Inventory Market roundup: Sensex surges 750 factors, Nifty above 14,750; key shares that moved most right now
The market started on an excellent observe, gaining round 1.5 % on the again of optimistic home knowledge and auto gross sales quantity on the primary day of March
The market began on an excellent observe, gaining round 1.5 % on the again of optimistic home knowledge and auto gross sales quantity on the primary day of the month on Monday.
Within the course of, it recovered a number of the losses that it had incurred within the earlier session.
On the shut, Sensex was up by 749.85 factors (1.53 %) at 49,849.84. Nifty, too, ended within the inexperienced, ending at 14,761.50, which was up 232.30 factors (1.6 %).
Listed here are 10 shares that moved essentially the most on 1 March:
Maruti Suzuki: The inventory closed at Rs 7,018.90, including 2 % after the carmaker reported higher February gross sales. Throughout the month, 1,64,469 automobiles had been bought, a 12 months-on-12 months (YoY) progress of 11.8 %. The corporate additionally bought 1,05,986 items of passenger automotive, a YoY rise of 6.1 % in comparison with 99,871 items in February 2020.
TVS Motor: The inventory rose 3 % on the again of the corporate reporting 18 % rise in gross sales in February 2021 YoY — in comparison with at 2,97,747 items this February, the corporate had bought 2,53,261 items in February 2020. Even 2-wheeler gross sales grew by 21 % YoY.
RITES: It closed at Rs 258.85, gaining over 5 % after the corporate acquired orders value Rs 93.18 crore.
Siemens: The inventory rose 3 %. The corporate closed the acquisition of C&S Electrical after receiving approval of the Competitors Fee of India on August 20, 2020.
Bharat Dynamics: The inventory jumped over 5 % as the corporate obtained an order value Rs 372.98 crore for the availability of MRSAM Missile Rear Sections for Indian Air Drive deliverables.
Tata Motors: The inventory was up over 1 % after the auto main’s registered sale of 61,365 items in comparison with the YoY determine of 40,619 items — an increase of 51.1 per. Business car gross sales rose 21 % and home gross sales jumped 54 %. At 27,225 items, passenger car gross sales for February had been the best in almost 9 years.
Sterlite Tech: On March 1, the shares gained over 3 per ent after the corporate obtained orders value $100 million within the West Asia to arrange a community and infrastructure for 5G wi-fi service.
KEC Worldwide: The shares had been up 5 %, as the corporate obtained orders value Rs 1,140 crore throughout companies.
Biocon: The inventory was up by 2 %.
Manappuram Finance: The inventory closed at Rs 174.55 and ended within the pink. The corporate is contemplating a number of choices to lift funds.
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