The BSE Sensex climbed 125.13 points or 0.23 per cent to close at 54,402.85. Its broader peer NSE Nifty dropped 20.05 points or 0.12 per cent to 16,258.25. BSE midcap and smallcap indices gave up to a per cent each.
Investors focused on cable, media and teleservices companies. On the other hand, they kept their distance from companies that posted poor sets of numbers in the June 2021 quarter.
Here is a look at some of the biggest movers and shakers of Monday’s session:
TOP GAINERS OF THE DAY
GTPL Hathway: The telecom services firm has acquired a complete stake in GTPL Zigma to make it a subsidiary of its own. This strategic business investment is for ease of business operations. The scrip added 12 per cent to Rs 226.60.
Patel Engineering: The construction and engineering firm soared 12 per cent to Rs 18.48 as the company reported a good set of numbers in the June 2021 quarter. The net loss of the company stood at Rs 0.45 crore in Q1FY22, which was Rs 41.89 crore in the year-ago quarter.
JK Paper: The paper products gained 9 per cent to Rs 280.70 following the lifting up of restrictions in various states of the country where offices and schools are reopening.
Network18 Media and Investment: The broadcasting and cable network surged 8 per cent to Rs 51.60 amidst media reports that Reliance Group may make a big bang entry in sports broadcasting. TV18 Broadcasting gained 7 per cent to Rs 39.20.
BASF India: The speciality chemical maker reported a net profit of Rs 197.28 crore for the quarter ending June against a loss of Rs 31.18 crore during the corresponding period of 2020-21. The counter soared 7 per cent to Rs 3,641 on Monday.
TOP LOSERS OF THE DAY
Quick Heal Technologies: The cybersecurity solutions provider tanked 18 per cent to Rs 245.95 after it reported consolidated net profit at Rs 6.2 crore for the June 2021 quarter against Rs 25 crore in the year-ago period.
Subex: The IT software company plunged 12 per cent to Rs 53.65 after the net profit of the company tanked 70 per cent to Rs 2.69 crore in the June quarter, as against a profit of Rs 9 crore in the year-ago quarter.
IG Petrochemicals: The commodity chemicals company retreated 12 per cent to Rs 623.25 after the company’s net profit halved to Rs 69.78 crore in June 2021 quarter as against a net profit of Rs 134.56 crore in March 2021 quarter.
Company: The aluminum producer shed 12 per cent to Rs 82.70 after it reported a sharp fall in net profit on a sequential basis. The company reported a net profit of Rs 461.61 crore in June 2021 quarter as against a net profit of Rs 838.22 crore in March 2021 quarter.
