DSIJ Mindshare

Hitachi Energy, KRBL and MOIL were buzzing in todays session!
Shreya Banthia
/ Categories: Trending, Mindshare

Hitachi Energy, KRBL and MOIL were buzzing in todays session!

Among sectoral indices, Banking and Finance and Capital Goods ended the day on a positive note, which was largely outweighed by most other sectors ending in red led by Reality, Infra, Oil & Gas and Basic Material.

The last trading session for the week ended on weak sentiments with benchmark indices closing with marginal losses after trading rangebound. Sensex closed a little lower at 57832.97 with a loss of 59 points or 0.1 per cent. While Nifty closed at 17266.75 with a loss of 38 points or 0.2 per cent. 

In the broader market, BSE Midcap closed at 23771.95 while BSE Smallcap at 27748.30, both ended in the red. BSE 500 also followed suit at 23386.33 a loss of 91 points. Among sectoral indices, Banking and Finance and Capital Goods ended the day on a positive note, which was largely outweighed by most other sectors ending in red led by Reality, Infra, Oil & Gas and Basic Material. 

Hitachi Energy India, KRBL and MOIL witnessed positive action in today’s session. 

Hitachi Energy India soared 7.31 per cent and closed at today’s intraday high of Rs 2137. The stock had logged a fresh 52 week high at Rs 3429.90 after which it saw profit booking. The stock is again trading in positive territory since the last three sessions gaining 10.6 per cent. 

KRBL rallied 4.96 per cent to close at Rs 195.70. The stock saw a recovery in today’s session after being under selling pressure on the back of weak quarterly results. Post- Q3 results the stock has fallen 18.26 per cent to the levels of Rs 186.45. Today, the stock closed at Rs 195.70 with an intra-day high and low of Rs 198.90 and Rs 188.20, respectively. 

MOIL rallied 3.83 per cent in today’s session amid weakness in the sector. The stock closed at Rs 176.20 with an intraday high and low of Rs 178.40 and Rs 169.50. MOIL, under the Ministry of Steel, is the country’s largest manganese ore mining company. The company recently undertook buyback of shares by tender offer route ended on February 10 at an offer price of Rs 205. 

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