Market Updates

Movers: Azad Engineering, HUDCO, KPI Green, RBZ Jewellers, Zomato

Arun Goswami
28 Dec, 2023
Mumbai

    Benchmark indexes on Dalal Street traded at new intra-day highs in a broad rally. 

    The Sensex index increased 137.95 points to 72,176.38, and the Nifty index rose 41.40 points to 21,696.15.

    On the Mumbai stock exchange, 266 stocks traded at their 52-week highs and 13 stocks traded at their 52-week lows.

    Among the widely held stocks, Asian Paints, Bajaj Auto, and Dr. Reddy's Labs were among the decliners.

    Reliance Industries, HDFC Bank, Coal India, Trent, Bajaj FinServ, Mahindra &Mahindra, SBI Life, Hero Motocorp, and NTPC traded higher.

    Zomato decreased 3% to ₹123.20 after the delivery company received ₹402 crore demand for unpaid GST from the regulatory authorities.

    Housing & Urban Development Corp. soared 17% to ₹134.15 after the company signed an investment agreement worth 14,500 crore with the Gujarat government.

    Azad Engineering increased to ₹714.20 after the company priced its initial public offering at ₹524 per share.

    KPI Green Energy advanced 4.9% to ₹1,341.45 after the company board is scheduled to meet on December 30 to consider a bonus share issue to shareholders.

    RBZ Jewellers Ltd. gained 5% to ₹110.23 after the company listed on Wednesday its initial public offering at ₹100 per share and raised ₹100 crore.

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