Gainers and Losers: 10 stocks that moved the most on February 15

The Sensex closed 227.55 points or 0.32 percent higher at 72,050.38, and the Nifty 70.80 points or 0.32 percent up at 21,910.80 as the benchmarks extended gains for third straight day. About 2,267 shares advanced, 1,458 declined and 80 were unchanged.

Sterlite Technologies | CMP Rs 137.15 | Shares of Sterlite Technologies went up 3.28 percent after the company announced its partnership with BAPS temple in Abu Dhabi for optical solutions.

MIC Electronics | CMP Rs 42.6 | The MIC Electronics stock soared 10 percent and got locked in the upper circuit after the company announced that it has developed a 42V/3A electric vehicle (EV) battery charger for e-cycles and two-wheelers. The company said the charger will be launched shortly and commercial operations will begin in March.

Oil India | CMP Rs 560.6 | Shares of Oil India zoomed 12.4 percent on robust production outlook. Brokerage house Motilal Oswal said Oil India’s production growth guidance remains robust, with drilling activity and development wells in old areas contributing to this growth.

Aster DM Healthcare | CMP Rs 472 | Shares of Aster DM Healthcare surged 7.22 percent after the company said the company was being split to create two separate entities, focused on India and GCC.

IndiGo | CMP Rs 3,033.25 | IndiGo operator InterGlobe Aviation’s stock fell 1.97 percent after CNBCTV18 reported that the airline is likely to cancel around six to 12 flights from the Mumbai airport as per government directives.

Narayana Hrudayalaya | CMP Rs 1,354.8 | The Narayana Hrdudayalaya stock fell 4.39 percent even after the company reported a 22 percent year on year increase in December profit. The company saw a 6.7 percent year-on-year increase in Q3FY24 revenue at Rs 1,203.6 crore.

Muthoot Finance | CMP Rs 1,345.5 | Shares of Muthoot Finance fell 2.45 percent after the company’s Q3 margins missed estimates despite revenue and profit growth. Morgan Stanley shared an “underweight” call on the stock with a target price of Rs 1,165 a share. “NIM at 10.9 percent was below estimate of 11 percent. However, AUM growth and pre-provision operating profit (PpOP) were in-line with estimates,” the brokerage said.

Zomato | CMP Rs 155.5 | The Zomato stock soared 2 percent after CLSA raised the target price to Rs 227. Analysts at CLSA believe that the recent Q3 results are indicative of a trajectory towards consistent profitability, further enhancing the investor confidence.

Aditya Birla Fashion and Retail | CMP Rs 237.7 | Shares of Aditya Birla Fashion and Retail declined 2.34 percent after the company posted a net loss of Rs 107.60 crore in the third quarter against a net profit of Rs 11.21 last year.

NMDC | CMP Rs 246.6 | The NMDC stock gained 4.69 percent after the company reported stellar results for the December quarter. India’s largest iron ore producer reported a 62.6 percent on year growth in consolidated net profit at Rs 1,469.73 crore in the December quarter, driven by healthy domestic demand for steel.