![opoyicentral](https://opoyi.com/wp-content/themes/opoyitheme/images/opoyi_6k77dlSYd.jpg)
Adani Ports, L&T, Bharti Airtel and other stocks that moved most on July 15
- Adani Ports stock added 0.67% to settle at Rs 729.30
- L&T Infotech stock ended 2.54% higher at Rs 3,972
- Federal Banl share price jumped 1.49% to close at Rs 98.65
The BSE Sensex surged 344.63 points or 0.65% to close at
53,760.78. During the day, it climbed 395.22 points or 0.73% to 53,811.37. The
NSE Nifty gained 110.55 points or 0.69% to 16,049.20.
The broader indices ended in green with the BSE Midcap
index up by 0.84%, while the Small cap index rose by 0.52%. On the sectoral
front, Auto was up by 2.34%, Consumer Durables was up by 1.56%, FMCG was up by
1.48%, Capital Goods was up by 1.47% and Telecom was up by 1.35%, while Metal
was down by 0.99%, IT down by 0.17%, Utilities down by 0.16% and Power down by
0.08% were the top losing indices on BSE.
Also Read | Closing Bell: Sensex jumps 344 points, Nifty closes at 16,049
Here are the key stocks that moved the most on July 15:
Adani Ports and Special Economic Zone: The stock added 0.67% to settle at Rs 729.30 after the firm won the tender for the
privatization of Hafia Port, the second-largest port in Israel, in partnership
with chemicals and logistics group Gadot.
Also Read | Here’s what depreciating rupee mean for stock markets
L&T Infotech: The share ended 2.54% higher at Rs 3,972
after the company posted a consolidated profit after tax (PAT) of Rs 633.50
crore for the quarter ended June 2022, up 27.64% from Rs 496.30 crore in the
year-ago period. On a sequential basis, profit for the quarter was almost flat
compared to the reported profit of Rs 637 crore in the March quarter.
Also Read | GST rate hike: List of items that will become more expensive from July 18
Federal Bank Ltd: The share price jumped 1.49% to close at
Rs 98.65 after the private lender reported a 63.5% year-on-year growth in net
profit at Rs 600.6 crore for June quarter 2022, compared to Rs 367.3 crore in
the year-ago period. Its net interest income (NII) was up 13.1% at Rs 1,604.5
crore against Rs 1,418.4 crore, year-on-year.
Also Read | Asian stocks plummet, dollar strengthens as growth outlook dims
Bharti Airtel Limited: The telecom stock surged 1.54% to
settle at Rs 651.55 after the company said it is allotting 7.11 crore shares to
Google on a preferential basis. The company said after the allotment, Google
will hold about 1.20% of the total post-issue equity shares of the company and
about 1.17% on a fully-diluted basis. Google is paying Rs 5,224 crore for the
stake.
Also Read | Oil prices surge ahead of expected US Fed interest rate hike
Tata Steel Long Products: The share price ended 4.21% down
at Rs 579.70 after the company reported a surprise net loss of Rs 331.09 crore
for the April-June quarter of fiscal 2022. The company posted a profit of Rs
331.60 in the year-ago period. This was despite its total income increasing
24.78% to Rs 2,154.78 crore from Rs 1,726.82 crore in the quarter ended June
2021. The company’s expenses rose almost two-fold to Rs 2,489.58 crore from Rs
1,282.59 crore in the same quarter of the previous financial year.
Related Articles
ADVERTISEMENT