Market Updates
India Movers: Anant Raj, Gravita, RVNL, Jungle Camp, Toss the Coin, Quess Corp.
Arun Goswami
17 Dec, 2024
Mumbai
Slowing economic growth and a weak earnings outlook kept investors on the sidelines amid rising trade tensions.
The Sensex index decreased by 0.9% to 81,025.67, and the Nifty index declined by 0.8% to 24,453.60.
On the Mumbai stock exchange, 229 stocks traded at their 52-week highs, and 12 stocks traded at their 52-week lows.
Rail Vikas Nigam Ltd. rose 0.9% to ₹474.15, and the company won a 270 crore order to build several rail stations in Nagpur from Maharashtra Metro Rail Corporation.
Gravita India Ltd. jumped 4.3% to ₹2,326.25 after the company launched its secondary offering to raise as much as ₹1,000 crore with a floor price of ₹2,206.49 per share.
Anant Raj Ltd. rose 6.5% to ₹837.70, and the real estate developer approved the allotment of 13.7 lakh convertible warrants worth ₹100 crore to the promoter entity controlled by Ashok Sarin.
Quess Corp Ltd. soared 9.9% to ₹736.30 after the business services and staffing company received positive comments from a brokerage firm.
Jungle Camps India soared to ₹136.80 after the company priced its initial public offering at ₹72 per share.
The company offered 40.8 lakh shares and raised ₹29.5 crore in its initial public offering.
Toss the Coin Ltd. soared to ₹345.80 per share after the company priced its public offering at ₹182 per share.
The marketing consultancy services provider placed 5 lakh shares and raised ₹9.2 crore.
HDFC Bank declined 1.3% to ₹1,840.50 after the bank received a second warning from the SEBI for its failure to comply with listing requirements.
Annual Returns
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Earnings
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