VIP share price: Biggest gainers & losers of the day: VIP, Vakrangee on a roll; Lupin declines

NEW DELHI: Domestic equity markets were back in the green as IT and financial counters lifted the benchmark indices to new peaks. A drop in US consumer inflation aided the trading sentiments further. However, Fed’s hawkish comments capped the gains.

The 30-share pack Sensex climbed 318.05 points or 0.58 per cent to close at 54,843.98. Its broader peer NSE Nifty rose 82.15 points or 0.50 per cent to 16,364.40. BSE midcap index gained over a per cent, whereas smallcap index jumped 2 per cent.

Stocks related to Jhunjhunwala took all the spotlight on Monday.

, which once was a key part of his portfolio led the gainers’ pack, whereas his biggest pharma bet Lupin declined the most. Surprisingly, Vakrangee too hit the upper circuit.

Here is a look at some of the biggest movers and shakers of Thursday’s session:

TOP GAINERS OF THE DAY

VIP Industries: The luggage maker hit an upper circuit of 20 per cent to Rs 463.30 as the company returned to black after five quarters. It reported a net profit of Rs 2.53 crore in June 2021 quarter.

Vakrangee: The IT solution provider has partnered with TSI Yatra to offer assisted online travel services. The counter was locked at buyer’s circuit of 20 per cent to 36.10.

Dish TV: The broadcasting and cable TV service provider gained 17 per cent to Rs 13.85 ahead of the June 2021 quarter scheduled on Thursday. However, the company did not announce its numbers in the market hours. The volumes surged 6 times during the session.

Maharashtra Scooters: The holding company soared 15 per cent to Rs 4,426.10 on the back of strong fundamentals. The trading volumes of the counter jumped 9 times during the session.

Indoco Remedies: The pharmaceutical firm rallied 13 per cent to Rs 498 after the company reported a strong set of numbers in the June 2021 quarter. The company reported a 132 per cent jump in the net profit to Rs 39.66 crore in the quarter ended on June 30, 2021.

TOP LOSERS OF THE DAY

GIC Housing Finance: The company tanked 8 per cent to Rs 156 after the company reported a 96 per cent fall in net profit to Rs 0.28 crore in the June 2021 quarter, compared to a net profit of Rs 79.70 crore in March 2021 quarter.

Lupin: The pharma major shed 7 per cent to Rs 979.60 as the brokerages slashed its target price after the company’s ‘illusional results’ in the June 2021 quarter.

GE Power India: The electrical equity counter fell 4 per cent to Rs 305.90 ahead of its investor/analysts call scheduled later in the day after the market hours. The company reported poor set of numbers in the June 2021 quarter.

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