Gainers and Losers: 10 stocks that moved the most on March 13

The Indian market closed almost 1. 5 percent down on March 13 on continued selloff in mid and smallcap stocks. The Sensex ended 906 points, or 1.23 percent, down at 72,762, and the Nifty was down 338 points, or 1.51 percent, at 21,998. About 372 shares advanced, 3,381 declined and 64 remained unchanged.

Jubilant FoodWorks | CMP Rs 431.35 | Shares of Jubilant FoodWorks declined 3 percent after brokerages were mixed in their response to the company’s recent acquisition of Turkey (DP Eurasia) and Bangladesh businesses. Analysts were cautious on the company’s rising debt-book as they intend to expand Domino’s and Popeyes outlets in India.

ITC | CMP Rs 422 | The ITC stock gained over 4 percent after its top shareholder British American Tobacco sold 3.5 percent stake in the company. Brokerages say the stock has fallen 20 percent from its peak following news of stake sale by BAT and is now trading in attractive valuations.

Macrotech Developers | CMP Rs 1,004 | Shares of Macrotech Developers plunged 10 percent, a day after promoter Sambhavnath Infrabuild and Farms sold 49.7 lakh shares, or a 0.5 percent stake, in the developer at an average of Rs 1,180.02 a share. The transaction was valued at Rs 586.72 crore.

Jupiter Wagons | CMP Rs 308 | Jupiter Wagons stock fell 9 percent along with other railway stocks. Railway stocks have corrected up to 15 percent in the last three sessions due to profit booking, stretched valuations and tax booking, analysts said.

Gensol Engineering | CMP Rs 829.45 | Shares of Gensol Engineering fell 5 percent and hit the lower circuit on the news that Dubai-based hawala operator Hari Shankar Tibrewala’s FPI Zenith Multi Trading DMCC owns a 1.5 percent stake in the company.

Shalby | CMP Rs 216.85 | The Shalby stock fell over 5 percent after the company’s board approved a proposal to acquire a 100 percent stake in a Healers Hospital Private Limited.

Vedanta | CMP Rs 251 | Shares of Vedanta plunged 7 percent after SEBI asked the company to pay Cairn UK Holdings Limited (CUHL) Rs 77.62 crore plus a simple interest of 18 percent per annum for delay in payment of dividend.

Muthoot Capital | CMP Rs 1,346.9 | Muthoot Capital Services shares surged 3 percent intraday after the company announced a tie up with evfin, an EV-focused lending platform, for electric two-wheeler financing. However the stock lost the gains and closed 3 percent lower.

Avenue Supermarts | CMP 3,970 | Avenue Supermarts stock fell 1.5 percent even after the company announced opening of two new stores in Proddatur, YSR Kadapa in Andhra Pradesh, and Shirdi, Maharashtra.

Aurobindo Pharma | CMP Rs 1,003.6 | Shares of Aurobindo Pharma fell almost 4 percent despite the company’s subsidiary restarting distribution of aseptic products. Eugia Pharma Specialities Ltd, a wholly-owned subsidiary, started distribution of aseptic products manufactured at Unit III, which was temporarily suspended.