Gainers and Losers: 10 stocks that moved the most on February 14

Gainers and Losers: 10 stocks that moved the most on February 14

All sectoral indices except IT and pharma closed higher. About 2,317 shares advanced, 1,395 declined and 81 remained unchanged

The equity benchmarks made a smart recovery to close higher on February 14. The Sensex gained 277.98 points or 0.39 percent to close at 71,833.17 and the Nifty 96.70 points or 0.44 percent at 21,840. About 2,317 shares advanced, 1,395 declined and 81 remained unchanged.

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Sansera Engineering | CMP Rs 1,023 | Shares of Sansera Engineering gained 3 percent after the company’s net profit jumped 55 percent on-year to Rs 48.4 crore. 

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IREDA | CMP Rs 170.25 | The IREDA stock surged 5 percent to get locked in upper circuit after 2 crore shares exchanged hands at average price of Rs 160. The deal was worth Rs 389.8 crore.

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Paytm | CMP Rs 342.15 | Shares of Paytm declined 10 percent and got locked in a lower circuit after CNBCTV18 reported that ED initiated a preliminary inquiry against Paytm Payments Bank.

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Garden Reach Shipbuilders | CMP Rs 815 | Garden Reach Shipbuilders stock jumped 2.18 percent after the company reported 38 percent on-year increase in net profit at Rs 88.3 crore.

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BPCL | CMP Rs 626.95 | Shares of BPCL surged 7.3 percent after BPCL ESPS Trust sold 68,36,948 equity shares in the company in a block deal.

Bharat Electronics

Bharat Electronics | CMP Rs 182 | The Bharat Electronics stock gained 3 percent after the company received a Rs 2,167.47-crore order from the Indian Navy to supply indigenously designed and developed EW suite for use on-board warship.

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Godrej Properties | CMP Rs 2,324.95 | Shares of Godrej Properties jumped 2 percent after the company acquired a 12.5-acre land parcel in Rajendra Nagar in Hyderabad. According to the company, the property will provide a estimated revenue potential of Rs 3,500 crore.

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NALCO | CMP Rs 155.4 | The Nalco stock gained 9.48 percent after the company’s net profit surged 84 percent on year to Rs 470.61 crore in the December quarter, despite muted topline growth, backed by strong operating numbers with fall in input cost and power & fuel cost.

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L&T Technology Services | CMP Rs 5,425 | Shares of L&T Technology Services and other IT companies fell after US inflation data number came higher than expected, reducing chances of rate cuts in March.

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Glenmark Pharmaceuticals | CMP Rs 796 | Shares of Glenmark Pharma and those of other pharma companies traded down after investors booked profits in most stocks.

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