Gainers & Losers: Mindtree among 5 stocks in news today
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Newsmakers of D-Street
Benchmark indices ended higher in Friday’s session, tracking gains in the global equity markets. Nifty climbed 1% higher and closed the session at 17,186 points. Broader markets, however, underperformed the headline indices, with Nifty Midcap 100 ending marginally lower.
Here are 5 stocks in the headlines today:
Here are 5 stocks in the headlines today:
2/6
Federal Bank
Shares of the private sector lender ended over 4% higher at Rs 130.35 per share after the bank reported a nearly 53% rise in its standalone net profit for the second quarter to Rs 703.7 crore.
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RITES
Shares of miniratna firm ended close to 2% higher at Rs 387.2 after securing multi-billion order from the Bangalore Metro Rail Corporation. The stock in intra-day trade marked its fresh 52-week high of Rs 404.9.
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4/6
Apollo Micro Systems
Shares of Apollo Micro ended with gains of over 9% at Rs 236.55 after the company’s board approved issuance of warrants.
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Mindtree
Shares of IT major ended close to 2% higher at Rs 3,379.75 apiece after the company reported a 31.5% rise in consolidated revenue for the September quarter to Rs 3,400 crore and the net profit increased 27.5% to Rs 509 crore.
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Bajaj Auto
Shares of Bajaj Auto ended with a cut of around 1% at Rs 3570.5 before its Q2 quarterly numbers.