Business & Investment

Week of 10 stocks: Asian Paints and Berger Paints hit new highs.Antony Waste makes a solid debut

Mumbai: The mood of the market continued to rejoice as the benchmark stock index hit a record high in the last week of 2020 and the longest streak in 10 years.

Benchmark Sensex jumped 895.44 points or 1.91% to 47,868.98 points during the week. Nifty It increased by 269.25 points or 1.96% to 14,018.50.

The liveliness is widespread, 409 BSE Cutting profit of 500 shares.

The major stocks that made a big move last week are:

Suzuron Energy: Wind turbine maker Suzlon Energy’s share price surged 27.22% a week, making it the top winner of the BSE 500 pack. Shares even reached a 52-week high of Rs6.55 on 31 December.

Asian paint, Burger paint: Leading paint manufacturer Asian paint And Berger Paints rose 4.74% and 5.03% weekly, respectively, to record highs and continued to win in the hope of a faster volume recovery. As seen in the last few quarters, the resurgence of quantity will continue to be driven by low-cost products in demand in small cities and towns.

Rain Industries: Specialty chemicals maker Rain Industries announced a 15.73% weekly surge to a 52-week high as its arm announced that it had completed the sale of its non-strategic subsidiary of Rs 63.7 billion. The company said the consideration received from the sale of the two subsidiaries will be used to repay debt and other general corporate needs.

Antony Waste Disposal Cell: The shares of Antony Waste Handling Cell on Friday made a solid market debut as Scrip closed at Rs 407.25, up 29.3% from the issue price of Rs 315. The stock debuted at BSE with Rs 430 at the issue price. Stocks have provided decent listing profits, but nonetheless have not been the most impressive debut these days.

Dish TV India: The stock was the biggest loser of the BSE-500 pack, dropping 9.72 percent the week after the retail operator received a payment request notice of Rs 4,164.05 from the government, including license fees and interest. ..

Deepak Nitrite, Hindustan Organic Chemicals: Deepak Night Light And Hindustan Organic Chemicals Ltd.. 8.95 each after a chemical manufacturer submits an application for a sunset review of anti-dumping obligations imposed on the import of phenol from the European Union and Singapore or from the European Union and Singapore for the 12 months to June 2020. Recovered% and 18.75%.

IndiaMART InterMESH: Stock prices continued to win, rising another 13.02% a week, a record high. IndiaMART is India’s largest online B2B marketplace, with a market share of approximately 60% for online B2B classified ads. Inventory has increased 38% in the past month and has increased 242 times in the past year.

Bharat Heavy Electricals, Ltd. (BHEL): State-owned lBHEL has packed an order worth R3,200 for electromechanical work on a hydropower project in Andhra Pradesh and E & M work on a pump motor set for a lift irrigation scheme in Telangana.

Week of 10 stocks: Asian Paints and Berger Paints hit new highs.Antony Waste makes a solid debut Week of 10 stocks: Asian Paints and Berger Paints hit new highs.Antony Waste makes a solid debut

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