As market recovered from intraday low, know which stocks rallied today!

UTI AMC, KSB Ltd and Paisalo Digital witnessed positive action in today’s session.

After a low start, the benchmark indices made a strong recovery ending the day’s session in green. BSE Sensex closed at 56241.47 up 383 points or 0.7 per cent making an intra-day high and low of 56324.54 and 54833.50. Likewise, Nifty50 closed at 16793.90 up 135points or 0.8 per cent. 

In the broader market, BSE Midcap closed at 23355.61 while BSE Smallcap at 26662.33, both ended in positive territory. BSE Metal was the top-performing sectoral index, gaining a massive 5.5 per cent with Energy, Oil & Gas and basic material also showing strength. 

UTI AMC, KSB Ltd and Paisalo Digital witnessed positive action in today’s session. 

UTI AMC made a comeback recovery of 10.66 per cent in today’s session after being beaten down by 11.52 per cent in last one week. The asset management company had reported weak Q3 results and was ever since under selling pressure sliding from the levels of Rs 970 to Rs 724. 

In today’s session, the stock logged an intraday high and low of Rs 880.55 and Rs 72445 and closed at Rs 812. 

KSB Ltd rallied 9.77 per cent on the back of achieving all-time high sales for the year 2021. The company achieved sales of Rs 1497 crore for the year up by 24 per cent compared to last year, while the quarter ended December 2021, sales stood at Rs 444.6 crore, up by 20 per cent on YoY basis. Further, the company claimed a steady inflow of orders for pumps, with orders on hand for about 7-8 months. Today, the stock logged an intraday high and low of Rs 1122.2 and Rs 1013.35, respectively and closed at Rs 1094.45. 

Paisalo Digital rallied 9.25 per cent in today’s session and the stock closed at Rs 665.95 with an intraday high and low of Rs 676.65 and Rs 586. The AI-driven NBFC has informed in its exchange filing the redemption of its listed non-convertible debentures at par.