Nifty 500 Losers: PSU Stocks Tank Over 8%
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Benzinga – The star performer of the day was Prism Johnson Limited, which saw a significant surge of 7.58%. The stock closed at ₹183.0, up from its last close of ₹170.10. This impressive performance was closely followed by Swan Energy Limited (NS:), which jumped by 7.56% to close at ₹708.20.
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Other notable gainers included Birla Corporation (NS:) Limited and Olectra Greentech (NS:) Limited, which rose by 6.49% and 6.38% respectively. Grasim Industries (NS:) Limited also had a strong day, with a gain of 5.41%.
Stock
Current Price
Last Close
% Change
Prism Johnson Limited
₹183.0
₹170.1
7.58%
Swan Energy Limited
₹708.2
₹658.45
7.56%
Birla Corporation Limited
₹1696.15
₹1592.85
6.49%
Olectra Greentech Limited
₹1999.75
₹1879.8
6.38%
Grasim Industries Limited
₹2168.5
₹2057.3
5.41%
However, not all stocks enjoyed a positive day. Power Finance (NS:) Corporation Limited led the pack of losers, tumbling by a significant 8.47% to close at ₹428.85. General Insurance Corporation of India and Rail Vikas Nigam (NS:) Limited also took a hit, dropping by 8.18% and 7.97% respectively.
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Stock
Current Price
Last Close
% Change
Power Finance Corporation Limited
₹428.85
₹468.55
-8.47%
General Insurance Corporation of India
₹405.0
₹441.1
-8.18%
Rail Vikas Nigam Limited
₹259.25
₹281.7
-7.97%
Ratnamani Metals & Tubes Limited
₹3187.45
₹3457.7
-7.82%
BEML (NS:) Limited
₹3247.15
₹3515.45
-7.63%
The downward trend continued with Ratnamani Metals & Tubes Limited and BEML Limited, which fell by 7.82% and 7.63% respectively. These stocks closed the day at ₹3187.45 and ₹3247.15.
After a day marked by volatile trading, India’s key indices managed to rebound from intraday lows, finishing the week on a positive note. Despite broader market indices ending approximately 1% lower, specific sectors like Metal and Oil & Gas witnessed declines exceeding 1%.
By the closing bell, the edged higher by 167.06 points, or 0.23%, to settle at 71,595.49, while the gained 64.55 points, or 0.3%, closing at 21,782.50.
Read Next: ITC Gets Downgraded By Jefferies As BAT (LON:) Stake Sale Weighs Heavy On Stock
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Benzinga – The star performer of the day was Prism Johnson Limited, which saw a significant surge of 7.58%. The stock closed at ₹183.0, up from its last close of ₹170.10. This impressive performance was closely followed by Swan Energy Limited (NS:), which jumped by 7.56% to close at ₹708.20.
Other notable gainers included Birla Corporation (NS:) Limited and Olectra Greentech (NS:) Limited, which rose by 6.49% and 6.38% respectively. Grasim Industries (NS:) Limited also had a strong day, with a gain of 5.41%.
| Prism Johnson Limited | ₹183.0 | ₹170.1 | 7.58% |
| Swan Energy Limited | ₹708.2 | ₹658.45 | 7.56% |
| Birla Corporation Limited | ₹1696.15 | ₹1592.85 | 6.49% |
| Olectra Greentech Limited | ₹1999.75 | ₹1879.8 | 6.38% |
| Grasim Industries Limited | ₹2168.5 | ₹2057.3 | 5.41% |
However, not all stocks enjoyed a positive day. Power Finance (NS:) Corporation Limited led the pack of losers, tumbling by a significant 8.47% to close at ₹428.85. General Insurance Corporation of India and Rail Vikas Nigam (NS:) Limited also took a hit, dropping by 8.18% and 7.97% respectively.
| Power Finance Corporation Limited | ₹428.85 | ₹468.55 | -8.47% |
| General Insurance Corporation of India | ₹405.0 | ₹441.1 | -8.18% |
| Rail Vikas Nigam Limited | ₹259.25 | ₹281.7 | -7.97% |
| Ratnamani Metals & Tubes Limited | ₹3187.45 | ₹3457.7 | -7.82% |
| BEML (NS:) Limited | ₹3247.15 | ₹3515.45 | -7.63% |
The downward trend continued with Ratnamani Metals & Tubes Limited and BEML Limited, which fell by 7.82% and 7.63% respectively. These stocks closed the day at ₹3187.45 and ₹3247.15.
After a day marked by volatile trading, India’s key indices managed to rebound from intraday lows, finishing the week on a positive note. Despite broader market indices ending approximately 1% lower, specific sectors like Metal and Oil & Gas witnessed declines exceeding 1%.
By the closing bell, the edged higher by 167.06 points, or 0.23%, to settle at 71,595.49, while the gained 64.55 points, or 0.3%, closing at 21,782.50.
Read Next: ITC Gets Downgraded By Jefferies As BAT (LON:) Stake Sale Weighs Heavy On Stock
Read the original article on Benzinga
