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    Biggest gainers & losers of the day: Restaurants stocks see good demand; Apex Frozen hits lower circuit

    Synopsis

    Four debutantes received a mixed response on Dalal Street. Devyani International and Exxaro Tiles gave decent gains on day one, whereas Windlas Biotech was among the top losers.

    Bulls-vs-bear-1---iStockiStock
    Apex Frozen Foods tanked 20 per cent to Rs 263.20 after the company reported poor performance in June 2021 quarter. The company's net profit fell over 60 per cent on a year-on-year and sequential basis.
    New Delhi: Domestic equity markets kicked off the new week on a positive note as the benchmark indices scaled new record highs. However, they lost momentum in the afternoon, thanks to weaker global cues. However, buying in IT and metal stocks eased up the pressure.

    The 30-pack BSE Sensex gained 145.29 points or 0.26 per cent to close at 55,582.58. Its NSE counterpart Nifty50 added 33.95 points or 0.21 per cent to 16,563.05 on Monday. Broader markets showed signs of weakness with BSE midcap and smallcap indices declining up to half a per cent.

    Four debutantes received a mixed response on Dalal Street. Devyani International and Exxaro Tiles gave decent gains on day one, whereas Windlas Biotech was among the top losers.

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

    TOP GAINERS OF THE DAY

    Devyani International: The QSR chain operator made its debut at a premium of 57 per cent. However, it slipped 13 per cent during the day and settled at Rs 123.35. The company posted a net gain of 36 per cent on the first day.

    Mro-Tek Realty: The communications technology company surged 20 per cent to Rs 47.55 as it returned to black in the June 2021 quarter. The company had posted a consolidated profit of Rs 81.3 crore for the June quarter, mainly on account of a real estate transaction.

    Barbeque Nation: The strong listing of Devyani International had a strong impact on the speciality restaurant peer. It had reported good earnings in the June 2021 quarter. The counter advanced 14 per cent to Rs 1,217.90.

    Gravita India: The non-ferrous metal counter added 13 per cent to Rs 209.45 after the company announced to increase its existing capacity by 10,200 MTPA and the total capacity of this unit for lead recycling is 38,200 MTPA.

    Exxaro Tiles: The construction materials company made its debut on D-Street today. The stock settled 10 per cent higher at Rs 132.25. It was listed at a premium of 5 per cent.

    TOP LOSERS OF THE DAY

    Apex Frozen Foods: The seafood manufacturer tanked 20 per cent to Rs 263.20 after the company reported poor performance in June 2021 quarter. The company's net profit fell over 60 per cent on a year-on-year and sequential basis.

    Windlas Biotech: One of the latest debutants of Dalal Street declined 12 per cent to Rs 406.70. The company was listed on discount of 5 per cent and investors further took money off the table after a tepid listing.

    Shriram City Union Finance: The NBFC shed 11 per cent to Rs 1,932.85 as the BSE sought clarification from the company over the rise in traded volume. The company also announced that it will hold its EGM on September 8.

    Sadbhav Engineering: The construction and engineering company declined 8 per cent to Rs 62 as the company reported a net loss of Rs 16.86 crore in the June 2021 quarter.

    IOL Chemicals and Pharmaceuticals: The Pharmaceuticals player reported a decline in the net profit in the June 2021 quarter. Also, the board of the company approved setting up of new manufacturing facilities for manufacturing multiple pharma (APIs) products with a capex of Rs 28.69 crore. The scrip settled 8 per cent lower at Rs 608.



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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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