Gainers and Losers: 10 stocks that moved the most on December 21

On December 21, the Sensex was up 358.79 points or 0.51 percent at 70,865.10, and the Nifty was up 104.80 points or 0.50 percent at 21,255.00. About 2564 shares advanced, 1068 shares declined, and 116 shares unchanged.

IRCTC | CMP Rs 869 | Shares of IRCTC gained 6.61 percent with strong trade volumes on December 21. 3 crore shares exchanged hands compared to a monthly average of 80 lakh. The stock has been gaining after the company announced plans to expand in non-railway catering in India.

Allcargo Logistics | CMP Rs 285.8 | Shares of Allcargo Logistics went up 4.94 percent after the company announced January 2 as the record date for a 3:1 bonus share. Additionally the anticipation of rising freight charges due to the Suez Canal crisis.

Astrazeneca Pharma | CMP Rs 4750 | Astrazeneca Pharma stock surged 2.9 percent after the company said it is launching Enhertu, a breast cancer drug, in January 2024 in India.

Suzlon Energy | CMP Rs 37.25 | Shares of Suzlon Energy rallied 4.49 percent after the company bagged a repeat order for the development of a 193.2 MW wind power project from The KP Group.

Flair Writing Industries | CMP Rs 350.45 | Shares of Flare Writing Industries went down 2.8 percent after the company’s revenue rose 4.2 percent on-quarter to Rs 257 crore in Q2 FY 24, while its profit increased 3 percent sequentially to Rs 33 crore.

Tarsons Products | CMP Rs 555 | Shares of Tarsons Products gained 13.89 percent after the company announced that its subsidiary entered into a share purchase agreement to acquire Nerbe R&D GmbH and Nerbe Plus.

Siyaram Recycling | CMP Rs 57.75 | Shares of Siyaram Recycling debuted 25.54 percent higher after its initial public offering was subscribed over 385 times last week. Offering around Rs 23 crore through 4.99 crore shares, it was a pure fresh issue. The company plans to use the net proceeds to repay Rs 18 crore debt.

Satin Creditcare | CMP Rs 266 | Shares of Satin Creditcare went up 6.91 percent after the company successfully raised funds through the Qualified Institutional Placement (QIP) route. The company board approved the allotment of 1,08,36,584 equity shares at an issue price of Rs 230.70 to seven institutional investors.

Shriram Pistons and Rings | CMP Rs 1216.65 | Shares of Shriram Pistons and Rings went up 5 percent and hit the upper circuit after Ace investor Sunil Singhania-backed Abakkus picked up a stake of Rs 326.01 crore in the company.

Mazagon Docks | CMP Rs 2125 | Shares of Mazagon Docks went up 3.85 percent after the company signed a contract to construct six vessels for the Indian Coast Guards.