Gainers and Losers: 10 stocks that moved the most on October 12

On October 12, the Sensex was down 64.66 points or 0.10 percent at 66,408.39, and the Nifty was down 17.30 points or 0.09 percent at 19,794.00.
About 2093 shares advanced, 1455 shares declined, and 122 shares unchanged.

KP Energy | CMP Rs 589 | KP Energy share rose more than 3 percent after receiving an order to construct a 23.1 MW wind capacity forming part of the wind-solar hybrid power project from Aditya Birla Renewable Energy Limited.

PCBL | CMP Rs 203.9 | Shares of PCBL rallied 3 percent after the company was granted two patents for inventions related to speciality-grade and surface-modified carbon black. The stock also hit a 52-week high in the bourses.

MOIL | CMP Rs 247 | Shares of manganese producer MOIL skyrocketed over 7 percent after Quant Mutual Fund’s Gilt Fund bought 11 lakh equity shares or 0.5 percent stake in the counter at Rs 226 apiece via bulk deal, showed data. The stock also hit a 52-week high.

Vivaa Tradecom | CMP Rs 42 | Shares of Vivaa Tradecom Ltd, which is engaged in the manufacturing and trading of clothes and garments, opened 17 percent lower on the listing day after its issue was subscribed nearly 2 times last week.

Cipla | CMP Rs 1,159.45 | Shares of Cipla slipped almost 1 percent after the US Food and Drug Administration (US FDA) inspected the pharma giant’s American facility and issued an establishment inspection report (EIR).

Aster DM | CMP Rs 340 | Hospital chain operator Aster DM Healthcare’s stock soared 5 percent in early trade on October 12, a day after reports of a potential sale of its India business emerged. Private equity firm BPEA EQT and Ontario Teachers’ Pension Plan Board have shown interest in acquiring Aster DM Healthcare Ltd’s assets including its India business, reports said.

Grasim Industries | CMP Rs 2,002.6 | Aditya Birla Group-controlled Grasim Industries went up by 1 percent as the company’s board of directors will meet to consider raising funds through a rights issue or a preferential issue or a qualified institutions placement (QIP). The stock also hit its 52-week high.

Laxmi Organic Industries | CMP Rs 285.6 | Laxmi Organic stock was trading 5 percent lower after the company announced a Rs 259-crore fundraising through Qualified Institutional Placements in the previous day.

Maruti Suzuki | CMP Rs 10,590 | Shares of Maruti Suzuki India Limited gained more than 1 percent, extending gains for the third day in a row. The country’s leading automobile manufacturer announced that it has started exports of the Jimny 5-Door. “The vehicle will be shipped to places like Latin America, Middle East and Africa,” the company said in a press statement on the previous day.

Sula Vineyards | CMP Rs 480.9 | Shares of Sula Vineyards rose 3 percent as the wine producer announced double-digit sales growth in July to September quarter and the first half of the current financial year. Sula also announced its highest-ever Q2 net revenues overall.