LIC-Backed PSU Stock Surged Up 19% To Lead Nifty 500 Gainers

  • Benzinga India
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LIC-Backed PSU Stock Surged Up 19% To Lead Nifty 500 Gainers

Benzinga - NBCC (NS: NBCC ) (India) led the charge with an extraordinary 19.06% increase in its stock price, closing at ₹168.65. LIC (NS: LIFI ) owns a 6.55% stake in the company.

Stock Current Price Last Close % Change
NBCC (India) Ltd. ₹168.65 ₹141.65 19.06%
SJVN (NS: SJVN ) Ltd. ₹142.25 ₹127.55 11.52%
Engineers India Ltd. (NS: ENGI ) ₹261.35 ₹236.9 10.32%
NHPC (NS: NHPC ) Ltd. ₹100.65 ₹91.4 10.12%
Bharat Petroleum (NS: BPCL ) Corporation Ltd. ₹558.35 ₹508.45 9.81%

SJVN and Engineers India also showcased strong performances with gains of 11.52% and 10.32%, respectively. NHPC and Bharat Petroleum Corporation completed the list of top gainers with their stock prices rising by 10.12% and 9.81%.

Conversely, One 97 Communications faced a steep decline, with its stock price dropping by 20%, closing at ₹487.20.

Stock Current Price Last Close % Change
One 97 Communications Ltd. ₹487.2 ₹609.0 -20.0%
Himachal Futuristic Communications (NS: HFCL ) Ltd. ₹96.8 ₹103.45 -6.43%
Bikaji Foods (NS: BIKA ) International Ltd. ₹547.55 ₹584.2 -6.27%
Birla Corporation (NS: BRLC ) Ltd. ₹1533.95 ₹1618.2 -5.21%
Bayer CropScience (NS: BAYE ) Ltd. ₹5788.65 ₹6067.4 -4.59%

HFCL and Bikaji Foods International Ltd also saw notable declines, with their stock prices decreasing by 6.43% and 6.27%, respectively. Birla Corporation and Bayer (ETR: BAYGN ) CropScience rounded out the list of top losers with decreases of 5.21% and 4.59%.

On February 3, the Nifty 50 surged 2% to reach a new all-time high of 22,126.80 but retreated to close at 21,853.80, up 0.72%. Meanwhile, the Sensex hit an intraday high of 73,089.40 with a 2% jump and ended at 72,085.63, up 0.61%. The oil & gas index gained 4%, while the information technology, metal, realty, and power indices rose 1-2%. The bank index experienced a 0.5% decline. Nifty 500 closed 0.67% higher at 19,910.80.

Read Next: Upcoming IPOs In The Month Of February: A Complete List

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  • Vasisht dev @Vasisht dev
    only pimps who sells advices are here morons..
    Like 1

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