Gainers and Losers: Sun Pharma, Dharmaj Crop among stocks in focus on Thursday

The pack emerged as the star performer with Nifty PSU Bank gaining around 4% today. Of the 12 constituents, Central Bank of India, Punjab and Sind Bank, Bank of India, IOB, UCO Bank and Bank of Baroda gained between 5 and 15%.

Stock of the pharmaceutical major ended with a cut of around 4% at Rs 980.8 apiece on the NSE after the company informed stock exchanges that its Halol facility in Gujarat has been placed under 'Import Alert' by the USFDA.

Shares of Dharmaj Crop ended over 12% higher at Rs 266.3 apiece on the NSE. The stock made its D-Street debut on Thursday and listed at a premium of 12% as against the IPO issue price of Rs 237 apiece.

Shares of private sector lender Axis Bank ended around 3% higher at Rs 939.35 after brokerage firm ICICI Securities has accorded the stock a ‘buy’ rating with Rs 1,000 per share target price. Earlier in the day, the stock hit its new all-time high of Rs 943.95 per share.

Shares of Kalpataru Power ended over 3% higher at Rs 519 after the company said its board has approved an NCD issue of Rs 99 crore.

The stock of Sobha extended its losing run to the second day and ended 3% lower in today’s session. The company on Wednesday stated via an exchange filing that the ED has provisionally attached property of the company in Kerala valued at Rs 201.60 crore.

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