An internal probe report featured among the day’s triggers, with PVR Inox coming under pressure after a report on a senior executive’s exit, even as HFCL and Zydus Wellness extended gains at the opening bell.
Top gainers at market open
Zydus Wellness shares rose up to 9% at market open. The company’s shares had risen almost 25% since the beginning of the year and almost 21% in the past year. The stock was at a 5.5% decline from its 52-week high of ₹611.85. Over 30 lakh shares of the company were traded on the stock market at 10.71 times the stock’s 10-day average.
HFCL shares rose 5% at market open. The company’s shares had risen more than 252% since the beginning of the year and more than 242% in the past year. The stock was at a 5.6% decline from its 52-week high of ₹256.70. Over 32 lakh shares of the company were traded at 0.22 times the stock’s 10-day average.
Balrampur Chini Mills shares rose up to 3.5% at market open. The company’s shares had risen almost 63% since the beginning of the year and more than 33% in the past year. The stock was at a 9.4% decline from its 52-week high of ₹780.95. Over 20 lakh shares of the company were traded at 0.24 times the stock’s 10-day average.
Top losers at market open
PVR Inox shares fell up to 7% at market open after a report by The Economic Times said the company had asked senior executive Pramod Arora to leave in April, following an internal probe into alleged kickbacks worth ₹200 crore from developers involved in cinema projects. The company’s shares had risen over 14% since the beginning of the year and almost 4% in the past year. The stock was at an 11.1% decline from its 52-week high of ₹1,284.50. Over 9 lakh shares of the company were traded at 1.5 times the stock’s 10-day average.
Zee Entertainment shares fell up to 5% at market open. The company’s shares had fallen more than 2% since the beginning of the year and almost 24% in the past year. The stock was at a 38% decline from its 52-week high of ₹121.80 and 29.7% away from hitting its 52-week low of ₹68. Over 1 crore shares of the company were traded at 0.4 times the stock’s 10-day average.Manappuram Finance shares fell over 3.5% at market open. The company’s shares had risen over 4% since the beginning of the year and almost 12% in the past year. The stock was at a 16.7% decline from its 52-week high of ₹381.55 and 33.2% away from hitting its 52-week low of ₹245.15. Over 21 lakh shares of the company were traded at 0.43 times the stock’s 10-day average.
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