Gainers & Losers: Zomato, IRFC among 5 stocks in focus on Friday

Nov 3, 2023 Shivendra Kumar, ETMarkets.com

Newsmakers of d-st

Indian frontline indices ended with gains on Friday maintaining a two-session winning streak led by strong buying action across sectors. Realty, consumer, banks and auto stocks made merry. While the S&P BSE Sensex jumped 283 points or 0.44% to close at 64,363.78, the broader Nifty50 gained 97.35 points or 0.51% to settle at 19,230.60. Banking gauge Nifty Bank finished the day at 44,885, up by 433.90 points or 0.98%.Here are the stocks that saw action today: Image Source: ETMarkets.com

JK Lakshmi Cement

Shares of JK Lakshmi Cement ended at Rs 752.60 on the NSE on Friday, up by Rs 78.40 or 11.63% on strong Q2 earnings posted by the company. The cement maker reported a 55.15% YoY increase in consolidated profit after tax to Rs 95.87 crore in the second quarter ended September 2023. Image Source: ETMarkets.com

Dr Lal Path Labs

​Shares of Dr Lal Path Labs surged over 7% intraday to the day's high of Rs 2,638.85 on the NSE on Friday continuing its strong run on the exchanges following its September quarter earnings. The stock finally ended at Rs 2,593, up by Rs 129.85 or 5.27% over Thursday’s closing price. Image Source: ETMarkets.com

Zomato stock

Shares of food delivery app Zomato jumped nearly 8% and hit their 52-week high of Rs 115.90 on the NSE on Friday following a Rs 36 crore profit after tax (PAT) against the estimates of Rs 5 crore loss by ETNow poll. The stock also crossed a market cap of Rs 1 lakh crore and at the market closing time, it stood at Rs 101,446.42 crore. Image Source: ETMarkets.com

Godfrey Phillips

​Shares of Godfrey Phillips India plunged 9% or by Rs 208 on the NSE to 2,140.10 after the company reported a 9.3% drop in quarterly profit after tax, weighed by a sharp rise in expenses. The Marlboro cigarettes maker reported a total revenue from operations of Rs 1,375 crore, up 15.4% YoY. Image Source: ETMarkets.com

IRFC

Shares of Indian Railway Finance Corporation (IRFC) fell nearly 3% to Rs 71 in Friday's trade on BSE after the company reported a drop of 9.6% in net profit at Rs 1,550 crore, compared to Rs 1,714.3 crore in the corresponding period last year.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) Image Source: ETMarkets.com

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