Days Movers: These stocks were among the top gainers on November 10

Know the top gaining stocks in BSE Group ‘A’

On November 10, the frontline index Sensex declined 0.69 per cent or 419.85 points and closed at 60,613.70. 

Neuland Laboratories Ltd, Gujarat Pipavav Port Ltd and Ion Exchange (India) Ltd witnessed positive action in today’s session after revealing their Quarterly Results. 

Shares of Neuland Laboratories Ltd zoomed 20 per cent in today’s session and closed at Rs 1701.80. In the intraday trades, the shares of Neuland logged highs and lows of Rs 1701.80 and 1365, respectively. The company has reported good quarterly earnings for Q2FY23. The company’s revenue stood at Rs 294 crore, up by 13.9 per cent on a YoY basis along with profit after tax (PAT) of Rs 38.30 crore increased by 88.6 per cent against the previous year’s same quarter.

Another constituent of BSE ‘A’ Group that rallied was Gujarat Pipavav Port gaining 7.78 per cent in today’s session to close at Rs 95.55. The intraday high and low were Rs 97.40 and Rs 92.30, respectively Gujarat Pipavav Port also announced its quarterly results for Q2FY23 with net sales of Rs 227.26 crore, up by 16.72 per cent from Rs 45.54 crore of Q2FY22. Profit jumped by 58.38 per cent to Rs 72.12 crore. 

Ion Exchange (India) Ltd also rallied 7.24 per cent at Rs 2399 over its previous close of Rs 2236.95. For the quarter ending September 2022, the company recorded net sales of Rs 447.61 crore from Rs 378.19 crore, up by 18.36 per cent YoY. Net profit stood at Rs 38.99 crore with a YoY growth of 42.2 per cent.