Days Movers: These BSE Group A stocks touch 52-week high on November 15

Know the top gaining stocks in BSE Group ‘A’.

On Tuesday, the frontline index Sensex gained 0.40 per cent or 248.84 points and closed at 61,872.99 as most sectoral indices ended in the green. 

Rail Vikas Nigam Ltd, RailTel Corporation of India Ltd and Gabriel India Ltd witnessed positive action in today’s session. 

Shares of Rail Vikas Nigam Ltd zoomed 11.06 per cent in today’s session and closed at Rs 60.75. In the intraday trades, the shares of Rail Vikas Nigam logged highs and lows of Rs 61.70 and Rs 55.60, respectively. The company was declared a successful bidder in an International project in Maldives named as Development of UTF (Uthuru Thila Falhu-Island) Harbour. The estimated project would cost about Rs 1544.6 crore and the contract is to be executed within two years. 

Another constituent of BSE ‘A’ Group that rallied was RailTel Corporation gaining 8.63 per cent in today’s session to close at Rs 135.90. The intraday high and low were Rs 137.70 and Rs 125.55, respectively. The company has announced its Quarterly Results for Q2FY23 and has reported sales of Rs 428.71 crore rising 19.59 per cent compared to Rs 358.49 crore in the previous year’s same quarter. However net profit declined 18.16 per cent to Rs 55.24 crore from Rs 67.50 crore on a YoY basis. 

Gabriel India Ltd also rallied 8.76 per cent at Rs 178.15 over its previous close of Rs 163.80. The intraday high and low were Rs 179.40 and Rs 164.20, respectively. The company recently declared an interim dividend of Rs 0.90 per share. According to the exchange filing, “The record date for the payment of interim dividend would be Friday, November 18, 2022. The dividend shall be paid, or the dividend warrant shall be dispatched to the shareholders on or before Friday, December 09, 2022.”