Largest gainers & losers of the day: Tanla Platforms zooms 10%, NDTV hits decrease circuit

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New Delhi: Wounded bulls had been again in motion on Dalal Avenue on Tuesday as home fairness markets regained its misplaced floor. Backside hunters flocked in a sync to push to benchmark indices greater, to register the largest acquire of the final one 12 months.

The 30-share pack Sensex rallied 1,736.21 factors or 3.03 per cent to 58,142.05. Its broader peer Nifty50 tanked 509.65 factors or 3.03 per cent to 17,352.45. Among the many broader markets, BSE midcap index gained Three per cent and smallcap index jumped 2 per cent.

Gaurav Bissa, Vice President, Trustline Securities mentioned, “Nifty snapped two day fall and closed on the excessive level of the day. The index opened with a niche and was then seen filling the hole. Nonetheless, that turned out to be the catalyst which pushed the index to greater ranges.”

Among the many gainers, Tanla Platforms and Anant Raj hit an higher circuit every, whereas GMDC and TCPL had been excessive in demand. Quite the opposite, NDTV noticed some profit-booking, Jindal Poly Movies was near a decrease circuit regardless of progress within the internet revenue.

Let’s take a look on the largest movers and shakers of Monday’s session:

GAINERS OF THE DAY

Sree Rayalaseema Hello-Energy Hypo: The smallcap commodity chemical firm soared 19 per cent to Rs 395 after the corporate reported about 55 per cent rise within the internet revenue to Rs 26.6 crore for the quarter ended December 31, 2021.

Gujarat Mineral Development Company: The state-run coal mining firm zoomed 12 per cent to Rs 138.25 after the corporate reported a powerful efficiency within the December 2021 quarter.

TCPL Packaging: The producers of folding cartons rallied 12 per cent to Rs 644.75 after the corporate’s name with analysts and buyers over the earnings for the quarter ended December 2021.

Tanla Platforms: The smallcap IT software program participant hit an higher circuit of 10 per cent to Rs 1,599.60 because it noticed sturdy shopping for at decrease ranges after correcting greater than 25 per cent within the final one month, which made it a sexy purchase.

Anant Raj: The smallcap realty participant additionally hit an higher circuit of 10 per cent to Rs 73.55 after the corporate reported a manifold soar within the internet revenue to Rs 10 crore within the Q3FY22, which was Rs 2.5 crore within the Q3FY21.

LOSERS OF THE DAY

Jindal Poly Movies: The smallcap BOPP movies maker tumbled 17 per cent to Rs 1,067.20 on Monday, regardless of reporting a 11 per cent rise within the internet revenue to Rs 217.98 crore within the quarter ended December 2021 as in opposition to Rs 197.21 crore in the course of the earlier quarter ended December 2020.

Repco Residence Finance: The housing finance participant dropped 12 per cent to Rs 229.05 after the corporate reported a 60 per cent declines within the revenue after tax to Rs 31.47 crore in December 2021 quarter.

Manappuram Finance: The south India based mostly gold mortgage firm reported almost 46 per cent decline in consolidated internet revenue at Rs 261 crore within the quarter ended December 2021 as earnings fell. The scrip tanked 11 per cent to Rs 127.60.

New Delhi Tv: The media and broadcasting participant hit a decrease circuit of 10 per cent to Rs 158.25 on the again of revenue reserving. The counter had risen greater than 46 per cent within the final 5 periods, which turned the merchants cautious.

Rossari Biotech: The speciality Chemical participant shed eight per cent to Rs 1,042.95 after it reported weak operational efficiency in the course of the October-December 2021 interval.



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