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

On December 8, the Sensex was up 303.91 points or 0.44 percent at 69,825.60, and the Nifty was up 68.20 points or 0.33 percent at 20,969.40. About 1,693 shares advanced, 1,928 shares declined and 118 shares unchanged.

IRB Infra | CMP Rs 39.85 | Shares of IRB Infra gained 3.64 percent after the company reported a 20 percent rise in gross toll collections in November The company clocked in toll collections worth Rs 437.05 crore in November as against Rs 366 crore in the year-ago period. The stock also hit a 52-week high in the exchanges.

TVS Electronics | CMP Rs 348.4 | Shares of TVS Electronics slipped 1.15 percent after the company received a Rs 35.58 crore notice from the Chennai customs department over the import of thermal line printers.

Maruti Suzuki | CMP Rs 10,628.8 | Shares of Maruti Suzuki went down 0.63 percent even after the company received a favourable order from the Gujarat GST Department, dropping the demand of Rs 17.87 million (Rs 1.78 crore).

Jindal Saw | CMP Rs 434.2 | Shares of Jindal Saw plunged 3.76 percent on December 8, ahead of the company’s board meeting on December 14 to consider the proposal of raising funds through one or more qualified institutional placement (QIP) of equity shares.

Olectra Greentech | CMP Rs 1,228.95 | Shares of Olectra Greentech surged 2.5 percent intraday after the company received an order to supply 40 electric buses. The stock could not hold on to its gains and closed 0.38 percent down in the red.

IIFL Securities | CMP Rs 122.85 | Shares of IIFL Securities gained 4.2 percent after the Securities Appellate Tribunal (SAT) set aside SEBI’s order dated June 19, 2023, prohibiting IIFL Securities from onboarding new clients for two years in respect of its business as a stockbroker.

Five Star Business Finance | CMP Rs 735 | Shares of Five Star Business Finance went down 2.85 percent after a block deal involving around 2.3 crore shares 8 percent equity) of Five Star Business Finance, changed hands at a floor price of Rs 370 per share on December 8.

Titagarh Rail Systems | CMP Rs 1,002.9 | Titagarh Rail Systems stock gained 1.95 percent after the company launched a qualified institutional placement (QIP) to raise Rs 700 crore.

HDFC Bank | CMP Rs 1,653 | Shares of HDFC Bank gained 1.38 percent along with other banking names after the RBI held repo rates steady at 6.5 percent for the fifth consecutive time.

Zomato | CMP Rs 120.15 | Shares of Zomato fell 1.27 percent after Rs 1,125 crore worth of shares changed hands in a block deal on December 8. The sellers and buyers were not immediately known but a report earlier said Softbank was looking to pare its stake in the Gurugram-based food-delivery platform.