Gainers and Losers: 10 stocks that moved the most on November 28

Gainers and Losers: 10 stocks that moved the most on November 28

On the sectoral front, power and oil & gas indices added 3 percent each, while metal, auto and PSU Bank indices rose 1 percent each. On the other hand, some selling is seen in the capital goods, FMCG and pharma names

On November 28, the Sensex was up 204.16 points or 0.31 percent at 66,174.20, and the Nifty was up 95.00 points or 0.48 percent at 19,889.70. About 1,872 shares advanced, 1,750 shares declined, and 159 shares unchanged.

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IRB Infrastructure | CMP Rs 38 | Shares of IRB Infrastructure fell 2 percent after the firm’s special purpose vehicle, IRB Lalitpur Tollway, signed a concession agreement with the National Highways Authority of India and will pay an upfront amount of Rs 4,428 crore.

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MCX | CMP Rs 3,135 | Shares of MCX surged 7 percent and hit a new 52-week high on November 28. The rally comes after the stock was removed from the NSE F&O ban list. The company also decided to recover technology costs for the old platform from its subsidiary, Multi Commodity Exchange Clearing Corporation.

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Adani Total Gas | CMP Rs 644.15 | Shares of Adani Total Gas went up 20 percent and hit the upper circuit after the top court reserved its judgement. The Supreme Court expressed confidence in the SEBI probe against the group as it reserved its order on a bunch of pleas seeking an investigation into Adani group companies.

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Spencer’s Retail | CMP Rs 79.1 | Stock of Spencer’s Retail closed 7 percent higher after the company said its subsidiary, Nature’s Basket, is expected to reduce its debt in due course by Rs 100 crore (approximately) through a mix of loan restructuring and repayment of loans.

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Cello World | CMP Rs 818.55 | Shares of Cello World rallied 4 percent after the company reported 4.5 percent sequential growth in consolidated net profit at Rs 86.6 crore for the quarter ended September FY24.

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Jindal Stainless | CMP Rs 518 | Jindal Stainless stock fell 4.52 percent on November 28 with strong trade volumes. Up to 39 lakh shares exchanged hands compared to the monthly average of 15 lakh.

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Cartrade Tech | CMP Rs 803.4 | Shares of Cartrade Tech went down 4.53 percent. The trading volume in the exchanges for the stock was 3 lakh.

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JK Cement | CMP Rs 3,575 | JK Cement stock gained 1.33 percent after the put on stream a 1.5-million-tonne-per-year grinding capacity at its newly set-up cement manufacturing facility in Madhya Pradesh.

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Integra Essentia | CMP Rs 7.4 | Shares of Integra Essentia closed 5.71 percent higher after the company’s board approved issuing bonus shares to raise funds.

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Fortis Healthcare | CMP Rs 373.05 | Shares of Fortis Healthcare went up 1.79 percent after the company announced the divestment of Fortis Malar Hospital, Chennai to MGM Healthcare Private Limited.

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