Gainers & Losers: XTGlobal, Tejas Networks among 5 top movers on Thursday

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Newsmakers of D-Street

India’s benchmark indices, the Nifty and the BSE Sensex, ended largely unchanged on Thursday as selling pressure in financial stocks — particularly heavyweight HDFC Bank — capped gains. In a volatile session, the broader Nifty edged up 14 points, or 0.06%, to close at 25,496.55, while the 30-share Sensex slipped 27 points, or 0.03%, to settle at 82,248.61.Here are 5 stocks that saw action today:

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XTGlobal Infotech

Shares of XTglobal Infotech surged 20% to hit an upper circuit of Rs 33.63 on the NSE on Thursday after the company announced that it has been selected for an AI Enablement for Engineering Services engagement by a prominent US-based State Transportation Agency. The total contract value for the initial six-month engagement is approximately $796,900.

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Tejas Networks

Shares of Tejas Networks rallied as much as 10% to their day’s high of Rs 349 on the BSE on Thursday after the company announced that it has signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios. With today’s rise, the stock has snapped a 4-day losing streak.

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Sanofi Consumer

Shares of Sanofi Consumer Healthcare rallied as much as 14.5% to a high of Rs 4,586 on the BSE on Thursday after the company reported a 50% year-on-year rise in net profit to Rs 66.5 crore for the fourth quarter.

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Angel One

The shares of Angel One appeared to have plunged 90% in a single session on Thursday, but in reality they simply adjusted to their 1:10 stock split on the record date. The shares of the company opened at Rs 251 apiece today, after closing at Rs 2,489.90 yesterday.

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Home First Finance

Shares of Home First Finance ended nearly 6% lower at Rs 1,176 on the NSE amid a likely block deal. A CNBC-TV18 report said 5.4% equity worth Rs 662 crore changes hands. The block deal was at Rs 1,179 per shares, a 5.5% discount to previous close.

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