In the previous week starting from November 20, 2017- November 24, 2017 Indian markets closed on positive note.
In the previous week starting from November 20, 2017- November 24, 2017 Indian markets closed on positive note. Speculation about Federal Reserve policy makers will increase the interest rate in the near term, aggressive buying from DII’s are some of the reason that have kept the Indian markets in green. Nifty and Sensex closed at 10,389.7 and 33,679.2 levels respectively up 0.9% and 1% respectively. However, there are some stocks that have gained nearly or more than 5% in the same period on BSE 200.
Some of them are discussed below
Source: Ace Equity
Gujarat Pipavav Port Ltd
Gujarat Pipava stock gained ~16% in the same period as Maersk Line has revised two of its services which would improve the annual container throughput of the company.
Reliance Communications Ltd
Share of the company surged ~12% in the previous week as Rcom lenders have given nod to the sale of its real estates in Delhi and Chennai to Canadian based asset management firm Brookfield.
GMR Infrastructure Ltd
The stock price of GMR Infra rose ~8% from Rs17.2 on November 20, 2017- to Rs18.6 November 24, 2017 while BSE power Index gained 1.4% in the same period.
Apollo Hospitals Enterprise Ltd
The share price of Apollo Hospitals rose ~8% from Rs1,058 on November 20, 2017- to Rs1,143 November 24, 2017 while BSE Healthcare Index gained 2% in the same period.
NCC Ltd
The shares of the company was up ~5% previous week as the consortium formed by it and BGR Infra has bagged a project from NTPC to develop and operate around Rs25,071cr coal block in Chhattisgarh.
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