Gainers and Losers: 10 stocks that moved the most on February 23

On February 23, the Sensex was down 15.44 points or 0.02 percent at 73,142.80, while the Nifty was down 4.80 points or 0.02 percent at 22,212.70. About 1941 shares advanced, 1752 shares declined, and 97 shares unchanged.

Vodafone Idea | CMP Rs 17.55 | Shares of Vodafone Idea soared 7.67 percent, extending its rally for the second session after 6 percent jump in the previous session. The rally is following the company’s announcement that its board is set to meet on February 27 to consider proposals to raise funds.

Sona Blw Precision Forgings | CMP Rs 649 | Sona Blw Precision Forgings stock rose 5.88 percent after the company became the first automotive component manufacturer to receive certification under the Auto Production Linked Incentive (PLI) scheme.

Dilip Buildcon | CMP Rs 458 | Shares of Dilip Buildcon fell 1.62 percent despite the infra company executed a concession agreement with the Public Works Department in Goa. The total cost of the project is Rs 270.07 crore.

Indus Towers | CMP Rs 240.5 | Shares of Indus Towers surged 6.82 percent after Vodafone’s board announcement of meeting for fund raising. Vodafone Idea was not paying Indus Towers on time, leading to receivables at one point rising to Rs 5,500 crore, according to a note from BofA Securities on January 10. The brokerage noted that the situation has improved and the company has been paying monthly invoice regularly.

Orient Cement | CMP Rs 242.55 | Orient Cement stock fell 5.64 percent with higher than average trade volume in the session. 20 lakh shares were traded compared to the monthly average of 8 lakh.

Olectra Greentech | CMP Rs 2,043.5 | Shares of Olectra Greentech fell 2.76 percent as investors booked profit after the stock gained in the previous session due to winning Rs 4,000 crore from Brihanmumbai Electricity Supply and Transport Undertaking (BEST) for the supply, operation and maintenance of 2,400 electric buses.

Jaiprakash Associates | CMP Rs 24.4 | Jaiprakash Associates stock fell 4.87 percent with strong trading volumes in the bourses. 6 crore shares exchanged hands against the monthly average of 4 crore.

Yes Bank | CMP Rs 26.25 | Shares of Yes Bank fell 3.31 percent after Goldman Sachs downgraded the lender along with SBI Bank and ICICI Bank, reasoning the Goldilocks period of strong growth and strong or visible profitability was over for the financial sector for the near term.

Astral | CMP Rs 2,077 | Astral stock rallied 5.69 percent with strong trade volumes. 30 lakh shares were traded compared to the monthly average of 7 lakh.

IRCTC | CMP Rs 963 | Shares of IRCTC gained 2.92 percent with strong volumes in the session. 85 lakh shares exchanged hands against the monthly average of 36 lakh.