BAJAJ AUTO, ADANI PORTS AMONG TOP 5 STOCKS IN SPOTLIGHT ON TUESDAY
Shares of Praveg, known for its luxury resorts in tourist places, has rallied 43% in just 3 trading sessions. During the day, the stock hit a 20% upper circuit to hit all-time high of Rs 1219.10.
Shares of Bajaj Auto today rallied up to 6% to hit an all-time record high of Rs 7,420 on BSE after the company's board approved a Rs 4,000-crore share buyback through the tender route. The stock finally closed at Rs 7,107, down by Rs 123.15 or 1.76%.
Shares of Adani Ports and Special Economic Zone jumped over 5% to hit all-time high of Rs 1,229.90 on the NSE following Motilal Oswal's buy stance for a price target of Rs 1,410 which is a 21% upside. The stock closed at Rs 1,200.95, up 2.75%.
Recouping partial losses, shares of Zee Entertainment Enterprises ended with 8% declines at Rs 255.95 after the company said that reports of the ZEEL-Sony potentially collapsing were "baseless" and factually incorrect. The stock fell over 13% intraday.
Shares of Polycab settled nearly 9% lower at Rs 4,874.95 on Tuesday after a media report said that the Indian income tax department has claimed tax evasion of Rs 200 crore.