These three stocks inched higher as the market tumbles!

Reliance Industrial Infrastructure Ltd, Bigbloc Construction Ltd and Dilip Biocon Ltd witnessed positive action in today’s session.

The global slowdown that is trigged by the coming monetary tightening in the US, severe lockdowns in China, distress in Euro-zone caused by the war and selling in index major are the reasons which triggered today's market fall. S&P BSE Sensex ended at 56,819.39 and Nifty50 ended at 17,038 witnessing a 0.94 per cent decline. 

However, tackling this intense situation these 3 stocks surged today.  

Reliance Industrial Infrastructure Ltd, an industrial infrastructure company zoomed 20 per cent in today’s session to emerge as the biggest gainer in A Group. Today, the stock is locked in its upper circuit at Rs 1132.50 which is also its fresh 52-week high.  

Bigbloc Construction Ltd, which is engaged in the business of manufacturing building blocks, rallied 4.97 per cent in today’s session and closed at Rs 147.50. It has purchased the land for a plant/factory at Wada, Palghar District, Maharashtra, of 38,000 sq. mt in the name of ‘Bigbloc Building Elements’, a wholly-owned subsidiary of the company, under an expansion project. 

Dilip Buildcon Ltd, is a company that specializes in constructing state and national highways, city roads, culverts and bridges. The stock gained 2.71 per cent in today’s session and closed at Rs 272.90. The company has received a provisional completion certificate for the construction of a bridge across the Zuari river. The cost of the project is Rs 440.10 crore.