As market continues to recover, know which stocks outperformed!

As market continues to recover, know which stocks outperformed!

Shreya Banthia
/ Categories: Trending, Mindshare

Kolte Patil Developers, TTK Prestige and TCNS Brands were among the top gainers in Group A today!

Benchmark indices traded in positive territory with BSE Sensex closing at 55464.39 up 817 points or 1.5 per cent. Nifty50 closed at 16594.90 up 249.55 points or 1.5 per cent.   

   The bull rally continued in the broader markets which largely ended in green territory. BSE Midcap closed at 23206.18 and BSE Smallcap at 26898.29. BSE 500 regained 1.5 per cent or 325 points to close at 22547 for the week.  

  Kolte Patil Developers, TTK Prestige and TCNS Brands witnessed positive action in today’s session.   

  Kolte Patil zoomed 12.35 per cent in today’s session to emerge as the biggest gainer in ‘A‘ Group. 

The shares of the Pune based Real Estate Developer were buzzing on the bourses today, touching the day’s high at Rs 315 and Rs 279.85 as the day’s low. The stock recently posted its Q3 results wherein the net revenue grew by 26.30 per cent on YoY basis at Rs 240.32 crore while the PAT stood at Rs 5.69 crore which was lower by 77.29 per cent on YoY basis. On the back of results, the stock rallied 6.8 per cent on March 8 which saw profit booking on the next session. Today, the stock again surged 12.35 per cent closing Rs 311.60 

TTK Prestige, the pressure cooker manufacturer gained 11.68 per cent in today’s session. The company’s products include Pressure Cookers, Cookware, Kitchen Electrical Appliances, Gas Stoves and Home Appliances. In today’s session, the stock logged an intraday high and low of Rs 917.65 and Rs 783.15 and closed at Rs 863.70.   

TCNS Brands soared 10.92 per cent in today’s session. TCNS Clothing Co Ltd manufactures fashionable garments for women under the brand name W. The rally was led by the launch of the mega campaign by the company – ‘W is More’ whereby the company added new categories like footwear, cosmetics and jewellery to own the complete head to toe fashion space. Today, the stock logged an intraday high and low of Rs 789.20 and Rs 697.25, respectively and closed at Rs 773.90. 

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