The key domestic benchmark indices continued to gain momentum and ended the day at one month closing high. The Sensex ended the trade at 25881.17 up by 575.70 points while the NSE Nifty closed at 7934.90 up by 186.05 points.
Asian peers ended the day on a positive note. Meanwhile, European counters were trading in green.
Here are a list of stocks that gained between 10-20 percent in trade today.
Asian Hotels (East) Limited
Shares in Asian Hotels jumped 20 per cent. The stock ended the day at Rs 174.65. The shares have a face value of Rs 10.
Board of Directors of the Company at its meeting has recommended a dividend of Rs (20%) per fully paid up equity shares of Rs.10/- each.
Gyscoal Alloys was another stock that rallied 20 per cent.
The stock rose along with heavy volumes in the counter and closed at Rs 46.55.
The company is one of the leading manufacturer, exporter and supplier of Stainless Steel long Products.
The Board of Directors of the Company has recommended dividend of Rs 1.20/- per share (i.e. 12%) for the financial year subject to the approval of shareholders
Shares saw a jump of 19.23 per cent in the stock.
The shares of Shreyans Industries ended trade at Rs 46.50
The stock rallied 17.92 and ended the trade at Rs 309.
Indoco Remedies Limited has informed that Indoco Remedies receives USFDA nod for its manufacturing facility (Goa Plant II).
Shares in Hinduja Foundries jumped 14.46 per cent. The stock ended the day at Rs 42.35. The shares have a face value of Rs 10.
From castings for automobiles and tractors to industrial engines, construction equipment and power generation equipment, Hinduja Foundries meets the stringent requirement of diverse segment.