Gainers and Losers: 10 stocks that moved the most on November 3

The market extended its gaining streak to a second day on November 3, with the Sensex closing 282.88 points or 0.44 percent higher at 64,363.78, and the Nifty 97.30 points or 0.51 percent at 19,230.60. About 2,191 shares advanced, 1,378 declined and 121 remianed unchanged.

KPI Energy| CMP 869.9 | KPI Energy shares gained 5.23 percent after the company’s subsidiary bagged orders for 5.70 MW solar power projects under the Captive Power Producer (CPP) segment.

Arvind Fashions | CMP Rs 344 | Shares of Arvind Fashions jumped 5.85 percent as the fashion player entered into a share purchase agreement with Reliance Beauty & Personal Care, which will acquire Arvind Beauty Brands.

Cholamandalam Investment | CMP 1,135 | Shares of Cholamandalm Investment fell 3.61 percent despite the company reporting a 35 percent on-year rise in net profit at Rs 762.49 crore for the September quarter. As many as 45 lakh shares exchanged hands compared to the monthly average of 18 lakh.

Dilip Buildcon | CMP Rs 320.6 | Dilip Buildcon closed 2.66 percent higher after the company said its board of directors would consider fund-raising options at a November 7 meeting.

Ratnamani Metals | CMP Rs 2,900.15 | Ratnamani Metals and Tubes shares surged 2.64 after the company’s net profit soared 66.3 percent on year to Rs 164.30 crore. The strong bottom line was aided by a healthy topline, which grew 25.7 percent to Rs 1,131.2 crore.

Adani Power | CMP Rs 385.05 | Adani Power jumped 3.24 percent a day after the company reported a net profit of Rs 6,594 crore in the September quarter, up more than eight times from the year-ago period. Revenue rose 84 percent. The massive rise in net profit was on account of a one-time gain of Rs 1,371 crore as tax credit.

JK Lakshmi Cement | CMP Rs 752.6 | JK Lakshmi Cement closed 11.6 percent a day after reporting a 55 percent on-year growth in consolidated profit at Rs 96 crore for the July-September quarter of the current financial year.

Shilpa Medicare | CMP Rs 359 | Shilpa Medicare stock closed 2.69 percent higher after the company acquired Pilnova Pharma Inc in the United States, which will now be a wholly owned subsidiary.

Mahindra and Mahindra Finance | CMP Rs 257.15 | The share gained 2.47 percent as the financial services company reported that its disbursements for October amounted to around Rs 5,250 crore, a level similar to the previous year.

Sheela Foam | CMP Rs 1,070.7 | Sheela Foam fell 2.72 percent a day after the polyurethane foam manufacturer announced consolidated profit of Rs 44.3 crore for the July-September quarter, down 17.3 percent from the year-ago period. Revenue declined 10.2 percent to Rs 613.2 crore.
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