Top Losers of the Day – Hindalco, Trent, Shriram Finance and Adani Enterprises Included on November 7, 2024

On November 7, 2024, Indian stock market indices, the BSE Sensex dropped by 1.04% to close at 79,541.79. The Nifty50 on the other hand, fell by 1.16% closing at 24,199.35.

Out of the 50 stocks in the Nifty50 index, here are the 5 top losers for the day: 

• Hindalco Industries

Hindalco share price closed at ₹648.60, with a drop of 8.42%. The share price touched its day’s low at ₹646.30. The company’s subsidiary, Novelis, reported a 5% increase in net sales for Q2 FY2025, reaching $4.3 billion.

• Trent

Trent share price closed at ₹6,530.00, with a drop of 6.12%. The share price touched its day’s low at ₹6,306.85. The company reported its Q2 FY 2025 financial results in which the consolidated revenue was ₹4,394 crore, up by 39% YoY. 

• Grasim Industries

Grasim Industries share price fell by 3.07%, closing at ₹2,564.75. The stock touched its day’s low at ₹2,551.75. 

• Shriram Finance

Shriram Finance share price saw a 2.96% decrease, closing at ₹3,071.00, after reaching a day’s low of ₹3,058.00.

• Adani Enterprises

Adani Enterprises share price dropped 2.74%, closing at ₹2,962.65, down from its previous close of ₹3,046.25. The stock touched its day’s low at ₹2,943.05.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.