Biggest gainers & losers of the day: Goa Carbon zooms 20%, RBL Bank bleeds

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New Delhi: Domestic equity markets ended the penultimate session of 2021 on a flat note, with marginal cuts. Gains in IT and healthcare stocks capped the losses on monthly future and options expiry day. However, selling in banks and auto pushed indices lower.

The 30-share pack Sensex dropped 12.17 points or 0.02 per cent to close at 57,794.32. Its broader peer Nifty50 shed 9.65 points or 0.06 per cent to 17,203.95. The broader markets settled mixed as the BSE midcap declined.

Vinod Nair, Head of Research at Geojit Financial Services said, “Domestic bourses witnessed a choppy session lifted by gains in IT and healthcare stocks on the day of the monthly F&O expiry. Globally, markets were mixed as investors are weighing the consequences of a third wave amid surging inflation worldwide.”



Among the stock specific actions, Goa Carbon hit upper circuit followed by a strong rally in the graphite electrode stocks. Nureca continued to gain amidst Omicron spread. led the losers, followed by Purvankara.

Let’s have a look at the biggest movers and shakers of Thursday’s session:


Gainers


Goa Carbon: The petro-products player hit an upper circuit of 20 per cent to Rs 401.80 as the demand for the stock strengthened among the traders. The scrip had taken a hit as its Bilaspur plant was shut temporarily for maintenance work.

: The graphite electrode player zoomed 19 per cent to Rs 524.60 on the back of a strong technical set-up on the daily charts. The traded volume jumped manifold compared to the two-week average. Its only peer HEG surged 13 per cent to Rs 1,849.50.

: The home furnishing player continued its uphill movement. The counter has gained more than 35 per cent in the last week. The scrip settled at Rs 150.70, 18 per cent higher.

Cybertech Systems and Software: The smallcap IT player rallied 17 per cent to Rs 232.10 ahead of its financial results for the third quarter of the current fiscal. Also, the National Stock Exchange of India sought clarification from the company over the spurt in its price and volume.

Nureca: The healthcare supplier advanced 16 per cent to Rs 1957.20 as the Omicron cases rose in the country and states are increasing curbs over the movement and gathering of the people.

Rane (Madras): The Rane Group player added 12 per cent to Rs 403.55 as Japan’s ZF took the controlling stake in the Rane TRW Steering Systems joint venture from the group. ZF has now increased its holding to 51 per cent.

Losers

RBL Bank: The private lender tanked 10 per cent to Rs 130.40 as it wrote off loans worth Rs 300 crore within seven months after sanctioning them, which became the key reason for RBI’s intervention.

Puravankara: The smallcap realty player tanked over 8 per cent to Rs 138.40 as the company entered a framework agreement with Keppel

Development Private Limited (KPDPL), an associate company.

MOIL: The mining player dropped 6 per cent to Rs 170.35 following the company’s intention of share buyback of up to Rs 693.77 crore from the shareholders of up to 3,38,42,668 equity shares at Rs 205 per share.

Adani Green Energy: The green energy player declined 6 per cent to Rs 1,310 ahead of the company’s results for the quarter ended on December 31. The company recently won the Global Sponsor of the Year award from Project Finance International (PFI).

NACL Industries: The agrochemical player fell over 6 per cent to Rs 93.85 on the back of profit booking. The counter had surged over 30 per cent since December 20. BSE had sought clarification from the company over the rise in the price and volume.



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