Domestic benchmark indices closed in the green on Thursday after a flat opening. The BSE Sensex closed at 60,649 points, up 349 points and the Nifty 50 ended 101 points higher at 17,915 points. 1970 shares advanced, 1421 shares declined, and 126 shares remained unchanged.
Here are three stocks that gained more than 15% today:
Kirloskar Electric Company Ltd.
Shares of Kirloskar Electric Company zoomed on Thursday to close 15.73% higher at ₹ 100.45 apiece, against a closing price of ₹ 86.80 apiece on the previous day. Its share price has increased by a whopping 287.09% in the past year to give multibagger returns. It has a market capitalization of ₹ 576 crores.
Kirloskar Electric Company is an electrical engineering company that produces AC Motors, DC Motors, Transformers, Switchgear and more products.
Ge T&D India Ltd
Shares of Ge T&D India closed 16.55% higher at ₹ 170.05 apiece against their previous closing price of ₹ 145.90 apiece. In fact, the company’s shares gained 20% during the day. In the past year, the company’s share price has risen by 37.97%. It has a market capitalization of ₹ 3,736 crores.
GE T&D is the listed entity of GE’s Grid Solutions business in India and it has been in the business of power transmission and distribution for more than 100 years, providing a versatile range of solutions for connecting and evacuating power from generation sources onto the grid.
GE Power India Ltd.
The company’s shares closed 16.60% higher at ₹ 133.80 apiece on Thursday against a closing price of ₹ 144.75 apiece on the previous day. Its share price has fallen by 24.51% in the past year. It has a market capitalization of ₹ 771 crores.
GE Power India is engaged in the business of engineering, procurement & construction (EPC) of key equipment for thermal and hydropower plants. It is one of the leading players in the power generation market.
Written by Simran Bafna
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