Tata Fund-Backed Small Cap Stock Flies 11% To Lead Nifty 500 Gainers

  • Benzinga India
  • Stock Market News
Tata Fund-Backed Small Cap Stock Flies 11% To Lead Nifty 500 Gainers
Credit: © Reuters.

Benzinga - Leading the pack of top performers on Thursday was Graphite India Ltd. (NS: GRPH ), which saw an impressive 11.43% rise in its stock price. The stock closed at ₹607.85, a significant leap from its last close at ₹545.5. Tata Small Cap Fund owns a 1.04% stake in the company.

Stock Current Price Last Close % Change
Graphite India Ltd. ₹607.85 ₹545.5 11.43%
ABB India (NS: ABB ) Ltd. ₹5425.0 ₹4984.7 8.83%
Data Patterns (India) Ltd. ₹2239.05 ₹2060.45 8.67%
Tata Investment Corporation Ltd. (NS: TINV ) ₹6977.5 ₹6474.7 7.77%
NCC (NS: NCCL ) Ltd. ₹243.05 ₹226.55 7.28%

Following closely was ABB (ST: ABB ) India Ltd. with an 8.83% increase in its stock price. The stock closed at ₹5425.0, compared to its previous close at ₹4984.7.

Data Patterns (India) Ltd. also had a strong showing, with its stock price rising by 8.67% to close at ₹2239.05. This was a notable increase from its last close at ₹2060.45.

Tata Investment Corporation Ltd. and NCC Ltd. rounded out the top five performers with 7.77% and 7.28% increases in their stock prices, respectively. Tata Investment Corporation Ltd. closed at ₹6977.5, while NCC Ltd. closed at ₹243.05.

Stock Current Price Last Close % Change
JBM Auto Ltd. ₹2226.9 ₹2310.25 -3.61%
GlaxoSmithKline Pharmaceuticals (NS: GLAX ) Ltd. ₹2159.3 ₹2238.35 -3.53%
Sun Pharma (NS: SUN ) Advanced Research Company Ltd. ₹348.45 ₹360.75 -3.41%
Supreme Industries Ltd. (NS: SUPI ) ₹3830.95 ₹3958.2 -3.21%
The Phoenix Mills Ltd. (NS: PHOE ) ₹2806.2 ₹2896.15 -3.11%

On the flip side, the underperformers of the day were led by The Phoenix Mills Ltd., which saw a 3.11% decrease in its stock price to close at ₹2806.2. This was a drop from its last close at ₹2896.15.

Supreme Industries Ltd. followed with a 3.21% decrease in its stock price, closing at ₹3830.95. This was a decline from its previous close at ₹3958.2.

Sun Pharma Advanced Research Company Ltd. and GlaxoSmithKline Pharmaceuticals Ltd. also saw their stock prices decrease by 3.41% and 3.53%, respectively. Sun Pharma Advanced Research Company Ltd. closed at ₹348.45, while GlaxoSmithKline Pharmaceuticals Ltd. closed at ₹2159.3.

The biggest loser of the day was JBM Auto Ltd., with a 3.61% decrease in its stock price. The stock closed at ₹2226.9, a significant drop from its last close at ₹2310.25.

Domestic equity indices Sensex and Nifty 50 rebounded from early losses, settling higher. Gains in IT, auto, and metal stocks contributed to the positive momentum. In the broader market, the Midcap index rose over 1.1%, and the Smallcap index gained 0.7%. At close, the Sensex was up 535.15 points or 0.74% at 73,158.24, and the Nifty was up 162.50 points or 0.74% at 22,217.50. The market breadth showed 1591 advancing stocks, 1685 declining stocks, and 77 unchanged stocks. The Nifty 500 also settled 0.77% higher.

Read Next: Why Analysts See More Upside For These 2 PSU Stocks Even After Massive Rally

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