Stock Corner
1.
Shares of
Adani Transmission moved up by 5% to Rs 250 per share, extending their 39%
rally in the past two weeks following the announcement of its addition in MSCI
index. The stock was trading close to its all-time high level.
2.
Shares of
IRB Infrastructure Developers have moved higher by 5.5% to Rs 154 on Tuesday,
extending its Monday’s 3.3% gain on the BSE, after the rating agency India
Ratings and Research (Ind- Ra) revised the company’s outlook to positive from
stable, while affirming its long-term issuer rating at ‘IND A+
3.
Shares of
YES Bank slipped as much as 2.1 per cent to Rs 184 in the intra-day trade on
the National Stock Exchange (NSE) after a news report suggested that the
Reserve Bank of India (RBI) on Monday began examining the private bank's
exposure to various Non-Banking Finance Companies (NBFCs).
4.
Shares of
Sun Pharmaceutical Industries hit an over five-month low of Rs 475 per share,
slipping 7%, and falling 9% from its early morning high on Tuesday on the back
of heavy volumes. The stock was trading at its lowest level since June 6, 2018,
declining 11% in past three days
5.
Shares of
Industrial Finance Corporation (IFCI) climbed as much as 6.49 per cent to Rs
14.60 in the intra-day deals on Tuesday after it received Rs 4.92 billion
towards security receipts under the IBC resolution plan for Binani Cement.
Missed call
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