• Gains as much as 8.9% to Rs 207.5
• Biggest single-day gain since September 2019
• Trades at the highest level in two months
• Has gained in five out of the last seven trading sessions
• Up 16% in the last seven trading sessions
• Today's volumes are five times higher than its 20-day average
• Sustaining above its 100-Day Moving Average for the fifth straight session
• Nearing overbought territory with Relative Strength Index (RSI) at 69
• Has doubled from its 52-week low of Rs 103 on March 25, 2020
• One out of the three analysts tracking the stock has a buy recommendation; 1 sell call
• The stock is trading near its 12-month consensus price target of Rs 209

• Benchmark indices give up gains to trade flat
• Nifty up 0.1% at 11,478
• Sensex up 0.2% at 38,866
• Nifty Bank up 1% at 23,058
• Nifty Midcap index up 0.55%
• Nifty Smallcap index up 0.5%
• India Volatility Index down 0.7% to 19.1
• Nifty PSU Bank remains the top sectoral gainer; up 1%
• Nifty Realty is the top sectoral laggard; down 1.3%
• Nifty Metal (down 0.8%) and Nifty FMCG (down 0.6%) are the other sectoral laggards
• IndusInd Bank remains the top Nifty gainer; up 2.3%
• Shree Cement is the top sectoral laggard; down 2.2%
• 781 stocks on the NSE trade with gains while 967 decline

The company informed the exchanges that it has made the payment of interest amounting of $14 million on its U.S. Dollar notes.

It was in a 30-day grace period for making the payment of interest that was originally due on July 22.

Bloomberg News had earlier reported that the company was in talks with a consortium of lenders led by State Bank of India to arrange cash for making the payment.

Failure to make the payment would have amounted to a default for the company.

Shares gained as much as 9.5% to Rs 125, snapping a two-day losing streak.

• Second best performing stock on the Nifty Smallcap index
• Gains as much as 10.4% to Rs 1,154
• Biggest single-day gain in five months
• Trades at all-time high
• Up for the third straight day
• Was consolidating around its 50-Day Moving Average of 991 before breaking out on Monday
• Has risen 16% in the last two sessions
• Today's volumes are more than 20 times higher than its 20-day average
• Stock trades in overbought territory with Relative Strength Index (RSI) at 72
• Has nearly doubled from its 52-week low of Rs 639 on March 24, 2020
• Seven out of the eight analysts tracking the stock have a buy recommendation; 1 sell call
• The stock trades 11.3% higher than its 12-month consensus price target of Rs 1,000, implying a negative return potential