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BHEL, HPCL, Tata Steel and other stocks that moved most on June 21

BHEL settled 6.53% higher at Rs 44.85
Hindustan Petroleum Corporation ended 4.30% higher at Rs 219.40
Tata Steel shares surged 2.46% to close at Rs 882.55

The BSE Sensex rallied 934.23 points or 1.81% to close at 52,532.07, During the day, it surged 1,201.56 points or 2.32% to 52,799.40. The NSE Nifty jumped 288.65 points or 1.885 to settle at 15,638.80.

The broader indices ended in green with the BSE Mid cap index rising 2.42%, while the Small cap index was up by 2.99%. On the sectoral front, Oil & Gas was up by 5.96%, Energy up by 4.95%, Consumer Durables were up by 3.93%, Metal was up by 3.90%, and Realty was up by 3.79%, while there were no losing sectoral indices on the BSE.

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Here are the key stocks that moved the most on June 21:

BHEL: The stock settled 6.53% higher at Rs 44.85 after GE Steam Power signed a deal worth $165 million for nuclear turbines with the company, reported Bloomberg.

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Hindustan Petroleum Corporation: The stock ended 4.30% higher at Rs 219.40 after HPCL issued Unsecured, Redeemable, Non-Convertible, Non-Cumulative, Taxable Debentures of Rs 10,00,000 each aggregating to Rs 1,500 crore on private placement basis on June 20, 2022, for funding of refinancing of existing borrowings and funding of capital expenditure of the issuer, including recoupment of expenditure already incurred and for any other purpose in the ordinary course of business of the issuer.

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Tata Steel: The company’s shares surged 2.46% to close at Rs 882.55 after global brokerage Citi’s target price implied a 26% upside in the stock.

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SBI Cards and Payment Services Limited: The stock surged 6.78% to close at Rs 720.90 after financial services group Macquarie in a report said that the RBI’s tougher regulations for fintech companies will be advantageous to banks.

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Vodafone Idea: The shares of Vodafone Idea closed 5.66% higher at Rs 8.40 after the cash-strapped telecom operator said it is planning to raise up to Rs 500 crore for Vodafone Group, one of the promoters.

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BHEL, HPCL, Tata Steel and other stocks that moved most on June 21

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