India Movers: Bajaj Finance, Bandhan Bank, GE T&D, ITD Cementation, Suraj Estate, Taneja Aerospace, Yatharth Hospital

Arun Goswami
04 Jul, 2024
Mumbai

Stocks extended their recent record-breaking rally, and the Sensex and Nifty indexes advanced to new intraday highs amid supporting international market sentiment.

The Sensex index increased by 0.5% to 80,349.37, and the Nifty index rose by 0.4% to 24,384.65. 

On the Mumbai stock exchange, 205 stocks traded at their 52-week highs, and 8 stocks traded at their 52-week lows.

The yield on the 10-year Indian government bonds inched lower to 6.99%, and the Indian rupee weakened to ₹83.53 against the U.S. dollar.

Bajaj Finance decreased 0.3% to ₹7,239.95, and the non-bank financial services provider said deposits at the end of the June quarter increased 26% from a year ago to 62,750 crore. 

Assets under management jumped 31% to ₹3.54 lakh crore. 

GE T&D India gained 5% to ₹1,720.80, and the company said it won an order worth Є64 million from Grid Solutions SAS to supply high-voltage products. 

ITD Cementation India declined 7.5% to ₹529.95, and a report suggested that the company's promoter, Italian Thai Development Public Company, is looking to divest its entire holding in the company. 

Yatharth Hospital & Trauma Care Services increased 0.3% to ₹414.50, and the ICICI Prudential Mutual Fund acquired an additional 2.3% stake in the company at an average price of ₹405 per share. 

Bandhan Bank decreased 0.3% to ₹209.79, and the bank said total outstanding loans increased 21.8% to ₹1.03 lakh crore and deposits advanced 22.8% to ₹1.08 lakh crore. 

Suraj Estate Developers soared 6.9% to ₹615.25, and the company signed an agreement to sell 22,410 square feet of space for ₹89.8 crore to Clearing Corporation of India. 

Taneja Aerospace and Aviation gained 4% to ₹616.0, and the company secured an order from Bharat Electronics. 

Inox Wind soared 10.8% to ₹157.79 after the company received an infusion of ₹900 crore capital from a promoter. 

Cello World jumped 4% to ₹999.50, and the company launched an institutional offering to raise up to ₹730 crore.