On September 17, 2024, the Indian stock market saw a mixed bag of gainers and losers. Sensex and Nifty ended the session with slight gains, powered by telecom, banking, and construction stocks, while metal stocks faced declines. A total of 1,712 stocks advanced, 2,237 declined, and 109 remained unchanged, as per BSE data. Here's a detailed look at the top 10 stocks that saw the most movement:
Bajaj Housing Finance
CMP: ₹181.5 per share
Bajaj Housing Finance continued its stellar post-IPO performance, with shares hitting the upper circuit and surging by 10%. The stock, which debuted at ₹165, saw a 135% rise from its IPO price of ₹70. Investors remain bullish, extending its rally.IGL
CMP: ₹547 per share
Shares of Indraprastha Gas Limited rose over 3% following an upgrade to 'buy' by UBS, which also hiked the target price. The stock rallied further due to strong volume growth prospects.DCX Systems
CMP: ₹347 per share
DCX Systems surged to an upper circuit of 5% after announcing that its wholly-owned subsidiary had been granted an industrial license. This was seen as a key growth catalyst for the company.Suzlon Energy
CMP: ₹81 per share
After delivering multi-bagger returns of 110% in just three months, Suzlon Energy saw a 4% dip due to profit booking. Despite the correction, the stock is still up 115% for the year.SpiceJet
CMP: ₹72 per share
SpiceJet shares dropped nearly 7%, as investors booked profits following the stock's recent rally. The decline comes after the airline opened a Qualified Institutional Placement (QIP) to raise ₹3,000 crore at a floor price of ₹64.79 per share.Geojit Financial
CMP: ₹155 per share
Geojit Financial's stock slumped by over 8%, even as the company's Rights Issue Committee is set to meet on September 19 to finalize key details about its upcoming rights issue, including the price and entitlement ratio.Reliance Infrastructure
CMP: ₹235 per share
Shares jumped over 9% after the company announced a board meeting to discuss raising long-term funds. The stock surged despite no specific details about the mode or amount of fundraising.Firstsource Solutions
CMP: ₹308 per share
The stock climbed by 3% following the announcement of a new partnership with Microsoft. The collaboration aims to deliver cutting-edge digital transformation services, boosting investor sentiment.Ola Electric Mobility
CMP: ₹118 per share
Ola Electric Mobility saw its stock hit the upper circuit, rising by 10%, fueled by bullish calls from Bank of America and Goldman Sachs. The stock's growth outlook remains strong, with positive coverage from major global brokerages.MGL (Mahanagar Gas Limited)
CMP: ₹1,901 per share
MGL shares rallied by almost 5% after UBS upgraded its rating to 'buy' and increased the target price, citing strong volume growth prospects.
This list highlights the stocks that captured the most attention on September 17, with notable performances from Bajaj Housing Finance and Ola Electric Mobility leading the gains, while profit-booking hit Suzlon Energy and SpiceJet.
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