Mar 25, 2026

Gainers & Losers: RPSG Ventures and L&T among 7 top movers on Wednesday. Here’s why

Shivendra Kumar, ETMarkets.com

D-Street Movers

Indian benchmark indices extended their winning momentum as bulls remained in top form for the second session in a row. Action lifted by banks, auto and consumer stocks lifted the market mood. Nifty settled at 23,306.45, surging by 394.05 points or 1.72%, while the BSE Sensex reclaimed the 75K mark to close at 75,273.45, up 1,205 points or 1.63%.Here are 7 stocks that saw action today:

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RPSG Ventures:

Shares of RPSG Ventures soared 20% to close at Rs 721 on the NSE on Wednesday after United Spirits announced the sale of its wholly owned subsidiary Royal Challengers Bengaluru (RCB) for over Rs 16,600 crore. The RCB deal is being viewed as a key valuation benchmark for the IPL ecosystem, effectively resetting the valuation framework for other franchises. The ripple effect was visible in stocks such as RPSG Ventures and Sun TV, which own Lucknow Super Giants and Sunrisers Hyderabad, respectively.

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Sammaan Capital:

Shares of Sammaan Capital jumped over 12% intraday before closing the session with a 5.65% uptick at Rs 146.30 on the NSE after the Reserve Bank of India (RBI) approved the proposed acquisition of a controlling stake of 66.65% by Avenir Investment RSC, which is owned and controlled by Abu Dhabi-based International Holding Company (IHC).

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L&T:

Shares of construction major Larsen and Toubro rose over 4% to end the session at Rs 3,659 on the NSE on Wednesday, extending gains for a second straight session and rising 9% over the period. The rally follows the company’s announcement that its water and effluent treatment (WET) business has secured a significant design-build-operate order from the Guwahati Metropolitan Drinking Water and Sewerage Board in Assam.

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Manappuram Finance:

Shares of Manappuram Finance settled 3.8% higher at Rs 262.35 on the NSE following Bain Capital’s open offer to acquire 26% stake in Manappuram Finance. The issue will open on April 6 and close on April 20, according to the letter of offer. The shares of the gold financier jumped nearly 7% intraday on Wednesday.

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HDFC Bank:

Shares of HDFC Bank today ended 2% higher at Rs 780.10 on the NSE, recording its second successive uptick after a four-session losing streak. The sudden resignation of Atanu Chakraborty triggered the fall. However, brokerages like BNP Paribas remain positive about the stock's prospects. The brokerage has suggested an 'Outperform' rating for a target of Rs 1,500.

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Fino Payments Bank:

Shares of Fino Payments Bank today surged 10% to settle at Rs 123.70 on the NSE following a 20% Tuesday crash after media reports suggested that the Directorate General of GST Intelligence (DGGI) could recommend a probe by the Enforcement Directorate (ED) into certain online gaming transactions linked to the bank over suspected instances of money laundering.

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Tech Mahindra:

Shares of Tech Mahindra fell over 2% to finish the session at Rs 1,403.50 on the NSE amid selling pressure in select IT stocks. In an otherwise strong market, investors booked profits following a three-session rally in which the stock gained more than 6%.

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