Stocks giving stellar performance since the market opened!
BHEL, HDFC Asset management company Ltd and Indiabulls Housing Finance Ltd are today's mid-day movers.
HDFC Asset Management Company, one of India's largest asset management companies belonging to the largecap sector, has seen a surge since Life Insurance Corporation of India (LIC) has increased its stake to 7.026 per cent from its earlier 5 per cent. The stock is trading at Rs 2222.50 at 1:25 pm, witnessing a 3.6 per cent rise.
BHEL (Bharat Heavy Electric Limited), one of the largest engineering and manufacturing companies in India and a midcap PSU that has achieved another international milestone by winning an order for compressor package from Iraq. Since this news was released on Wednesday the stock price has soared. It is trading at Rs 53.15 at 1:25 pm, witnessing a 7.7 per cent gain.
Indiabulls Housing Finance Ltd, one of the largest housing finance companies in the country, has increased since it announced to raise Rs 50,000 crore in the next fiscal year and is expecting a 15-20 per cent loan growth which will take its balance sheet to the pre-pandemic peak. This smallcap is trading at 164.90 at 1:25 pm, witnessing a 4.5 per cent gain.