These stocks are witnessing positive momentum on Thursday afternoon!
CARE Ratings Ltd, Chennai Petroleum Corporation Ltd, and Rashtriya Chemicals & Fertilizers Ltd are today’s mid-day movers.
The Indian stock market tumbled on Thursday afternoon as Wall Street suffered losses overnight. At 12:45 pm, the S&P BSE Sensex is at 52,908.13 witnessing a 2.40 per cent decline. Let’s see which stocks Group A stocks gained amid this negative atmosphere.
CARE Ratings Ltd, which is a part of the S&P BSE Smallcap index, is a leading credit rating agency in India. At 12:45 pm, the stock has jumped 7.74 per cent and the scrip is currently trading at Rs 441.80.
Chennai Petroleum Corporation Ltd, which is a part of the S&P BSE Smallcap index is in the business of refining crude oil to produce and supply various petroleum products and manufacture and sale of lubricating oil additives. At 12:45 pm, the stock rallied 4.55 per cent and the scrip is currently trading at Rs 329.15.
Rashtriya Chemicals & Fertilizers Ltd, which is a part of the S&P BSE 500 index, is a public sector undertaking (PSU) with a 75% stake owned by GOI. The company is engaged in the manufacturing and marketing of fertilizers and industrial chemicals. At 12:45 pm, the stock surged 3.80 per cent and the scrip is currently trading at Rs 96.90.