Gainers and Losers: 10 stocks that moved the most on November 8

Gainers and Losers: 10 stocks that moved the most on November 8

In a volatile session where benchmark indexes traded flat, smallcap and midcap indexes rose 0.5 percent each.

On November 8, the Sensex was up 33.21 points or 0.05 percent at 64,975.61, and the Nifty was up 36.80 points or 0.19 percent at 19,443.50. About 1,921 shares advanced, 1,642 shares declined, and 128 shares were unchanged.

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Greenply Industries | CMP Rs 181 | Shares of Greenply Industries gained 3.9 percent, extending its rally for second straight session after the company’s consolidated revenue grew 23 percent on-year in Q2FY24 driven by a ply volume growth of 12 percent year-on-year (YoY).

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Dilip Buildcon | CMP Rs 356.15 | Dilip Buildcon stock rose 3.23 percent with strong trade volumes as the company’s net profit in the September quarter grew four-fold to Rs 68.6 crore while revenue jumped nearly 10 percent to Rs 2,848.70 crore from Rs 2,596.80 crore in the base quarter. 71 lakh shares exchanged hands compared to monthly average of 17 lakh.

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HPCL | CMP Rs 298.65 | Stock of Hindustan Petroleum surged 7.18 percent as wider margins on higher sales volume and falling crude prices helped the company.

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Cummins India | CMP Rs 1,774 | Shares of Cummins India rallied 4.41 percent after the company’s net profits increased by 23 percent to Rs 329.09 crore in the September quarter.

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Trent | CMP Rs 2,449 | Shares of Trent jumped 1.03 percent, extending its gains to second straight session after the company reported an 189 percent on-year surge in consolidated net profit, reaching Rs 228 crore in Q2 FY24.

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Arvind Fashions | CMP Rs 372.75 | Shares of Arvind Fashions rose 3.5 percent to hit a 52 week high after the company delivered the highest-ever profit performance of Rs 22 crore in Q2FY24, up 19 percent YoY. The stock pared its gains and closed 2.14 percent up.

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Genus Power Infra | CMP Rs 246.55 | Shares of Genus power infra zoomed 4 percent intraday on November 8 after the company won an order worth Rs 2,259.94 crore for providing advanced metering infrastructure service. However, the stock lost its gains and closed 1.99 percent down.

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Deepak Nitrite | CMP Rs 2,138 | Shares of Deepak Nitrite soared over 5 percent intraday buoyed by 17.5 percent YoY jump in net profit to Rs 205.10 crore for the July-September quarter. The stock reversed some of the gains and closed 1.83 percent higher.

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Apollo Tyres | CMP Rs 409.3 | Shares of Apollo Tyres jumped 6.56 percent after the company reported its net profit more than double to Rs Rs 474.3 crore in the September quarter.

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Shree Cement | CMP Rs 26,275 | Shares of Shree Cement went down 1.54 percent even though the company’s net profit shot up 159 percent on-year to Rs 491 crore amid declining raw material prices, and revenue from operations jumped 21 percent to Rs 4,585 crore.

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