Biggest gainers & losers of the day: Tega rocks on debut, NDTV hits upper circuit

The 30-share pack Sensex tanked points or 503.25 per cent to close at 58,283.42. Its broader peer Nifty50 bled 143.05 points or 0.82 per cent to 17,368.25. The broader markets ended mixed as the BSE Midcap index ended in red, whereas the BSE Smallcap index gained.

Vinod Nair, Head of Research at Geojit Financial Services said that ahead of the release of domestic inflation data and key global central bank meetings, the benchmark indices dived into the negative zone digesting weak macroeconomic numbers and continued FII selling.

Tega Industries had a stellar debut. NDTV continued to rally and hit its upper circuit, whereas CreditAccess Grameen also zoomed on similar lines. Reliance Communication and Vodafone Idea saw profit-booking, whereas investors kept off Ramky Infra.

Let’s have a look at the biggest movers and shakers of Monday’s session:


GAINERS

Tega Industries: The latest Dalal Street debutant listed at a premium of 66 per cent at Rs 753, but investors booked some profits. However, the scrip settled at Rs 725.50, 60 per cent above its issue price of Rs 453.


New Delhi Television: The media and broadcasting player NDTV surged 20 per cent to Rs 111.30, its new 52-week high. It has rallied about 45 per cent in December so far after the company signed a Rs 750 crore deal with Taboola for 10 years.

CreditAccess Grameen: The NBFC zoomed 20 per cent to hit Rs 728.25. The scrip has continued its upward momentum for the last few days as it has risen about 41 per cent in the last five sessions following its investor/analyst call.


Astec Lifesciences: The smallcap agrochemical player jumped 14 per cent to Rs 1,553.65, ahead of its peer Supriya Lifesciences’ IPO, which will open for subscription on Thursday, December 16.


Medicamen Biotech: The smallcap pharma player zoomed 13 per cent to Rs 805.50 after the company announced to acquire more stake in Shivalik Rasayan for a sum of Rs 12.21 crore.


Rattanindia Enterprises: The company hit its upper circuit of 10 per cent to Rs 55.60 after the company announced that Revolt Motors is eyeing a second retail outlet for electric bikes in Andhra Pradesh.


Minda Industries: The auto parts maker rallied 10 per cent to Rs 1,038.15 after the company said it has entered into a joint venture agreement with FRIWO AG Germany to manufacture and supply various electric vehicle components in the Indian subcontinent with a planned capex of Rs 390 crore in the next six years.


Antony Waste Handling Cell: A subsidiary of the solid waste management player, has received a letter of intent (LoI) from the city – Sadar Paharganj Zone of North Delhi Municipal Corporation (NMDC) worth Rs 1,000 crore. It settled at Rs 320.45, 9 per cent higher.


LOSERS

The smallcap construction and engineering player tanked over 10 per cent to hit Rs 195.90 as the BSE sought clarification from the company over the sudden rise in the price and volume of the company’s stock. The reply is still awaited.


Reliance Communications: The smaller telecom services player shed over 9 per cent to Rs 3.94 on the back of profit-booking as investors took some profits off the table following the stock hitting upper circuits of 20 per cent for two straight sessions.


DFM Foods: The packaged food player dropped 6 per cent to Rs 290.60 as the BSE sought clarification from the company over the sudden rise in the price and volume of the company’s stock.


Vodafone Idea: The telecom player gave up over 5 per cent to Rs 15.50 on the back of profit-taking. The scrip has rallied about 60 per cent in the last week and investors took some money off the table.