Gainers and Losers: 10 stocks that moved the most on January 25 Hot Stocks admin January 25, 2024 0 51 11 minutes read While BSE Power Index was up 1 percent, Nifty IT and Pharma were the biggest losers today with the indices down 1.6 and 1.3 percent, respectively On January 25, the Sensex was down 359.64 points or 0.51 percent at 70,700.67, and the Nifty was down 101.40 points or 0.47 percent at 21,352.60. About 2,065 shares advanced, 1,609 shares declined and 84 shares were unchanged. UCO Bank | CMP Rs 41.25 | Shares of UCO Bank fell 3.4 percent after the lender’s net profit plunged 23 percent YoY to Rs 503.83 crore in Q3FY34. The bank’s net interest margin also declined 16 basis points YoY to 3.02 percent. Laurus Labs | CMP Rs 378.5 | Laurus Labs stock fell 5.59 percent after the pharma company reported a fourth consecutive quarterly decline in profit and revenue. In Q3FY24, the firm’s net profits fell 88.5 percent YoY to Rs 23.34 crore. Profits declined due to a 67 percent on-year fall in the CDMO-synthesis business. DLF | CMP 758 | Shares of DLF gained 1.42 percent after the real estate company’s net profit grew 26.6 percent to Rs 655.7 crore. DLF saw a 15-year-high quarterly profit, all-time high pre-sales and Rs 10 billion FCF generation in the third quarter of the current fiscal year. Advertisement Advertisement Dalmia Bharat | CMP Rs 2,202.45 | Dalmia Bharat stock gained 2.21 percent after the company’s net profit increased 22.2 percent to Rs 266 crore. Dalmia Bharat’s revenue from operations grew by 7.3 percent to Rs 3,600 crore, compared to the year-ago period. Tech Mahindra | CMP Rs 1,325 | Shares of Tech Mahindra fell 5.89 percent after the company reported a 60.6 percent fall in net profit to Rs 510 crore year-on-year for the third quarter ended December. Bajaj Auto | CMP Rs 7,570.05 | Shares of Bajaj Auto surged 4.95 percent after the company’s Q3 net profits increased 37 percent to Rs 2,041.88 crore driven by robust sales of its two-wheelers, price hikes and higher realisations amid consistent demand. Ceat | CMP Rs 2,830 | Ceat Tyres stock fell 1.6 percent despite the company reporting a five-fold increase in consolidated net profit at Rs 181.3 crore for the October-December period of FY24, increasing from Rs 34.85 crore in the same period last year, backed by strong operating numbers. Advertisement Advertisement Railtel | CMP Rs 435.9 | Shares of Railtel Corporation jumped 9.69 percent after the company recorded 94.5 percent on-year growth in net profit at Rs 62.1 crore for the quarter ended December FY24. PNB Housing Finance | CMP Rs 821.5 | PNB Housing Finance stock fell 4.45 percent despite the company reporting 25.8 percent YoY growth in net profit to Rs 338.4 crore in Q3. Revenue from operations fell 2.3 percent YoY to Rs 1,754.8 crore for the quarter. Chalet Hotels | CMP Rs 758.25 | Shares of Chalet Hotels gained 1.47 percent after the company’s revenue grew by 29 percent YoY to Rs 373.7 crore in Q3 FY24. Further, the board has also approved raising funds up to Rs 2,000 crore through the issue of equity shares or any other convertible instruments, which will be used towards the paring down of debt, organic and inorganic growth, general corporate purposes, and the redemption of preference shares. Moneycontrol News Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated! `); } if (res.stay_updated) { $(“.stay-updated-ajax”).html(res.stay_updated); } } catch (error) { console.log(‘Error in video’, error); } } }) }, 8000); })