Gainers and Losers: 10 stocks that moved the most on November 1

On November 1, the Sensex was down 283.60 points or 0.44 percent at 63,591.33, and the Nifty was down 90.40 points or 0.47 percent at 18,989.20.
About 1590 shares advanced, 1936 shares declined, and 136 shares unchanged.

KEI Industries | CMP Rs 2,468 | Shares of KEI Industries surged 2.75 percent after the electrical wires & cables manufacturer, has recorded a standalone profit of Rs 140.2 crore for the quarter ended September FY24, growing 31.2 percent over a year-ago period.

Camlin Fine Sciences | CMP Rs 139 | Camlin Fine Sciences’ stock fell 3.41 percent after the company extended the temporarily closure of Diphenol Plant of its wholly owned subsidiary, CFS Europe SPA, in Ravenna, Italy.

Birlasoft | CMP Rs 572.45 | Birlasoft shares price soared 4.62 percent after the company reported better-than-expected operating performance in the September quarter on October 31. The company’s revenue and net profit grew more than estimates, due to account mining and deal ramp-ups.

Star Health | CMP Rs 547.85 | Shares of Star Health fell more than 5 percent, a day after the insurer’s net profit jumped 34 percent on-year and its gross written premium, total income also saw an on-year increase. However, the numbers failed to meet the Street expectations because of higher-than-expected claims and expense ratios.

Adani Total Gas | CMP Rs 551.55 | Shares of Adani Total Gas fell more than 2 percent despite the company’s consolidated net profit rose 8 percent on-year to Rs 173 crore in the July-September quarter of the fiscal year 2023-24 (Q2FY24).

UPL | CMP Rs 532.7 | Shares of UPL went down 1.42 percent after global brokerage Morgan Stanley has downgraded UPL Ltd to ‘equal weight’ from ‘overweight’ and cut its target price to Rs 590 from Rs 762 earlier.

Jindal Steel and Power | CMP Rs 584.8 | Shares of Jindal Steel and Power fell by 7.78 percent a day after the company posted a multi-fold jump in Profit After Tax (PAT) to Rs 1,390.10 crore during the September quarter, aided by reduced expenses. Trade volumes were also high as 1 crore shares exchanged hands compared to monthly average of 24 lakhs.

Natco Pharma | CMP Rs 741.15 | Shares of Natco Pharma went down 7.35 percent on November 1 with high trade volumes. 16 lakh stocks were traded, higher than monthly average of 4 lakh.

Greenlam Industries | CMP Rs 532.85 | Shares of Greenlam industries surged 10.68 percent with healthy trade volumes on November 1. 31 lakh shares were traded compared to monthly average of 1 lakh shares. On October 30, the company announced a 41.95% YoY increase in its net profit to Rs. 41.50 crore for the September quarter.

Blue Star | CMP Rs 948 | Shares of Blue Star went up nearly 8 percent. On October 30, the Air conditioning and commercial refrigeration firm reported 66 per cent increase in consolidated net profit to Rs 70.77 crore for the second quarter ended September 30, helped by margin expansion and growth.