Gainers & losers: The market today made a good recovery from the lower level and the continuation of the Sensex-Nifty for the last 8 days has stopped. Most of the pharma stocks contributed to bringing the market up, whose Nifty index has also strengthened more than 1 per cent. Apart from this, good support was also received from financial, consumer durables and metal stocks. The BSE Sensex (BSE SENSEX) in Intra-Day was recovering from 76,041.96 and Nifty 50 (NIFTY 50) from 22,725.45 to 22,974.20 in Intra-Day today.
In the end of the day, BSE Sensex has climbed 57.65 points i.e. 0.08% to 75996.86 and Nifty also jumped 0.13% i.e. 30.25 points to close at 22959.50. Talking about individual stocks, some stocks had a sharp stir due to their special activity. Details are being given here, including the cause of fluctuations about these shares.
These shares rose strongly
GSK Pharma. Current price: ₹ 2332.25 (+15.59%)
On the spectacular result of the December quarter, GSK Pharma shares jumped 20% to the upper circuit of ₹ 2421.30. In the December quarter, the company’s net profit increased by more than 5 times on a annual basis to ₹ 45 crore to ₹ 229 crore. During this time, the company’s consulted revenue rose from ₹ 805 crore to ₹ 949 crore. Brokerage firms ICICI Securities and Brokels Firm, such as Motilal Oswal, have retained its positive rating. ICICI Securities has done its target price ₹ 2250 and Motilal Oswal’s target price is ₹ 2170.
Godfrey Phillips. Current price: ₹ 7041.60 (+17.76%)
On the brilliant result of the December quarter, Godfrey Philips shares jumped around 20 per cent in intra-day to about ₹ 7174.90 quite about ₹ 7174.90. Its upper circuit level was at ₹ 7,175.40 today. In the December quarter, the company’s net profit jumped 48.7% on an annual basis to ₹ 315.9 crore and revenue 27.3% to ₹ 1591.2 crore.
Meghmani Organics. Current price: ₹ 73.88 (+3.05%)
Meghmani Organics shares jumped 11.59% to ₹ 80.00 to ₹ 80.00 on the chances of imposing anti-dumping duty on import of titanium dioxide.
Power Grid. Current price: ₹ 263.15 (+2.25%)
For the current financial year 2025, the Powergrid Capital Expenditure has been increased from Rs 18 thousand crore to Rs 23 thousand crore, due to which the shares also jumped 2.47% to ₹ 263.70 in intra-day.
Glenmark Pharma. Current price: ₹ 1376.60 (+4.18%)
Glenmark Pharma’s shares jumped 5.89 per cent to ₹ 1399.15 on a spectacular result of the December quarter. In the December quarter, Glenmark Pharma recovered from a loss of ₹ 470.14 crore on an annual basis and came to a consolidated net profit of ₹ 347.96 crore. During this period, the revenue jumped 35.1% to ₹ 3,387.6 crore. Apart from this, after inspection on facility located in Indore, the US drug regulator FDA has released Form 483 with 5 observations.
These shares collapsed
Bharti Airtel. Current price: ₹ 1675.55 (-2.42%)
According to information received by CNBC-TV18 by sources, Singapore Telecommunications Limited (Singtel) is planning to sell its stake in Bharti Airtel through a block deal. On this revelation, Bharti Airtel’s shares fell 2.98% to ₹ 1665.90 in Intra-Day.
Utkarsh SFB. Current price: ₹ 25.55 (-9.07%)
On the weak result of the December quarter, Utkarsh Small Finance Bank shares were severely broken and broken to the IPO price of ₹ 25 today. It fell 14.59% to ₹ 24.00 in intra-day. Utkarsh Small Finance Bank came into a loss of ₹ 168 crore with a profit of ₹ 116 on an annual basis in the December quarter. During this period, the bank’s net interest income (NII) also fell 0.5% to ₹ 480.1 crore. Provisions and Contegiences rose four times on a annual basis and bounced twice on a quarterly basis to ₹ 423.2 crore. On a quarterly basis, the gross NPA jumped from 3.88% to 6.17% and NPA from 0.89% to 2.5%.
RVNL. Current price: ₹ 342.60 (-4.83%)
On the weak result of the December quarter, the Rail Development Corporation’s shares slipped to ₹ 333.60 at 7.33% in Intra-Day. On the annual basis in the December quarter, Rail Development Corporation Limited (RVNL) fell 13.1% to ₹ 311.6 crore and revenue 2.6% slipped to ₹ 4,567.4 crore.
United Breweries. Current price: ₹ 2022.70 (-0.82%)
United Spirits. Current price: ₹ 1352.45 (-0.93%)
America’s borbon whiskey has been reduced from 150% to 100% in India, due to which the shares of United Bruirji and United Spirits were shocked. In Intra-Day, United Bruise shares fell 2% to ₹ 1998.75 and United Spirits’ shares slipped 2.03% to ₹ 1337.45.
(All expressions from BSE)
Disclaimer: Advice or idea experts/brokerage firms on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Moneycontrol advises to users that always seek the advice of certified experts before taking any investment decision.
GSK Pharma shares have a 20% stormy boom in shares, Brokerage happy with Q3 results
Singtel may sell stake in Bharti Airtel, share 3% falls
UTKARSH SFB: 14% breaks down even under IPO price, entry in the market was done 18 months ago