Markets were trading in a range for most of the day with IT stocks continuing to be active following the buyback announced by TCS. Here are stocks that gained up to 20 per cent in trade today.
Shares in Salona Cotspin jumped 20 per cent and was locked at the upper end of the circuit, with only buyers in the counter. The shares were frozen at Rs 63 on the NSE. Salona Cotspin Limited has a spinning unit located in Tirupur. Heavy volumes were seen in the counter. Check stock quote here
Salora International was another stock that was locked at the upper end of the circuit filter. The shares were last trading at Rs 65.85 on the NSE. Salora is a leading layer in the electronics industry in diverse realms like Consumer Electronics, Telecom, Information Technology and Lifestyle.
Shares in Jindal Worldwide Limited jumped 17 per cent and was last trading at Rs 216. Jindal Worldwide is the leader in Indian Textile Industries and is operating an Indian contingent as well as having its international collaboration and clients in north and South America to Europe, Africa and Middle-East Asia. The stock of Jindal Worldwide was last trading at Rs 216 on the NSE.
Khaitan Electricals was another stock that gained ground in trade. The reasons for the sharp rally of 17 per cent in the shares could not be ascertained. The shares were last trading at Rs 40.80 on the NSE. Khaitan Electricals is a leading manufacturer of domestic and office cooling and ventilation fans in India.
Man Industries saw its share price rally by a staggering 13 per cent in trade. The shares of MAN were last trading at Rs 51 on the NSE. The company is a leading manufacturer and exporter of aluminium extrusions, extruded products, SAW Pipes, billets, alloys and windows; spiral pipes, standard profiles and sections.
Shares in the Biyani controlled, Future retail rallied as much as 12 per cent in trade. The company's shares were last trading at Rs 257.60 on the NSE. Future Retail of India is leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market.
Shares in Pearl Polymers was up 12 per cent at Rs 34. The shares saw heavy volumes.