The domestic equity benchmarks ended with stellar gains after a session that trended mostly upwards on Monday. Shares across sectors advanced with autos, banks and financials rising the most.
Keep a close eye on these trending stocks on Tuesday, 09, May 2023:
Jai Balaji Industries: The firm is engaged in the manufacturing of iron and steel products. The shares of the company were locked in the upper circuit at Rs 71.85 as it saw heavy buying in this stock with a spurt in volume by more than 7 times on BSE. Also, it reached a new 52-week high of Rs 71.85 per share in today’s trading session.
Ddev Plastiks Industries: The company has considered the proposal to increase the authorized capital of the company and declaration of bonus shares and dividend and considering the date, time and venue to be declared in the following Annual General Meeting. The shares of Ddev jumped by 13% and made a 52-week high of Rs 118.20 per share.
Artemis Medicare Services: The company announced its Q4 FY23 and year-ended March 2023 results on May 5, 2023. Total Net Revenue from operations increased by 31% to Rs 1,953 mn from Rs 1,494 mn. The EBITDA increased by 53% to Rs 280 mn from Rs 183 mn with margin of 14.4%. The shares of Artemis Medicare Services rose by nearly 9% and reached a 52-week high of 84 per share.
RateGain Travel Technologies: The firm announced that VOEPASS Linhas Aéreas(VOEPASS), Brazil’s leading regional airline, has chosen to partner with RateGain Travel Technologies Limited (RateGain), is a global provider of SaaS solutions for travel and hospitality. As a result, the stock made a 52-week high today of Rs 397.95 per share after gaining nearly 10%.
Agi Greenpac: The share of Agi Greenpac soared by 18% to Rs 592.10 per share as it delivered robust quarterly results. The company also declared a dividend to Rs 5 per share today. The stock also witnessed a surge in trading volume by 9.53% and ended the day at Rs 535.55 per share.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations.