Aditya Birla, Jubilant and other stocks that moved most on January 14

Indian benchmark indices broke 5-day gaining momentum and ended flat in a tense session on January 14, 2022. The BSE Sensex was down 85.26 points or 0.14% at 61,235.30 and the Nifty was down by 2 points or 0.1% at 18,255.80. IT, Capital Goods, and Realty sector indices rose 1% each.

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Here are key stocks that moved most during today’s trading session:

Aditya Birla Fashion and Retail: The stock touched a 52-week high of 312.95 on January 14 but closed slightly lower after the company approved the acquisition of a 51% stake in ‘House of Masaba Lifestyle Pvt. Ltd.’. The stock closed at Rs 308.20.

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Jubilant Foodworks: The food services company’s stocks ended 0.11% higher after Jubilant’s board decided to meet on February 2 to discuss the stock split plan.

Tata Consumer Products: The company’s stock ended 4.19% higher at Rs 760.80 to become the top gainer on Nifty50. The highest it touched was Rs 777.00 and the lowest was Rs 727.00.

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Triveni Turbine: The steam turbine manufacture’s shares closed 13.01% higher on Nifty500. It is the highest gainer on Nifty500 today

Aurobindo Pharma: Shares of the API manufacturer closed 3.01% lower after Aurobindo Pharma’s Unit 1 in Hyderabad received a warning letter from the US Food Drug Administration.

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Mindtree: The firm’s net profit exceeded market expectations at Rs 437.5 crore and revenue was marginally lower than the expectations at Rs 2,750 crore. An unenthused reaction from the brokerage firms led the stock ending 4.18% down at Rs 4546.00.

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Motherson Sumi Systems: The company’s shares fell 20% and closed at Rs 185.55 as they traded excluding the value of the wiring harness business of the company that will be demerged into a separate entity. Last year Montherson Sumi announced a restructuring of its business under which the promoter entity will be merged into the other listed company and will be named Samvardhana Motherson.