Dish TV, Nazara, HCL Tech and other stocks that moved most on September 27
Dish TV shares fell 6.18% to close at Rs 15.95
Nazara Technologies lost 3.08% to settle at Rs 658.50
Shares of HCL Technologies rose 1.43% to close at Rs 919.65
Indian equity benchmarks ended a volatile day on trade on a flat note following losses in metal, banking, and financial stocks. The Sensex ended 37.70 points or 0.07% lower at 57,107.52. The NSE Nifty shed 8.90 points or 0.05% to close at 17,007.40.
The broader indices ended in green with the BSE Midcap index gaining 0.01% and the Small cap index up by 0.49%. The top gaining sectoral indices on the BSE were Oil & Gas up by 1.24%, Energy up by 0.91%, TECK up by 0.75%, Telecom up by 0.73% and Healthcare was up by 0.69%, while Metal down by 0.83%, Bankex down by 0.78%, Capital Goods down by 0.71%, Utilities down by 0.59% and Power was down by 0.58% were the top losing indices on BSE.
Here are the key stocks that moved most on September 27:
Dish TV: The stock fell 6.18% to close at Rs 15.95 after the company said in an exchange statement that its shareholders had rejected four of six resolutions at an annual general meeting on Monday. The company said its AGM adjourned without assigning a day for a further meeting and the board strength is now down to two members. The resolutions not approved by shareholders include those related to the adoption of financial statements for fiscal years 2021 and 2022 appointment of new statutory auditor SN Dhawan & Co and appointment of Rakesh Mohan as a non-executive independent director.
Nazara Technologies: The stock lost 3.08% to settle at Rs 658.50 after the Tamil Nadu cabinet approved an ordinance to ban online games with stakes in the state. The ordinance will become effective following the governor’s approval.
HCL Tech: Shares of HCL Technologies rose 1.43% to close at Rs 919.65 after the company announced that it has been named the official cornerstone partner of MetLife Stadium and the digital transformation partner of the NY Giants, New York Jets, and MetLife Stadium.
Shakti Pumps: Shares of the pump maker added 5% to close at Rs 511 after the company said it received funds in advance for the pumps it will be supplying to the government of Uganda. The company in a regulatory filing said it has received an advance of $6 million from the Export‐Import Bank of India (EXIM Bank) on behalf of the Ugandan government represented by the Ministry of Water and Environment for supplying solar‐powered water pumping systems. The company will start the project execution in October 2022.
HFCL: The stock gained 3.03% to close at Rs 71.30 after the company received the Purchase Orders aggregating to Rs 202.60 crore, consisting of Purchase Orders of Rs 167.60 crores from Reliance Retail Limited & Reliance Projects & Property Management Services Limited for the supply of Optical Fibre Cable and of Rs 35 crore from one of the overseas customers for the supply of various types of OFC and its related accessories.