Linde India share price: Biggest gainers & losers of the day: ESAB India rallies 16%; Linde India tanks

New Delhi: Domestic equity markets ended flat on Thursday despite the August F&O series expiry. Amid weak global cues, the domestic market traded cautiously with a positive bias. Investors are keenly awaiting the Jackson Hole Symposium on Friday.

The 30-stock pack BSE Sensex settled merely 4.89 points or 0.01 per cent higher at 55,949.10. Its NSE counterpart Nifty50 added merely 2.25 points or 0.01 per cent to close at 16,636.90. BSE midcap and smallcap indices rose up to 0.3 per cent each.

ESAB India and Swan Energy gained on the positive news flow, whereas investors booked profits in the recent gainers. Cash strapped Vodafone Idea was back in the red.

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

TOP GAINERS OF THE DAY

ESAB India: The industrial goods company was much in demand on the back of strong technical factors as its volume jumped multiple times than the average. The stock soared 16 per cent to Rs 2,254.80.

Swan Energy: The diversified company rallied 12 per cent to Rs 146.85 as the government said it is looking to boost its liquefied natural gas (LNG) imports from next year. It will start a floating terminal, raising the country’s capacity to ship in the super chilled fuel by 12 per cent to 47.5 million tonnes per annum.

Services: The IT software counter hit an upper circuit of 10 per cent to Rs 303.40 amid high demand in technology stocks, which has underperformed recently. The volumes rose rapidly compared to the daily average.

Sterling and Wilson Solar: The renewable energy player’s wholly owned subsidiary has increased stake in SWME Solar, making it a wholly owned subsidiary of the company. The scrip settled 10 per cent higher at Rs 311.20.

CreditAccess Grameen: The microfinance player jumped 9 per cent to Rs 654 ahead of its analysts/investor meet. The company will host a call with ICICI Prudential Mutual Fund after the market hours.

TOP LOSERS OF THE DAY

Inox Winds: The renewable energy player tanked 9 per cent to Rs 103.25 as the technical structure of the company deteriorated. The volumes for the scrip jumped 5 times than the daily average volume.

Linde India: The industrial gas maker shed 8 per cent to Rs 2368.80 as traders booked profits in the company after a sharp rally for two sessions over a positive announcement in the counter.

Vodafone Idea: The beleaguered telecom player declined 7 per cent to Rs 5.90 as the spike in mobile number portability data in June 2021 reflected that Vodafone Idea’s customers have started migrating to its rivals Airtel and Jio.

Wockhardt: The pharma player fell 5 per cent to Rs 415.45 despite the company’s pact with China-based Jemincare for a respiratory antibiotic named ‘Nafithromycin’ that will be developed by Jemincare.

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