Gainers and Losers: 10 stocks that moved the most on October 9

Gainers and Losers: 10 stocks that moved the most on October 9

About 971 shares advanced while 2,702 shares declined, and 125 shares unchanged.

The Sensex was down 483.24 points or 0.73 percent at 65,512.39, and the Nifty was down 141.20 points or 0.72 percent at 19,512.30. About 971 shares advanced, 2,702 shares declined, and 125 shares were unchanged.

Adani Ports


Adani Ports | CMP Rs 789.80 | The stock price of Adani Ports fell over 4 percent on mounting concerns over the fate of the Haifa Port that the Gautam Adani-led company controls in northern Israel, after the Hamas launched an attack on the country. The company had acquired the port in northern Israel earlier this year for a total consideration of $1.18 billion.

MCX

MCX | CMP Rs 2065 | Shares of Multi Commodity Exchange of India (MCX) advanced 5 percent intraday to a 52-week high before losing gains to close at 1 percent higher after it received the approval from SEBI tech panel to launch a new web-based commodity derivatives platform (CPD) after several delays with the market regulator earlier.

Jupiter Life Line Hospitals

Jupiter Hospitals | CMP Rs 1070 | Shares of Jupiter Life Line Hospitals slumped over 7 percent after the company reported an 18 percent erosion in net profit for the June quarter at Rs 30.4 crore.

TCS

TCS | CMP Rs 3633 | Shares of Tata Consultancy Services traded 1.27 percent higher on intraday and hit a 52-week high after the company announced plans to consider a share buyback, along with its July-September results on October 11. The stock closed 0.32 percent higher.

Prestige Real Estate

Prestige Estate Projects | CMP Rs 663.95 | Prestige Estates Projects share price added more than 2 percent to touch its 52-week high of Rs 699 in the early trade after the company registered record-breaking highest sales during the first half of FY24. The stock shed its gains to close 0.56 percent lower. During H1FY24, the Group registered record-breaking highest sales of Rs 11,007.3 crore, up by 69 percent YoY and collections of Rs 5,380.6 crore, up by 13 percent YoY.

Kaynes Technology

Kaynes Technology | CMP Rs 2649.90 | Shares of Kaynes Technology closed 3.95 percent higher after the company entered into a memorandum of understanding (MoU) for setting up an outsourced semiconductor assembly and testing (OSAT) and compound semi-conductor manufacturing facility in Telangana. The stock hit a fresh lifetime high on the bourses today.

Hero Motocorp

Hero MotoCorp | CMP Rs 2960 | Shares of Hero MotoCorp closed down 2.5 percent after Delhi Police filed a case against Pawan Munjal, managing director and chief executive of the company. Sources told CNBC-TV18 that the Vasant Kunj Police Station filed a first information report (FIR) relating to an old matter dating back before 2010, against the company and Munjal.

Inox Green, representational image

Inox Green | CMP Rs 64.78 | Shares of Inox Green Energy Services fell 1.86 percent after the company signed a term sheet for divestment of 100 percent stake in Nani Virani Wind Energy Private Limited SPV. The SPV, which is a 50 MW operational wind farm located in Gujarat, was commissioned in May, 2023. The divestment is part of the strategic decision taken by the company to become net debt-free.

Metrolois Healthcare

Metropolis Healthcare | CMP Rs 1502 | Shares of Metropolis Healthcare closed 2.1 percent higher as the company reported a strong Q2FY24 with early double digit growth YoY for its core business and also witnessed expansion in operating margins, sequentially. The company announced its Q2FY24 results on October 6.

Policy Bazaar

PB Fintech | CMP Rs 753.80 | Shares of PB Fintech, which operates Policybazaar, closed below 1 percent as Softbank entities SVF Python II (Cayman) and SVF India Holdings (Cayman) offloaded 11.4 million shares in the insurance player on October 6, Friday.

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