The Domestic indices ended Thursday’s session marginally lower. The NSE Nifty 50 fell 43.05 points or 0.25% to end at 17,511.25 and BSE Sensex plunged 139.18 points or 0.23% to close at 59,605.80.
Despite a weak market condition, here are 4 stocks that gained up to 20% on Thursday’s trading session:
Sandur Manganese and Iron Ores Limited
The shares of Sandur Manganese and Iron Ores was one of the top gainers on Thursday as the scrip jumped by 12 percent to close at Rs 982 levels. In the past six months, the stock gained 11 percent.
Sandur Manganese and Iron Ores stands as one the highly integrated and diversified commodity producers and the third largest Manganese Ore
Miner In India. It has expanded beyond mining operations to include the production of ferroalloys, coke and energy
Simplex Infrastructure Limited
Simplex Infrastructure saw its shares gain 13 percent on Thursday and end at Rs 43 levels. In the span of a year the scrip has gained approximately 25 percent.
Simplex Infrastructures Ltd. is a diversified construction company that is engaged in executing projects in several sectors like Transport, Energy & Power, Mining, Buildings, Marine, Real Estate etc.
Taneja Aerospace & Aviation Limited
The shares of the Aerospace company gained more than 14 percent on Thursday and ended at Rs 123 levels. On a yearly basis, the stock has jumped by more than 25 percent.
TAAL is the first private sector company in the country to manufacture general aviation i.e. non-military aircraft. The company is engaged in Aircraft Manufacturing & Maintenance Centre and Aviation Infrastructure – Airfield & MRO.
Systematix Corporate Services Limited
The shares of Systematix Corporate Services opened in green and rallied as much as 20 percent to end the session at Rs 247 levels on Thursday. However, the stock has shed approximately 19 percent in the past six months and shed more than 30 percent in a year.
Systematix Group is a financial institution that offers Investment Banking, Merchant Banking, Broking, Wealth Management, Portfolio Management Services, NRI Services, E-Broking, and Depository Services in India.
Written by Anoushka Roy
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