Markets were buoyant for a second day running. The momentum in stocks has continued after the republic day. Here are stocks that gained up to 18% in trade.
Shares in Poddar Pigments jumped a huge 18 per cent in trade today. The stock also hit a 52-week high in the process. Poddar Pigments is one of the leading manufacturers of pigments in the country. The shares of Poddar Pigments were last trading at Rs 267 on the NSE. Poddar Pigments is the first Company in India to manufacture Masterbatches for dope dyeing of Polypropylene, Nylon & Polyester Multifilament Yarn/ Fibers. Poddar Pigments is an ISO 9001:2008 QMS certified company manufacturing Color & Additive Masterbatches for dope dyeing of man- made fibres.
Shares in Adani Enterprises jumped as much as 13 per cent in trade, on the back of heavy volumes. The stock was last trading at Rs 91 on the NSE. Adani Enterprises is a part of the Adani group. Over the last 25 years, the Group has established itself as a leading infrastructure conglomerate from India and put together an integrated value chain. The group has interest ranging from power to ports to other infrastructure projects.
Shares in Lokesh Machines jumped 17 per cent, after the company reported a tie-up with an Italian company. The stock was up at Rs 82 on the NSE. Lokesh Machines is engaged in the manufacture of special machines, general machines and auto components. The stock was seeing heavy volumes in trade at the current prices.
Aditya Birla Money Limited
Shares in Aditya Birla Money also jumped 12 per cent after the company reported a good set of numbers and quarterly profits at the company rose. The shares were last seen trading at Rs 31.95 on the NSE. The company is a part of the Aditya Birla group. The company is largely engaged in the stock broking business.
Shivam Autotech is one of the largest manufacturers of transmission gears and shafts in India. the stock of Shivam Autotech jumped 12 per cent in trade. The volumes in the counter were heavy and so was the demand for the stock. Being a leader within the industry , the company manufactures a comprehensive range of auto components and accessories that primarily include transmission gears, transmission shafts.
AYM Syntex Limited
AYM Syntex, a leading specialty yarn manufacturer saw its share price jump to Rs 99.10, which was a gain of 11 per cent over the previous days closing. It was difficult to ascertain the reasons for the sharp jump in the share price.
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