7 stocks that remained in focus today as markets end flat

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Updated: April 8, 2016 5:09:48 PM

Jindal Steel and Power (JSPL) shares closed 10.62 per cent up at 66.65 on TV reports that the Supreme Court has ruled in favour of JSPL in Sarda mines case.

Stocks that hogged limelight todayJindal Steel and Power (JSPL) shares closed 10.62 per cent up at 66.65 on TV reports that the Supreme Court has ruled in favour of JSPL in Sarda mines case. (Photo: AP)

The BSE Sensex and NSE Nifty ended on a flat note on Friday as sentiments remained weak in the absence of any positive trigger amid sustained capital outflows by foreign funds. Muted expecthation of fourth quarter earnings weighed on the domestic sentiment. Sensex closed 11.58 points down at 24,673.84, while Nifty 50 index settled 8.75 points up at 7,555.20.

Below are the 7 stocks that hogged limelight today 

National Buildings Construction Corporation (NBCC): Stocks of the company closed 1.26 per cent up at Rs 951.75 as it on Thursday after market hours said it has secured orders worth Rs 17,516 crore in the last fiscal.

Ipca Labs: Stocks of the company ended 10.61 per cent down at Rs 499.30 as Switzerland-based Global Fund, which financially supports various disease eradication programmes, will not source malaria drug from Ipca Laboratories as the company has received a warning letter from the US health regulator for lapses in manufacturing norms at three of its facilities.

Simplex Projects: Shares of the company hit 20 per cent upper circuit after it said it has sold 51.21 per cent stake in its arm Simpark Infrastructure, proceeds of which will be utilised for business purposes. The share price of the company closed 19.96 per cent up at Rs 28.85.

Jindal Steel and Power (JSPL): Shares of the company rallied over 10 per cent on Friday on TV reports that the Supreme Court has ruled in favour of JSPL in Sarda mines case. The scrip closed at Rs 66.65.

PNC Infratech: Stocks of the company ended 0.99 per cent up at Rs 536.25 as it has won a Rs 120 crore project in Uttar Pradesh, which is funded by ADB.

 

Tata Chemicals: Stocks of the company ended 1.40 per cent up at Rs 366.50 after International rating agency Fitch assigned ‘BB+’ rating with a stable outlook to Tata Chemicals Ltd (TCL).

Tata Power: Stocks of the company ended 2.57 per cent up at Rs 65.75 after Tata Power International (TPIPL), a Singapore company and wholly owned subsidiary of Tata Power signed an agreement with KS Orka Renewables for the sale of its 50 per cent stake in OTP Geothermal (OTP). The aggregate cash consideration for TPIPL’s 50 per cent stake is $30 million.

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