Newsmakers of D-St: Tata stock among 6 counters that hogged limelight today
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Gainers & Losers
The Nifty reversed its four-day losing streak on Friday to end the week well above the 16,000 mark. Among sectors, metals were the top loser while capital goods, consumer durables, auto and FMCG indices saw buying. There were many counters in the limelight for the day, many of whom ended up with smart gains. Here are a handful of them:
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Tata Elxsi
Tata Elxsi shares ended 3.3 per cent higher at Rs 8055.85 on BSE today. In the June quarter, the company reported revenues from operations at Rs 725.9 crore, up 30 per cent YoY. Its net profit rose by 62 per cent YoY in the quarter ended June 2022 to Rs 184.72 crore against last year’s 113.37 crore.
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Federal Bank
Federal Bank shares gained up to 2.6 per cent today to Rs 99.85 after the lender’s June quarter profit surged 54 per cent YoY to Rs 601 crore.
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Larsen & Toubro Infotech
L&T Infotech shares ended at Rs 3,975.15, up 2.62 per cent, after its June quarter rose 27.6 per cent to Rs 633 crore.
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Bharti Airtel
Bharti Airtel shares rallied up to 2.4 per cent at Rs 657.50 during the day. The telecom operator had yesterday announced allotting over 7.1 crore equity shares to Google for Rs 734 apiece.
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GTPL Hathway
GTPL Hathway stock plunged 2.9 per cent to Rs 150 after the company’s net profit fell 9.5 YoY in the quarter ended June 2022 to Rs 48.2 crore against last year’s 53.3 crore.
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Tata Steel Long Products
Tata Steel Long Products plunged 4% to Rs 580 after posting Rs 331 crore net loss in the quarter ended June.