weekly average of 1 lakh.

Karur Vysya Bank | CMP Rs 144.95 | Shares of Karur Vysya Bank closed 5 percent higher as the stock extended its gains after it surged 2 percent the previous day following a 51 percent year-on-year increase in net profit in the September quarter.

Cyient DLM | CMP Rs 710 | Cyient DLM surged 3 percent, a day after the electronics manufacturing services and solutions company reported a 106.4 percent year-on-year growth in profit at Rs 14.6. Its revenue from operations grew 71.5 percent YoY to Rs 291.8 crore.

PCBL | CMP Rs 197.4 | The stock slipped 3 percent after the company reported an 8.7 percent decline in revenue at Rs 1,486.70 crore in the September quarter.