The BSE Sensex and NSE Nifty rose nearly 1 per cent on Thursday to post their first gaining session in four, as consumer demand-related firms rose on hopes for a surge in sales during the coming festive season.
The broader Nifty rose 0.88 per cent to end at 8,179.50, after losing a combined 1 per cent over the previous three sessions. Similarly, the benchmark BSE Sensex rose 0.86 per cent to end at 27,010.14, after falling 1.1 per cent over the previous three sessions.
Here are some stocks that buzzed in today’s trade:
Tata Motors: Tata Motors share price surged over 8 per cent on Thursday after the auto maker informed BSE that its UK based luxury car unit, Jaguar Land Rover’s retail sales rose 3 per cent to 47,634 vehicles in September 2015 over September 2014.
Adani Enterprises, Adani Power and Adani Ports: Shares of Adani group companies were the top gainers among BSE large caps after Australia cleared way for the group’s $7 billion coal and rail project. Share price of Adani Enterprises jumped 14.02 per cent to Rs 96.75. Buying was also seen in other group stocks such as Adani Power that rose by 4.28 per cent to Rs 29.25 while Adani Ports and Special Economic Zone gained 1.42 per cent to Rs 328.80 on BSE.
Cyient Ltd: The share price of Cyient Ltd jumped around 7 per cent after the company announced its Q2 earnings on Thursday. For the quarter ended September 2015, Cyient Ltd reported total income of Rs 771.64 crore, up 14.76 per cent, against Rs 672.39 crore in the corresponding quarter a year ago. Sensex was up 244 points at 27,024.
Lakshmi Vilas Bank: Share price of Lakshmi Vilas Bank jumped as much as 10 per cent intraday after the bank reported 42.32 per cent rise in net profit at Rs 44.83 crore for the quarter ended September 30, 2015 as compared to Rs 31.50 crore for the same quarter in the previous year. Total income increased by 13.69 per cent at Rs 697.88 crore for quarter under review as compared to Rs 613.87 crore for the quarter ended September 30, 2014. However, the scrip closed 2.76 per cent up at Rs 91.30.
IVRCL Ltd: Share price of IVRCL jumped over 7.71 per cent to Rs 10.20 apiece on BSE after the company said one of its special purpose vehicles has begun collection of toll from Chengapalli tollways in Tamil Nadu.