The market started on an excellent be aware, gaining round 1.5 % on the again of optimistic home information and auto gross sales quantity on the primary day of March
The market began on an excellent be aware, gaining round 1.5 % on the again of optimistic home information and auto gross sales quantity on the primary day of the month on Monday.
In the method, it recovered a few of the losses that it had incurred within the earlier session.
At the shut, Sensex was up by 749.85 factors (1.53 %) at 49,849.84. Nifty, too, ended within the inexperienced, ending at 14,761.50, which was up 232.30 factors (1.6 %).
Here are 10 stocks that moved the most on 1 March:
Maruti Suzuki: The inventory closed at Rs 7,018.90, including 2 % after the carmaker reported higher February gross sales. During the month, 1,64,469 automobiles had been bought, a Year-on-Year (YoY) development of 11.eight %. The firm additionally bought 1,05,986 items of passenger automotive, a YoY rise of 6.1 % in comparison with 99,871 items in February 2020.
TVS Motor: The inventory rose three % on the again of the corporate reporting 18 % rise in gross sales in February 2021 YoY — in comparison with at 2,97,747 items this February, the corporate had bought 2,53,261 items in February 2020. Even 2-wheeler gross sales grew by 21 % YoY.
RITES: It closed at Rs 258.85, gaining over 5 % after the corporate bought orders price Rs 93.18 crore.
Siemens: The inventory rose three %. The firm closed the acquisition of C&S Electric after receiving approval of the Competition Commission of India on August 20, 2020.
Bharat Dynamics: The inventory jumped over 5 % as the corporate obtained an order price Rs 372.98 crore for the availability of MRSAM Missile Rear Sections for Indian Air Force deliverables.
Tata Motors: The inventory was up over 1 % after the auto main’s registered sale of 61,365 items in comparison with the YoY determine of 40,619 items — an increase of 51.1 per. Commercial automobile gross sales rose 21 % and home gross sales jumped 54 %. At 27,225 items, passenger automobile gross sales for February had been the best in practically 9 years.
Sterlite Tech: On March 1, the shares gained over three per ent after the corporate obtained orders price $100 million within the West Asia to arrange a community and infrastructure for 5G wi-fi service.
KEC International: The stocks had been up 5 %, as the corporate obtained orders price Rs 1,140 crore throughout companies.
Biocon: The inventory was up by 2 %.
Manappuram Finance: The inventory closed at Rs 174.55 and ended within the pink. The firm is contemplating a number of choices to lift funds.
Subscribe to Moneycontrol Pro at ₹499 for the primary 12 months. Use code PRO499. Limited interval provide. *T&C apply