India Movers: Bandhan Bank, Easy Trip Planner, Navin Fluorine, Orient Press, IRCTC, Railtel

Arun Goswami
12 Feb, 2024
Mumbai

Stocks in Mumbai looked down in Monday's trading, and investors looked forward to a fresh batch of earnings and economic updates.

The Sensex index decreased 122.22 points to 71,473.27, and the Nifty index fell 14.05 points to 21,768.45.

On the Mumbai stock exchange, 229 stocks traded at their 52-week highs and 21 stocks traded at their 52-week lows.

Railtel Corporation of India advanced 0.2% to ₹394.10 after the company received a ₹18.2 crore order from the defense ministry.

Navin Fluorine International gained 0.7% to ₹3,049.35 after the Life Insurance Company, through its various funds, increased its stake in the company to 7.07% from 5.03%.

Easy Trip Planners increased 3.5% to ₹52.95 after the company's board lent its support for building a luxury hotel at a site near Ram Mandir in Ayodhya, Uttar Pradesh, through a ₹100 crore investment in Jeewani Hospitality Private Limited.

Indian Railway Catering and Tourism Corporation advanced 0.2% to ₹941.40 ahead of the company's quarterly results this week, and the company prepared to launch its online payment app.

Orient Press soared 14% to ₹124.95 after the company announced its plan to venture into the candle manufacturing business.

ONGC declined 2.3% to ₹261.40 after the energy explorer reported a decline in earnings in its latest quarter.

Net profit in the December quarter dropped 10% to ₹10,356 crore from ₹11,489 crore a year ago.

Apex Frozen Foods dropped 13.6% to ₹224.95 after the company reported a decline in profit in its latest quarterly results.

Bandhan Bank declined 5% to ₹205.0 after the financial services provider said net profit in the December quarter more than doubled from a year ago to ₹733 crore.