Gainers and Losers: 10 stocks that moved the most on February 22

On February 22, the Sensex was up 535.15 points or 0.74 percent at 73,158.24, and the Nifty was up 162.50 points or 0.74 percent at 22,217.50. About 1,843 shares advanced, 1,832 shares declined and 107 shares unchanged.

MTAR Technologies | CMP Rs 2,024.9 | MTAR Technologies and other space-related stocks surged after the Union Cabinet approved changes to the Foreign Direct Investment Policy (FDI) in the space sector.

ABB India | CMP Rs 5,439 | Shares of ABB India gained 9.11 percent and hit a fresh all-time high. The stock has been rising since it announced its results earlier this week. Nomura has double-upgraded ABB India to ‘buy’ from ‘neutral’, given the company’s order outlook, and raised the target to Rs 5,740 from Rs 3,575 earlier, on account of rising convergence between automation, electrification, and premiumisation.

Devyani International | CMP Rs 164.25 | Devyani International stock fell 1.68 percent after Yum Restaurants divested the entire 4.4 percent stake in the KFC operator, valuing the transaction at Rs 871 crore.

Eureka Forbes | CMP Rs 491.95 | Shares of Eureka Forbes declined 3.55 percent after a block deal involving 1.79 crore shares or a 9.3 percent equity stake worth Rs 975 crore took place in the bourses. Lunolux the promoter entity of Eureka Forbes is the likely seller, as it was reported to sell its stake in the company.

LTI Mindtree | CMP Rs 5,483.5 | LTI Mindtree stock gained 1.17 percent a day after the IT services company signed a memorandum of understanding with insurer Eurolife FFH to set up generative Al and digital hubs in Europe and India.

Phoenix Mills | CMP Rs 2,811 | Shares of Phoenix Mills declined 2.94 percent with below-average trade volumes. Around 5 lakh shares exchanged hands compared to the monthly average of 6 lakh shares.

Yes Bank | CMP Rs 27.25 | Yes Bank stock surged 6.65 percent with strong trade volume on February 22. 75 crore shares exchanged hands, higher than the monthly average of 61 crore.

South Indian Bank | CMP Rs 35.65 | Shares of South Indian Bank surged 9.52 percent with strong trade volumes. 7 crore shares exchanged hands compared to a weekly average of 3 crore.

TCS | CMP Rs 4,082.55 | TCS stock gained 2.28 percent with high trade volumes. 30 lakh shares exchanged hands against a weekly average of 13 lakh.

Strides Pharma | CMP Rs 808 | Shares of Strides Pharma declined 2.66 percent with weak trade volumes. 3 lakh shares were traded in the bourses against the monthly average of 10 lakhs.