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Biggest gainers & losers of the day: Debutants shine on D-Street; ZEE zooms 40%



Biggest gainers & losers of the day: Debutants shine on D-Street; ZEE zooms 40%

New Delhi: Domestic equity markets were back in the green, though benchmark indices wiped out some early gains. Media stocks made the most buzz, whereas banks and realty stocks were also in the spotlight.

The 30-share pack Sensex added 69.33 points or 0.12 per cent to close at 58,247.09. Its broader peer NSE Nifty gained 24.70 points or 0.14 per cent to 17,380. Broader markets outperformed as BSE midcap and smallcap indices added a per cent each.

It was a dream day for Zee Entertainment after Invesco insisted on a management rejig. The latest debutants, Ami Organics and Vijaya Diagnostics, witnessed strong action during the day. Suryoday Small Finance Bank was also in the spotlight post reports on merger.

Here is a look at some of the biggest movers and shakers of Tuesday’s session:


Ami Organics: The latest debutant of Dalal Street witnessed a strong demand and received a listing pop of 49 per cent. The scrip settled at Rs 935.15 on Tuesday, 53 per cent above its issue price of Rs 610.

Zee Entertainment: The media behemoth soared 40 per cent to Rs 261 amidst buzz of board rejig and resignation. Invesco, the largest shareholder in Zee Entertainment, called for the removal of managing director Punit Goenka amid a deepening divide between the fund and the company’s founders.

Suryoday Small Finance Bank: The recently-listed lender hit upper circuit of 20 per cent to Rs 215.25 on reports of its merger with Clix Capital, a non banking finance company.

Vijaya Diagnostics Center: Another debutant for the day received a strong response from the traders despite a flat listing. The scrip settled its first session at Rs 616.75, a rise of 16 per cent over its issue price of Rs 531.

Cosmo Films: The containers and packaging player zoomed 15 per cent to Rs 1557 ahead of its board meeting, scheduled on September 16, to consider and approve proposal relating to declaration of interim dividend on equity shares.

YES Bank: The private lender advanced 14 per cent to Rs 12.62 on the back of strong technical setup. The traded volume jumped manifold compared to the two week average. Also, the lender is expected to be beneficiary from Zee Group rejig.

Vodafone Idea: The telecom operator rallied 10 per cent to Rs 8.76 on media reports that banks led by the State Bank of India asked the government to give debt-laden companies more time to clear its tax dues and spectrum fees.


Ajmera Realty: The real estate player hit a lower circuit of 5 per cent to Rs 381.35 as investors continued to book profits in the company following a more than 200 per cent rise in the last six months.

Vishal Fabrics: The smallcap textile player hit the lower circuit of 5 per cent to Rs 112.80 as investors took some profit off the table after a more than 100 per cent rally in the company in the last three months. The company was on a roll after the approval of the PLI scheme for the textile sector.

Apcotex Industries: The performance emulsion polymers maker tanked 4 per cent to Rs 409.85 after the bourses sought clarification from the company over the wild movement in its volume and price. The company replied that it has made all necessary disclosures.

Liberty Shoes: The footwear maker shed 4 per cent to Rs 177 ahead of its annual general meeting, which is scheduled on September 28.

Arvind Fashions: The apparel maker fell 4 per cent to Rs 254.20 after the company board initiated approval of a final demand cum forfeiture notice for payment of first and final call money.

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