India Movers: Aurion Solutions, HG Infra, Kalyani Investment, MIC Electronics, PG Electroplast, Vedanta

Arun Goswami
24 Dec, 2024
Mumbai

Stock market indexes edged higher ahead of a holiday break on Wednesday, and the rupee hovered near its record lows. 

The Sensex index increased by 0.3% to 78,795.18, and the Nifty index rose by 0.4% to 23,839.35. 

On the Mumbai stock exchange, 138 stocks traded at their 52-week highs, and 42 stocks traded at their 52-week lows.

HG Infra Engineering Ltd rose 2.8% to ₹1,500.95, and the company announced its subsidiary signed an agreement to provide battery storage to a unit owned by NTPC. 

Vedanta Ltd. declined 3.1% to ₹458.55 after the stock traded ex-dividend of 8.50 per share to be payable on January 15.

The company announced the payment of a fourth interim dividend totaling ₹3,324 crore to shareholders on record today. 

MIC Electronics jumped 5%, hitting the daily trading upper limit, to ₹86.68 after the company received an approval to manufacture public address and electronic display systems from the Indian Railways authority. 

Kalyani Investment Company Ltd. decreased 1.3% to ₹5,924.70 after the company settled and agreed to pay ₹1.12 crore for the alleged disclosure violations to the SEBI. 

PG Electroplast Ltd. advanced 2.4% to ₹974.45 after the company signed an agreement with Whirlpool India to manufacture select models of semi-automatic washing machines. 

Whirlpool of India gained 1.8% to ₹1,873.65. 

Aurionpro Solutions Ltd advanced 3.5% to ₹1,793.90 after the information technology services provider for banks and financial institutions agreed to acquire the French consulting company in an all-cash deal for €10 million, or about ₹95 crore.

The company agreed to acquire the entire stake in the Paris-based Fenixys with an employee base of 41 and annual revenue of less than €5 million.