India Movers: Interglobe Aviation, Exide Industries, HG Infra, JM Financial, Rail Vikas Nigam, Torrent Power

Arun Goswami
11 Mar, 2024
Mumbai

Stock market indexes declined in Monday's trading after extending weekly gains for the seventh week in a row in the previous week. 

The Sensex index decreased 0.2% to 73,952.93, and the Nifty index fell 0.2% to 22,458.20.

On the Mumbai stock exchange, 160 stocks traded at their 52-week highs and 57 stocks traded at their 52-week lows.

Torrent Power increased 4.1% to ₹1,192.15 after the company was awarded a 306 MW solar power project by Maharashtra State Electricity Distribution. 

Interglobe Aviation decreased 0.2% to ₹3,099.85 on a report that the company's promoter, Rakesh Gangwal, and other entities controlled by his family are expected to sell a 3.3% stake, or 13 crore shares, in the airline in a block deal today. 

Rail Vikas Nigam gained 5% to ₹249.90 after the company won orders from Himachal Pradesh and Madhya Pradesh for expanding 11 KV powerlines. 

JM Financial decreased 8.5% to ₹80.15 after the financial services provider was barred by the securities regulator from managing a new public offering of debt securities. 

Sonata Software added 0.2% to ₹789.70, and the company announced the integration of its artificial intelligence application with Microsoft Azure. 

HG Infra Engineering increased 2.3% to ₹929.50 after the company's 610 crore bid was selected as the lowest for the construction of a 4-lane highway in Jharkhand. 

Coal India advanced 0.5% to ₹460.90 after the company signed a preliminary contract to investigate the possibility of setting up a 4,1000 MW power plant in Rajasthan. 

Exide Industries decreased 0.5% to ₹326.50, and the company announced a plan to raise ₹40 crore through a rights offering in its advanced battery manufacturing subsidiary.