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    Biggest gainers & losers of the day: Privi Speciality gains 20%, Swan Energy sheds 16%

    Synopsis

    Investors have started booking profits in recent gainers as markets have turned indecisive. However, IT, pharma and chemical sectors continued to attract investors.

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    Privi Speciality Chemicals surged 20 per cent to Rs 1,594.75.
    New Delhi: Domestic equity markets wiped off early gains and settled with cuts on Friday. Fag-end selling in metal and select financial players dragged the benchmark indices lower. Pessimistic global cues added to the woes of the investors.

    The 30-share pack Sensex declined 66.23 points or 0.13 per cent to close at 52,586.84. The index ended about 325 points down from the day’s high. Its broader peer NSE Nifty fell 15.40 points or 0.20 per cent to 15,763.05. BSE smallcap and midcap index outperformed, ending higher.

    Investors have started booking profits in recent gainers as markets have turned indecisive. However, IT, pharma and chemical sectors continued to attract investors.

    Here is a look at some of the biggest movers and shakers of Friday's session:

    TOP GAINERS OF THE DAY

    Privi Speciality Chemicals: The aroma chemicals company surged 20 per cent to Rs 1,594.75. It will set up a joint venture with Switzerland's fragrance firm Givaudan for setting up a greenfield production facility in Mahad.

    HIL: The CK Birla group company added 12 per cent to Rs 6,495.70 after it posted a strong set of numbers in the June 2021 quarter. The company reported a net profit of Rs 88.84 crore in Q1FY2022, a 120 per cent jump compared to Q4FY21.

    R System International: The IT solution company gained 12 per cent to Rs 205.35 as the company announced that its board may consider a buyback proposal of equity shares. The company board is set to meet on August 06.

    Mahindra Logistics: The logistics firm advanced 11 per cent to Rs 748.20. The company has been on a high after it reported a consolidated net profit of Rs 9.35 crore for the quarter ended June earlier this week.

    Sun Pharmaceutical: The pharma major turned profitable in the June 2021 quarter and posted a strong show on a sequential basis as well. The company posted a net profit of Rs 140.4 crore in the quarter ended June 30, 2021. The scrip ended at Rs 774, 10 per cent higher. Its subsidiary, Sun Pharma Advanced Research Company, gained 10 per cent to Rs 270.30.

    TOP LOSERS OF THE DAY

    Swan Energy: The textile firm tanked 16 per cent to Rs 146.95 after BSE sought clarification from Swan Energy on July 30, 2021, with reference to movement in its volumes. The company's trading volume has multiplied lately.

    Motilal Oswal Financial Services: The brokerage firm shed 11 per cent to Rs 943.25 after its poor performance in Q1FY2022. The company's net profit halved to Rs 221.22 crore in June 2021 quarter, which was Rs 454.77 crore in March 2021 quarter.

    Wheels India: The auto parts and equipment maker settled at Rs 844.45, hitting a lower circuit of 10 per cent as investors booked profits in the company after a sharp 50 per cent jump in one month. The company also reported its June 2021 numbers today.

    DFM Foods: The package food producer declined 8 per cent to Rs 367.20 after it posted lacklustre numbers in June 2021 quarter. The company reported a net loss of Rs 1.73 crore, which was a profit of Rs 8 crore in the same quarter previous year.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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