Know which ‘A group stocks zoomed to lock in the upper circuit today!
Valiant Organics, Shankara Building Products and NIIT were among the top gainers in Group A today!
Taking a cue from their global counterparts Indian markets opened on a positive note after a long weekend which shortly subsided and turned negative among most sectors. The benchmark index BSE Sensex closed 57292.49 down 571 points or 1 per cent. While Nifty50 closed at 17117.60 down 169 points or 1 per cent.
In the broader market, metal continued to maintain its shine at the cost of power, oil & gas and FMCG losing its lustre in today’s trade.BSE Midcap closed lower at 23661.79 and while Smallcap was up at 27811.06.
Valiant Organics, Shankara Building Products and NIIT witnessed positive action in today’s session.
Valiant Organics zoomed 20 per cent in today’s session to emerge as the biggest gainer in ‘A‘ Group. The shares of the chemical manufacturer touched the day’s high at Rs 1034.70 at which it was locked in the upper circuit. The share touched its day’s low at Rs 876. The company focuses on the manufacturing and marketing of different types of chlorophenol which has several applications mainly in the agro-chemical industry, pharmaceutical industry, dyes industry, manufacturing of cosmetics and veterinary drugs.
Shankara Building Products rallied 9.53 per cent in today’s session while logging a fresh 52-week high at Rs 838.10. The stock logged its day’s low at Rs 741.20 and finally closed at Rs 819.75. The company is a leading organized retailer of home improvement and building products in India, operating under the brand name ‘Shankara Buildpro’.
NIIT soared 9.35 per cent in today’s session. The stock logged an intraday high and low of Rs 522 and Rs 471.85, respectively and closed at Rs 516.35. It also logged its fresh 52-week high at today’s intra- day high. NIIT is a provider of global information technology (IT) learning solutions.