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

The market managed to close a tad higher on last-minute buying on November 10. The Sensex was up 72.48 points or 0.11 percent at 64,904.68, and the Nifty was up 30.00 points or 0.15 percent at 19,425.30. About 1,877 shares advanced, 1,700 declined and 123 were unchanged.

Muthoot Finance | CMP Rs 1,270 | Muthoot Finance shares went down 7.4 percent as the gold financing firm reported a profit after tax of Rs 990.99 crore, below analysts’ estimates. The stock cut some of its losses to close 3.28 percent in the red.

Page Industries | CMP Rs 38,399.95 | Page Industries gained nearly 2 percent after the company announced a Rs 75 per share interim dividend for 2023-24, despite the company’s consolidated net profit declined 7.3 percent on-year in Q2FY24, while total revenue fell 8.3 percent on-year.

Zee Industries | CMP Rs 248.9 | Shares of Zee Industries fell 5 percent after the company’s profit after tax (PAT) declined 5.3 percent YoY to Rs 129.9 crore. The company reported a total income of Rs 2,509.57 crore in Q2 against Rs 2,040.87 crore in the same period of FY23.

United Spirits | CMP Rs 1,044.05 | Shares of United Spirits went down 4.78 percent with strong volumes. The stock extended its losses for the second straight session after the company reported negative earnings for the September quarter, with revenue slipping 1.4 percent and PAT 13.6 percent on-year. 42 lakh shares exchanged hands.

Ramco Cements | CMP Rs 986.9 | Ramco Cements closed 3.39 percent lower as investors booked profits a day after it touched a 52-week high of Rs 1,040. In the past three months, the stock of this South-based cement producer has surged 17 percent against a 1 percent decline in the Sensex.

Aditya Birla Fashion and Retail | CMP Rs 216.75 | Aditya Birla Fashion & Retail shares slipped 3 percent in early trade as the company posted a consolidated net loss of Rs 200.3 crore for the quarter ended September FY24. The stock recouped the losses and closed 0.77 percent higher.

Astrazeneca Pharma India | CMP Rs 4,658 | Shares of AstraZeneca Pharma India fell over 5 percent following reports that the parent firm’s COVID-19 vaccine facing a legal challenge in the UK, overshadowing the company’s robust September quarter performance. The pharma company reported a 60.8 percent on-year growth in profit at Rs 52.4 crore, driven by exceptional gain and a higher topline. Revenue increased 31.7 percent to Rs 311 crore.

BEML | CMP Rs 2,165.35 | The stock surged 3.37 percent after the company’s net profit multiplied manifold to Rs 51.80 crore, sharply up from Rs 16.30 crore in the same quarter of the previous fiscal. Revenue grew nearly 14 percent on year to Rs 916.80 crore.

Force Motors | CMP Rs 4,053.25 | Shares of Force Motors were locked in the 5 percent upper circuit after the company’s revenue surged 42.5 percent on-year to Rs 1,802 crore in the September-ended quarter, while profit was up nearly five-fold to Rs 94 crore.

Bajaj Consumer Care | CMP Rs 225.75 | Shares of Bajaj Consumer went up 2.66 percent after the company reported a 17.75 percent increase in consolidated net profit to Rs 37.27 crore for the September quarter.