The domestic equity market ended higher for the fifth consecutive day amid positive global cues. Sectors like capital goods, telecom, oil & gas, and power rose the most while the healthcare index ended marginally lower. There were many counters, in the limelight for the day, many of whom ended up with smart gains. Here are a handful of them:
iStock
2/7
IndusInd Bank
Shares of private lender IndusInd Bank ended 7.88 per cent higher at Rs 948.15. IndusInd Bank on Wednesday reported a 60.5 per cent jump in net profit at Rs 1,631.02 crore for the quarter ended June, mainly due to a fall in bad loans.
3/7
Tata Communications
The stock of Tata Communications ended 10 per cent higher at Rs 1,077.6 today. The company had yesterday announced its June quarter results, which turned out to be better than expected on the operating front with margins remaining resilient, while PAT beat was led by one-off tax refunds and related interests.
iStock
4/7
ITC
ITC shares hit a three-year high and crossed the Rs 300 mark. The stock rallied up to 1.3 per cent to the day's high at Rs 302.20. The FMCG major had yesterday convened its AGM in which company's chairman and MD Sanjiv Puri said the demerger of its hotel business is on the table.
iStock
5/7
Sonata Software
Sonata Software shares ended 5.5 per cent higher at Rs 719. The company said it may consider a proposal for the issue of bonus shares.
ET Bureau & Agencies
6/7
Gland Pharma
Gland Pharma stock ended lower by 5.84 per cent on BSE at Rs 2,328.85. The company's profit fell by 36.7 per cent year-on-year (YoY) to Rs 221.9 crore in the quarter ended June 2022 against Rs 350.65 crore in the same period last year.
ET Bureau & Agencies
7/7
PVR
PVR shares rallied up to 4.88 per cent at Rs 1,977 during the day. The multiplex chain operator reported a consolidated net profit of Rs 53.38 crore for the June quarter against a net loss of Rs 219.44 crore in the corresponding quarter of last year.
