Indian equity markets were seen trading higher on Tuesday tracking positive global cues.
Indian equity markets were seen trading higher on Tuesday tracking positive global cues. The BSE Sensex was up 520.91 points at 28,050.88 points and the 50-share NSE Nifty gained 157.50 points at 8677.90 points.
Here are some of the stocks that gained 20 per cent in trade:
Shares in Hindustan Organic Chemicals was up 20 per cent and was stuck at the upper end of the circuit filter. There were only buyers in the stock at Rs 23.40. The stock was also trading at a new 52-week high of Rs 23.40 on the NSE. Hindustan Organic Chemicals Limited (HOCL) was set up by the Government of India in 1960 with the objective of attaining self-reliance in basic organic chemicals needs. Zuari Agro Chemicals also hit a new 52-week high of Rs 232.95 on the NSE today. The stock was locked at the upper end of the circuit filter with only buyers in the counter at Rs 232.95 on the NSE. Zuari is a single-window agricultural solution provider. Zuari enables agricultural self-sufficiency and economic independence by providing fertilisers that are both affordable and effective. Shares in Tourism Finance Corporation rallied 20 per cent at Rs 41.15 and also hit a fresh 52-week high on the bourses. Salona Cotspin has a state-of-the art spinning unit located on the National Highway. The company aims at manufacturing yarn of international quality with the highest level of competitiveness on all parameters as well as facilitates best innovative methods and implements them in time and in all stages of processing. Indian Hume Pipe Company was another stock that was seeing solid buying in trade today. The stock was up 19.27 per cent at Rs 798 and also hit a fresh 52-week high on the bourses. The Indian Hume Pipe manufactures and markets hume pipes and allied products. The company has a wide network of over twenty factories and over 100 projects under execution in India. Zuari Global was also among the top gainers in trade. The stock was up 17.91 per cent at Rs 112. The Board of the company will be meeting on October 21, 2016, to consider and approve the unaudited financial results (provisional) for the quarter ended September 30, 2016. Zuari Global Limited, erstwhile Zuari Industries Limited, has been the principal promoter entity for the Zuari Group of Companies, with forays into fertilizer, seeds, engineering, lifestyle industries and services. Besides growing the fertilizer business of the group to its present preeminent status as one of India's leading fertilizer conglomerates. Shares in Nath Bio-Genes was up 15.65 percent in trade. Interestingly, the stock was also trading at a new 52-week high of Rs 148.20 on the NSE. Nath Bio-Genes is amongst the pioneering seed companies in India. Founded in 1979, it is amongst the most experienced seed companies in India: almost as old as the industry itself. Nath Bio-Genes is the first seed company in Asia Pacific region to get ISO 9001 certificate. Shares in Prozone Intu Properties jumped to a new 52-week high of Rs 38.10 in trade. Recently, there were reports of Radhakishan S Damani owning equity shares of the company during the September quarter. Check stock quote of Prozone Intu Properties Prozone INTU is a specialist retail and residential-led mixed-use real estate development company, harnessing Intu Properties plc experience as UK's largest retail real estate developer combined with Provogue (India) Ltd's in-depth knowledge of the Indian market.
Hindustan Organic Chemicals
Zuari Agro Chemicals
Salona Cotspin
Indian Hume Pipe Company
Zuari Global
Nath Bio-Genes
Prozone Intu Properties
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