Top gainers and losers, Dec 19: Shriram Finance soars 4%, Max Health rises 3%, HCL Tech down 1%; check list

On Thursday, the foreign institutional investors (FIIs) purchased shares worth ₹595.78 crore, while the domestic institutional investors (DIIs) bought equities worth ₹2,700.36 crore on a net basis, as per exchange data.

The 30-share BSE SENSEX jumped 447.55 points or 0.53% to close at 84,929.36. Meanwhile, NIFTY climbed 150.85 points or 0.58% to end at 25,966.40.

NIFTY50 top gainers and losers

The NIFTY50 pack was bolstered by gains in Shriram Finance, which surged 4.10% to close at ₹905.10 per equity share. The stock hit a 52-week high of ₹913.50 apiece, as the company’s board approved entering into definitive agreements with MUFG Bank for an investment of ₹39,618 crore (or about $4.4 billion).

The NBFC said that the funds will be raised through a preferential allotment of equity shares, which will result in MUFG Bank acquiring a 20% stake in the company on a fully diluted basis.

It was followed by Max Healthcare Institute (2.62%), Bharat Electronics (2.49%), Tata Motors Passenger Vehicles (2.43%), and Power Grid Corporation of India (2.21%), which were among the top gainers on Friday.

On the other hand, shares of HCL Technologies closed 1.18% lower at ₹1,641.80 apiece. The top losers included Hindalco Industries (-0.34%), Kotak Mahindra Bank (-0.23%), JSW Steel (-0.20%), and ICICI Bank (-0.18%).

NIFTY Midcap 100 top gainers and losers

NSE’s midcap index, the NIFTY Midcap 100, closed at 60,310.15, marking a 1.20% or 718 points jump, propelled by buying in Tata Elxsi, which advanced by 7.91%.

Coromandel International (7.88%), Waaree Energies (6.20%), Vodafone Idea (5.75%), and KPIT Technologies (5.34%) were among the other top winners.

Vi shares rose as the company announced on Thursday that its subsidiary Vodafone Idea Telecom Infrastructure (VITIL) has completed a ₹3,300 crore fundraise through the issuance of non-convertible debentures.

On the contrary, shares of Blue Star ended 3.86% lower, leading the losses. It was followed by HDFC Asset Management Company (-2.09%), Voltas (-2.08%), Adani Total Gas (-2.07%) and Premier Energies (-1.26%), which were the top laggards.

NIFTY Smallcap 100 top gainers and losers

NSE’s small-cap gauge, the NIFTY Smallcap 100, ended 1.34% or 230.15 points higher at 17,390.35.

The pack was led by Ola Electric Mobility, which closed in the 10% upper circuit band of ₹34.38, after the company on Thursday confirmed the completion of a one-time, limited monetisation of a portion of the founder’s personal shareholding. It was undertaken to fully repay a promoter-level loan of around ₹260 crore.

JBM Auto (4.76%), NBCC (4.56%), Narayana Hrudayalaya (4.52%), and Jyoti CNC Automation (4.42%) were among the top winners.

NBCC stock surged after bagging a ₹179.37 crore order from IIM Sambalpur for project management consultancy (PMC) services for the Phase II Infrastructure Development of the Permanent Campus of IIM Sambalpur. This is the fifth order for the Navratna PSU firm in the month of December.

On the flipside, Five-Star Business Finance (-3.35%), Kajaria Ceramics (-1.87%), Nuvama Wealth Management (-1.85%), The Great Eastern Shipping Company (-1.76%), and Jindal Saw (-1.42%) were among the top losers.