Biggest gainers & losers of the day: BEML flies higher; new debutants bleed

The 30-share pack Sensex tanked 153.43 points or 0.27 per cent to close at 57,260.58. Its broader peer Nifty50 added 27.5 points or 0.16 per cent to 17,053.95. The broader markets underperformed as the BSE midcap index shed a per cent, whereas the smallcap index tanked 2 per cent.

“Markets ended almost unchanged amid volatility, taking a breather after the recent fall. After the weak start, the benchmark gradually recovered as the day progressed, thanks to the rebound in index majors from across the board. However, the profit-taking at higher levels capped the upside till the end,” said Ajit Mishra, VP – Research,

Broking.



Recently listed Tarson Products was the top loser for the day as investors took some money off the table, followed by Sapphire Foods. and , on the other hand, were today’s top gainers.

Let’s have a look at the biggest movers and shakers of Monday’s session:


GAINERS

Pilani Investment and Industries Corporation: The holding company surged 17 per cent to Rs 2,219 on the back of a strong technical set-up. The daily traded volume jumped manifold compared to the two-week average.

BEML: The commercial vehicle PSU continued its northward rally for the third straight session, hitting a new 52-week high. The stock zoomed 13 per cent to Rs 1,875.

Raymond: The textile major rallied 10 per cent to Rs 657 after the company released its investors’ presentation following the analyst/investor meeting held last week.

Surya Roshni: The electric product’s maker advanced 8 per cent to Rs 600 as the company appointed Pramod Jain as an Additional Director (Non-Executive; Independent) of the company.

Dr. Lal PathLabs: The healthcare services provider gained 7 per cent to Rs 3,899.65 in the anticipation of higher testing of foreign visitors or the returnees from overseas amid fear of new variant breakouts in India.

LOSERS

Tarson Products: The newly listed player bled 14 per cent to Rs 722.35 as investors booked profits in the company post a 27 per cent rise the counter on its debut on Dalal Street last Friday.

Sapphire Foods: The recently listed company declined 11 per cent to Rs 992.40 ahead of the company’s results for the quarter and nine months ended on December 31, 2021.

Tourism Finance Corporation of India: The smallcap NBFC tanked 11 per cent to Rs 56.50 on the back of weak technical set-up on the daily chart. The traded volume of the counter jumped manifold compared to the two-week average volume.

Borosil: The houseware maker shed 9 per cent to Rs 287.90 as the investors booked profits in the counter amid the weak sentiments for small- and midcap stocks. It had rallied about 20 per cent in the last week despite the correction.

Mangalam Organics: The chemical player dropped 9 per cent to Rs 1,006.30 following the company’s interactions with analysts/investors on Saturday via video conferencing.