Day's Movers: These financial services stocks were among the top gainers on October 27

Know which financial stocks outperformed the sector.

On October 27, the Sensex closed higher by 0.4 per cent or 212.88 points at 59,756.84, while BSE Financial Services gained 0.42 per cent or 35.87 points and closed at 8,579.50. 

  IIFL Finance, RBL Bank and JSW Holding witnessed positive action in today’s session  

 The shares of IIFL Finance zoomed 10.36 per cent in today’s session and closed at Rs 399.45. The shares of the company logged a fresh 52-week high at Rs 403.50 in the intraday trades. The rally in the shares of this NBFC was on the back of strong performance during the quarter that ended September 30, 2022. The NBFC posted net revenue of Rs 2023 crore showing a YoY growth of 21.28 per cent while PAT rose by 36 per cent YoY at Rs 397 crore. The consolidated statement includes the results of four subsidiaries namely IIFL Home Finance, IIHFL Sales Ltd, IIFL Samasta Finance and IIFL Open Fintech Pvt Ltd. 

RBL Bank gained 10 per cent in today’s session and closed at Rs 136.35. The shares of RBL bank logged intraday highs and lows of Rs 137.70 and 123.50, respectively. After two consecutive sessions of trading in red, the stock witnessed fresh buying in today’s session. In the last 3 months, the stock has risen 48.5 per cent. 

JSW Holding Ltd gained as much as 7.82 per cent in today’s session and closed at Rs 4226.25. In intraday trades, the stock logged highs and lows of Rs 4445.95 and Rs 4066.10. The rally was on the back of the news that JSW Steel USA has tied up financing of USD 182 million with Intesa Sanpaolo and Banco BPM, including USD 70 million under the SACE guarantee, for modernizing the Baytown Plate Mill facility.