Gainers and Losers: 10 stocks that moved the most on February 19

The benchmark Nifty hit a new high of 22, 187 , as the market closed in the green for the fifth successive session. On February 19, the Sensex closed 281.52 points or 0.39 percent higher at 72,708.16, and the Nifty 81.60 points or 0.37 percent up at 22,122.30. About 2,395 shares advanced, 1,360 declined and 141 were unchanged.

RVNL | CMP Rs 266.4 | The RVNL stock surged 5.84 percent after the company said its order book grew to Rs 65,000 crore. The state run company is looking out for projects in off-shore markets, including Central Asia and the UAE and Western Asia, it said in an investors call.

Schaeffler India | CMP Rs 3,020 | Shares of Schaeffler India declined 1.44 percent after the company recorded a 9.25 percent on-year decline in consolidated net profit at Rs 209.6 crore in Q3, impacted by weak operating numbers.

MRPL | CMP Rs 287.8 | Mangalore Refinery and Petrochemicals Ltd rallied 18 percent, extending its monthly gains to nearly 60 percent in February and a total of 33 percent in January. Year-to-date, the stock has surged 113 percent with increased volumes. The scrip gained despite downgrades from several analysts after its Q3 earnings performance.

LIC | CMP Rs 1,054 | Shares of Life Insurance Corporation of India closed 1.36 percent higher after the insurer announced that it received refund orders worth Rs 21,740 crore. The refund was for the 2012-2019 period. The total refund value is Rs 25,464 crore and the company was pursuing the balance with the Income Tax Department, the company said in a regulatory filing

CRISIL | CMP Rs 5,069 | The CRISIL stock zoomed nearly 10 percent after the rating agency reported a 33 percent on-year increase in consolidated net profit in the December quarter. The net profit came in at Rs 210.1 crore, driven by healthy operating numbers. Revenue jumped 11.6 percent year-on-year to Rs 917.7 crore.

Dr Reddy’s Laboratories | CMP Rs 6,415 | Shares of Dr Reddy’s Laboratories gained 1.55 percent following reports that the company is in the race to acquire Novartis AG’s stake in Novartis India. The management of Dr Reddy’s has also repeatedly hinted at its interest in acquiring a domestic-focused portfolio.

Quess Corp | CMP Rs 539.45 | Shares of Quess Corp soared 7.59 percent after the company announced it will split into three independent entities, a move aimed at unlocking shareholder value.

PB Fintech | CMP Rs 1004 | The PB Fintech stock rallied 7.81 percent after the company announced that its wholly-owned subsidiary, Policybazaar Insurance Brokers, obtained approval from the Insurance Regulatory and Development Authority of India (IRDAI) to upgrade its licence from a direct insurance broker to a composite insurance broker.

NHPC | CMP Rs 97.05 | The stock gained 4.52 percent after Prime Minister Narendra Modi laid the foundation for the 300 MW solar power plant in Rajasthan being set up by NHPC. According to the exchange filing, the project is being set up by NHPC under the CPSU Scheme, Phase-II, Tranche-III with total investment of over Rs 1,732 crore and is to be commissioned by September.

Sula Vineyards | CMP Rs 568 | Shares of Sula Vineyards fell 8.02 percent after a block deal worth Rs 676.6 crore took place in the counter. While Moneycontrol could not immediately identify the buyers and sellers involved in the transaction, it reported on February 16 that Belgian investment holding firm Verlinvest was planning to make a complete exit.