NTPC,JK Paper among top 6 stocks that hogged limelight on Dalal Street today

NTPC,JK Paper among top 6 stocks that hogged limelight on Dalal Street today

Shares of JK Paper settled the day 2.30 per cent up on BSE after the company informed it has made a non-binding offer to acquire two units of Avantha Group firm BILT Graphic Paper Products Ltd (BGPPL).

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Photo: ReutersPhoto: Reuters
BusinessToday.In
  • Jul 7, 2016,
  • Updated Jul 7, 2016 3:45 PM IST

The S&P BSE Sensex on Thursday ended flat led by gains in Lupin, Dr.Reddy's Laboratories and Hindustan Unilever, while the broader Nifty50 closed below its key support level of 8,350-mark.

The 30-share index ended the day at 27,201, up 34.62 points, while broad-based 50-share index quoted 8,337, up 1.95 points at close.

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Key stocks that buzzed in today's trade:

1)JK Paper: Shares of JK Paper settled the day 2.30 per cent up on BSE after the company informed it has made a non-binding offer to acquire two units of Avantha Group firm BILT Graphic Paper Products Ltd (BGPPL).2)Petronet LNG: Shares of Petronet LNG slipped 0.41 per cent on BSE even after the India's biggest gas importer is planning to set up a Rs.50 billion LNG import terminal at Kutubdia islands in Bangladesh countries.

3)Vakrangee: Shares of Vakrangee closed the day 4.03 per cent up on BSE after the company entered into Corporate Agency tie-up with Religare Health Insurance Company, to distribute health Insurance product through Vakrangee distribution network, said a media report.

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4)CESC: Shares of RP Sanjiv Goenka Group flagship CESC soared 1.05 per cent on BSE after the comapny has secured a term loan of Rs 712 crore from four banks towards meeting capital expenditure and retiring long-term debt.

5)NTPC: Shares of NTPC settled the day 0.59 per cent up on BSE after the company reported offer for sale of 2.06 crore equity shares for its employees was subscribed 85 per cent and government is expected to net around Rs 202 crore from the share sale.6)ICICI Bank: Shares of ICICI Bank closed the day 0.35 per cent down on BSE even after the private lender will seek shareholder approval to raise up to Rs.25,000 crore by selling bonds and debentures.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

The S&P BSE Sensex on Thursday ended flat led by gains in Lupin, Dr.Reddy's Laboratories and Hindustan Unilever, while the broader Nifty50 closed below its key support level of 8,350-mark.

The 30-share index ended the day at 27,201, up 34.62 points, while broad-based 50-share index quoted 8,337, up 1.95 points at close.

Advertisement

Key stocks that buzzed in today's trade:

1)JK Paper: Shares of JK Paper settled the day 2.30 per cent up on BSE after the company informed it has made a non-binding offer to acquire two units of Avantha Group firm BILT Graphic Paper Products Ltd (BGPPL).2)Petronet LNG: Shares of Petronet LNG slipped 0.41 per cent on BSE even after the India's biggest gas importer is planning to set up a Rs.50 billion LNG import terminal at Kutubdia islands in Bangladesh countries.

3)Vakrangee: Shares of Vakrangee closed the day 4.03 per cent up on BSE after the company entered into Corporate Agency tie-up with Religare Health Insurance Company, to distribute health Insurance product through Vakrangee distribution network, said a media report.

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4)CESC: Shares of RP Sanjiv Goenka Group flagship CESC soared 1.05 per cent on BSE after the comapny has secured a term loan of Rs 712 crore from four banks towards meeting capital expenditure and retiring long-term debt.

5)NTPC: Shares of NTPC settled the day 0.59 per cent up on BSE after the company reported offer for sale of 2.06 crore equity shares for its employees was subscribed 85 per cent and government is expected to net around Rs 202 crore from the share sale.6)ICICI Bank: Shares of ICICI Bank closed the day 0.35 per cent down on BSE even after the private lender will seek shareholder approval to raise up to Rs.25,000 crore by selling bonds and debentures.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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