Mid-day Movers: Adani Power, Aurobindo Pharma and Redington are the top gainers of BSE 500!

With the earnings driving a few stocks, shares of Adani Power, Aurobindo Pharma and Redington have rallied more than 5 per cent in today’s trading session.

While markets opened flat, as of 12.30 PM, BSE 500 was 0.70 per cent up. 

Redington (India) zooms more than 8 per cent 

This mid-size leading products distributor company Redington has rallied more than 8 per cent in the first half of today's trading session. This action is due to a strong Q3 show, where EBITDA grew 22 per cent, and Net profit grew 103 per cent.

Aurobindo Pharma gained 5 per cent 

A mid to large size generic and API manufacturer Aurobindo Pharma gained momentum in the first half of the trading session. Its Q3 results which were released yesterday post-market hours was in line with estimates. Revenue declined 2 per cent, EBITDA declined 6 per cent.

Adani Power jumped more than 10 per cent  

India’s largest thermal power producer Adani Power has got good upward momentum in the first half of today's trading session. Last week, it posted decent Q3 numbers as it had strong double-digit YOY profit growth.