Buzzing Stocks: The domestic stock market was trading with impressive gains in the afternoon deals on Thursday, December 5.
At 1:21 pm, the S&P BSE SENSEX was trading at 81,527.37 levels, up 571 points, or 0.71%, while the NSE's NIFTY50 index was trading at 24,610.25, up 143 points, or 0.58%.
Here is a list of stocks that are buzzing in today's trade.
Swiggy, Zomato: Shares of both online food aggregators hit their respective record-high levels on Thursday, December 5.
Zomato shares rallied as much as 6.35% to hit a record high of ₹304.50 apiece on the BSE, while Swiggy shares jumped up to 11.35% to hit an all-time level of ₹576.95 per share on the BSE.
Cotton Greaves: Shares of
Greaves Cotton, an engineering conglomerate that manufactures clean technology powertrain products for petrol, diesel, and CNG engines and heavy equipment, rallied as much as 8.5% to hit a 52-week high of ₹206.85 apiece on the BSE on Thursday, December 5.
The stock's all-time high level stands at ₹258.85, which was touched on January 21, 2022.
Reliance Power: Shares of Reliance Power hit the 5% upper circuit for the second day in a row on Thursday, December 5. The stock was trading at 43.14 apiece, up 5%, its upper circuit limit, on the National Stock Exchange (NSE). On the BSE, it was up 5% to 43.12 per share.
The surge comes after the Solar Energy Corporation of India (SECI), a key state-run player in the renewable energy sector, withdrew Reliance Power's debarment notice to allow the Anil Ambani-led company to participate in forthcoming tenders of the public sector entity.
Kalpataru Projects International: The stock was trading over 7% higher at ₹1,249.90 on the BSE. In November, the company secured orders worth ₹2,273 crore.
The new orders are for the Transmission & Distribution (T&D) business in India and overseas markets, as well as residential building projects in the country.
HEG Ltd: Shares of the company gained as much as 6.4% to ₹619.25 apiece on the BSE after a block deal worth ₹172 crore in the counter.
Divi's Labs: The stock was trading over 3% lower at ₹6,060.75 on the BSE, as, according to a news report by Moneycontrol, Novartis failed to persuade a US appeals court on Wednesday to halt MSN Pharmaceuticals' proposed generic of Novartis' blockbuster heart drug Entresto.
Divi's Labs has a CDMO contract with Novartis for Entresto.
Vodafone Idea: Shares of Vodafone Idea (Vi) were trading 3.57% lower at ₹8.11 on the BSE.
Vodafone Idea on Wednesday announced plans to raise up to ₹2,000 crore through the issuance of equity shares or convertible securities on a preferential basis to entities belonging to Vodafone Group.
On December 9, 2024, the company's board will meet to discuss this proposal.
Genus Power Infrastructures: The stock was trading 5% lower at ₹439.75 on the BSE. On Wednesday, the company said in its exchange filing that officers of the Directorate of Enforcement conducted a search at the company’s corporate office and chairman’s residence on December 03, 2024.
Indraprastha Gas: The stock was trading 5.47% higher at ₹380 on the BSE as the company's board is slated to meet on December 10, 2024, to mull the proposal for issuance of bonus shares to the equity shareholders of the company in the ratio, as may be fixed.
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