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LIC-Backed Midcap Stock Crashes 18% To Lead Nifty 500 Gainers

Published 12-03-2024, 04:12 pm
Updated 12-03-2024, 05:16 pm
© Reuters.  LIC-Backed Midcap Stock Crashes 18% To Lead Nifty 500 Gainers
LIND
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ELGE
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GDFR
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HEGL
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INGR
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PAFO
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BLKI
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SWAN
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IFIB
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Benzinga - Among the frontrunners, HEG (NS:HEGL) is leading the pack with a significant surge, while Swan Energy (NS:SWAN) heads the list of decliners.

The star performer on Tuesday was HEG which saw its stock price ascend to ₹1,808.85, marking an impressive 7.94% increase from the previous close.

StockCurrent PriceLast Close% Change
HEG ₹1808.85 ₹1675.85 7.94%
Linde India (NS:LIND) ₹6320.25 ₹5906.80 7.00%
Balkrishna Industries (NS:BLKI) ₹2344.40 ₹2246.65 4.35%
Ingersoll Rand (India) ₹3699.35 ₹3546.40 4.31%
Poonawalla Fincorp (NS:POON) ₹471.95 ₹453.50 4.07%

Not far behind, Linde India is also catching the eyes of market watchers, as it soared by nearly 7% to reach ₹6,320.25.

Other stocks that are basking in the limelight include Balkrishna Industries and Ingersoll Rand (India), both of which have registered gains exceeding 4%. Balkrishna Industries saw its shares climb to ₹2344.40, while Ingersoll Rand (India) experienced a jump to ₹3699.35.

On the flip side, Swan Energy is enduring a rough session with its price plummeting by a staggering 18.49% to ₹546.00. This downturn has placed Swan Energy as the most significant loser of the day, reflecting a stark contrast to the day’s winners.

StockCurrent PriceLast Close% Change
Swan Energy ₹546.00 ₹669.85 -18.49%
Godfrey Phillips India (NS:GDFR) ₹3246.35 ₹3637.05 -10.74%
Infibeam Avenues (NS:IFIB) ₹36.25 ₹39.95 -9.26%
Elgi Equipments (NS:ELGE) ₹631.85 ₹684.45 -7.69%
Patanjali Foods (NS:PAFO) ₹1377.85 ₹1485.50 -7.25%

Other stocks that are feeling the heat include Godfrey Phillips India and Infibeam Avenues, with their share prices dwindling by 10.74% and 9.26% respectively. Godfrey Phillips India saw its stock dip to ₹3246.35, while Infibeam Avenues dropped to ₹36.25.

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