Gainers and Losers: 10 stocks that moved the most on February 12

The benchmark indices closed lower on February 12 as PSU bank, realty and FMCG names came under pressure. The Sensex closed 523 points or 0.73 percent down at 71,072.49, and the Nifty close 166.50 points or 0.76 percent lower at 21,616. About 774 shares advanced, 2,648 declined and 58 remained unchanged.

Bandhan Bank | CMP Rs 199.6 | Shares of Bandhan Bank fell 7.68 percent after loans worth Rs 23,300 crore it lent out under credit guarantee schemes came under review by the National Credit Guarantee Trustee Company (NCGTC) on doubts of evergreening.

Bharat Forge | CMP Rs 1,131.1 | The stock fell 13.92 percent even after the company’s net profit surged 223 percent to Rs 254.45 crore in Q3FY24. The company expects moderate growth in domestic and export market in the fourth quarter and FY25.

Spicejet | CMP Rs 65.14 | Shares of SpiceJet fell 4.46 percent after CNBCTV18 reported that the low-cost airline would cut down the workforce by 10-15 percent to reduce fixed costs. The job-cuts will help the airline save around Rs 100 crore.

EaseMyTrip | CMP Rs 48.85 | EaseMyTrip stock fell 4.4 percent on February 12. The company has announced it will set up a 5-star hotel in Ayodhya near the recently inaugurated Ram temple.

Divi’s Laboratories | CMP Rs 3,735.5 | Shares of Divi’s Laboratories gained 2.28 percent after the company’s net profit rose 17 percent YoY to Rs 358 crore in Q3FY24. Revenue also grew nearly 9 percent to Rs 1,855 crore.

Aurobindo Pharma | CMP Rs 1,021 | The Aurobindo Pharma stock rose 1.78 percent after the company posted a strong performance in the third quarter on all the three key parameters of profit, revenue and profitability. The pharma company’s net profit soared nearly 91 percent on year to Rs 936.2 crore

Shree Renuka Sugars | CMP Rs 46.6 | Shares of Shree Renuka Sugars fell nearly 7 percent after the company posted a consolidated net loss of Rs 172.3 crore in the December quarter.

IRFC | CMP Rs 133.4 | The IRFC stock fell 13.21 percent after the company’s net profit for the December quarter fell 1.78 percent to Rs 1,604 crore from the year-ago period.

Mamaearth | CMP Rs 440.15 | Shares of Honasa Consumer, the parent company of Mamaearth, gained 1.66 percent after the company posted a three-fold jump in net profit at Rs 26 crore in the third quarter of the current financial year.

ONGC | CMP Rs 257.75 | The ONGC stock fell 3.66 percent after the company reported weak Q3 earnings. Its consolidated net profit declined by 8 percent to Rs 10,748 crore in the December quarter, with revenue falling 2.2 percent to Rs 1,65,569 crore over the previous year.