Gainers and Losers: 10 stocks that moved the most on January 30

The market ended lower on January 30, with some heavyweights coming under selling pressure in choppy trade. Analysts expect the market to remain volatile ahead of the Budget on February 1 and the US Fed rate decision a day earlier. The Sensex closed 801.67 points, or 1.11 percent, lower at 71,139.90, and the Nifty was down 215.50 points, or 0.99 percent, at 21,522.10. About 2,095 shares advanced, 1,557 declined and 107 were unchanged.

Tata Motors | CMP Rs 864.9 | The stock gained 2.84 percent ahead of its Q3 results announcement on February 2. The rally in the stock has been driven by record sales in JLR segment and upcoming price hike in the company’s personal vehicle segment.

LIC | CMP Rs 933 | LIC went up 1.9 percent and crossed its issue price for the first time after RBI allowed the insurer to increase its stake in HDFC Bank.

Tata Investment Corp | Rs 5,794 | Tata Investment Corporation gained 20 percent and was locked in the upper circuit after the company recorded a 53 percent on-year rise in consolidated net profit (PAT) of Rs 53.2 crore in the December quarter.

BPCL | CMP Rs 502.7 | Shares of BPCL surged 2.04 percent after the company’s consolidated net profit jumped 82 percent year-on-year (YoY) in the October-December quarter of FY24.

Zee | CMP Rs 171.2 | Shares of Zee rallied 5.84 percent on reports that an emergency arbitration hearing that will be held in Singapore on January 31 on its scrapped merger with Sony.

Marico | CMP Rs 524.05 | The  stock gained 1.44 percent after the FMCG company’s net profit grew 16 percent to Rs 386 crore in the December quarter.

Mahindra Logistics | CMP 416.65 | Mahindra Logistics stock slumped 4.78 percent a day after the company reported a loss of Rs 17.41 crore in Q3FY24.

NTPC | CMP Rs 316.1 | NTPC ended 2.6 percent lower after the company’s revenue and EBITDA fell despite an increase in profit  in the December quarter. Revenue fell 3.9 percent to Rs 42,820.38 crore and EBITDA 18 percent to Rs 12,116.42 crore.

PNB | CMP Rs 109.15 | The stock jumped 1.53 percent, extending its gains for the fourth straight session after the bank announced a plan to raise Rs 7,500 crore through Qualified Institutions Placement (QIP) or Follow-on Public Offer (FPO) during FY25.

Vodafone Idea | Rs 14.5 | Vodafone Idea stock fell 1.36 percent after the telecom’s Q3 results disappointed the markets. Revenue was flat at Rs 10,673 crore, while net loss narrowed to Rs 6,985 crore in Q3FY24 from Rs 7,990 crore a year ago.