Biggest gainers & losers of the day: Bajaj Finance shines; media stocks rally 20%

After a short consolidation, the bulls staged a comeback in the home market on Thursday. Investors indulged in cut price searching amid optimism over financial restoration. The Nifty50 ended 0.7 per cent, or 102.4 factors, larger at 15,737, whereas the BSE-Sensex closed at 52,300, up 0.7 per cent or 358.8 factors.

However, the broader market outperformed the benchmark indices. Media stocks like Network18 and TV18 Broadcast shot as much as 20 per cent, whereas

turned out to be the showstopper. continued to hit decrease circuit limits.

Here is a have a look at the largest movers and shakers of Thursday’s session:


Bajaj Finance: Shares of the largest NBFC of the nation gained 7 per cent to Rs 6,087, following optimistic administration feedback on the firm’s new digital transformation plans. The firm administration reiterated that the worst of the lockdown affect is behind and demand will decide strongly in June.

BF Utilities: The inventory hit the higher circuit restrict of 20 per cent at Rs 417.50. It gained 35 per cent in the final one week. Utility stocks have been witnessing sturdy shopping for as the opening up of the economic system will enhance the energy demand in the nation.

TV18 Broadcast, Network18: Media stocks rose amid expectations of higher promoting income in the subsequent quarter. Network 18 Media Investments ended the day at the higher circuit restrict of 20 per cent at Rs 53.45, whereas TV18 Broadcast jumped 15 per cent to Rs 47.45.

Indiabulls Housing Finance: The NBFC has entered a strategic co-lending partnership with

to supply secured retail loans and secured MSME loans respectively at aggressive charges. The inventory gained 9 per cent to Rs 285.20 .

Accelya Solutions India: Shares of the IT consulting agency jumped as much as 11 per cent to Rs 1206.60 . The firm obtained an honest response from non-retail traders for the provide on the market (OFS). Accelya introduced an OFS of 2.18 million shares, with a ground value set at Rs 910 per share.


PTC India Financial Services: Shares of the NBFC misplaced 6 per cent to finish at Rs 19.25 after the firm reported a consolidated internet loss of Rs 53.66 crore for This fall FY21 in contrast with a internet revenue of Rs 7.05 crore in This fall FY20.

DHFL: Shares of the banrupt Dewan Housing Finance hit the decrease circuit restrict of 10 per cent at Rs 18.55 on Thursday. Investors are promoting the inventory as Piramal Capital & Housing Finance’s Resolution Plan for the firm envisages extinguishing all the fairness shares held by present shareholders of DHFL with out cost of any value to them.

Alkali Metals: Shares of the specialty chemical compounds agency tanked 6 per cent to shut at Rs 73.15 as the firm reported a internet loss of Rs 1.52 crore for the quarter ended March 2021.

Cera Sanitaryware: Shares of Cera Sanitaryware retreated 4 per cent at Rs 4382.25 as the margins of the firm bought impacted throughout the quarter ended on March 31, 2021. Higher enter prices of uncooked materials restricted the revenue development of the furnishing firm.

Shankara Building Products: Net revenue of the constructing materials agency fell 2.04 per cent to Rs 11.07 crore and gross sales declined 3.75 per cent to Rs 642.25 crore in the quarter ended March 2021. The scrip shed 3 per cent to finish Thursday’s session at Rs 443.95.

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