It’s a quiet session for the markets. The benchmark indices are trading in a narrow range. The Sensex is now flat at 81,450. The Nifty too is hovering around 25,000. The small and midcaps are muted, too. However, there are some big movers and shakers in the afternoon trade. Here is a look at 5 buzzing stocks at this hour –
Adani Enterprises
The share price of Adani Enterprises surged as much as 3.3% to Rs 2,417 on the National Stock Exchange. Technically, the stock’s five-day moving average has surpassed both the 13-day and 26-day moving averages, indicating that there’s strong buying in the counter. Also, the RSI was at 50 with a rising uptrend. However, the volume is not that much in the stock today. The stock is the top gainer on the Nifty 50.
Jupiter Wagons
Jupiter Wagons’ share price rallied 8% to an intra-day high of Rs 345 on the National Stock Exchange. The stock price saw an uptick a day after the company’s material subsidiary, Jupiter Tatravagonka Railwheel Factory, received a Letter of Acceptance (LOA) from the Ministry of Railways, Railway Board. The company will supply a total of 9,000 LHB Axles for FIAT-IR Bogies, with an aggregate order value of approximately Rs 113 crore.
Shriram Finance
The share price of Shriram Finance rose 3% to an intra-day high of Rs 2,417 on the National Stock Exchange. The stock was among the top gainers in the Nifty 50. The stock has given a return of 5% in the last five trading sessions. However, it has dropped 3% in the previous one month.
Oracle Financial Services
The share price of Oracke Financial Services was also buzzing for the second straight day. The stock is down 1.5% after a stunniong 10% rally yesterday. Even in today’s session, it opened 3% up and then soon gave up gains. The stock had run up on the back of encouraging commentary on growth from its US Parent firm, Oracle.
ACME Solar Holding
The share price of ACME Solar Holdings is buzzing on the back of a new order win. The company’s subsidiary, ACME Venus Urja, has bagged long-term project funding worth Rs 3,892 crore from State Bank of India (SBI). This is for developing the upcoming renewable energy project in Rajasthan.