by Ritmbarah Arora
MMTC: The shares of MMTC Ltd are among the top gainers in the stock market today. The share price advanced 12.8% at Rs 20.3 while around 8.3 million shares in volume have been traded today so far. The trading volume was almost 50 times the 20-day average. Among the shares traded, 20% were at the ask price while other 29% at the bid.
MMTC had placed a fresh order of 4,000 tonnes of onions from Turkey, as per an official statement. This order is in addition to the already placed order of 17,000 tonnes of onions, 11,000 tonnes from Turkey and 6090 tonnes from Egypt. As per the data on Trendlyne, the stock price has increased over 12.5% since the last week. MMTC is listed in 19 screeners on Trendlyne. Link
Eris Lifesciences: The shares of Eris Lifesciences advanced 5.7% at Rs 468.6 as of this writing. Around 1.4 lakh shares have been traded today in volume so far. The share price of Eris Lifesciences had already gained 3% on December 4 following the acquisition of trademark Zomelis. Citigroup has issued a ‘buy’ call on the stock in the long term and raised target price to Rs 750 from Rs 730. The company had reported consolidated sales of Rs 280.5 crore as against Rs 271.9 crore in Q2FY19. Net profit after tax was at Rs 92.7 crore in Q2FY20. The price of the stock has increased by 1.9% since the last week, as per Trendlyne data. Eris Lifesciences is listed in 15 screeners on Trendlyne. Link
FDC Ltd: The shares of FDC Ltd surged 5% to Rs 207.9 with around 1.2 lakh shares traded in volume so far. FDC Ltd is a pharmaceutical company engaged in the manufacture of specialized formulations and oral rehydration salts. The stock price has increased by 1% only since the last week, as per Trendlyne data. FDC Ltd is listed in 22 screeners on Trendlyne.
Bharti Infratel: The shares of Bharti Infratel rose 4.7% to Rs 257.5 and round 14.1 million shares in volume have been traded so far. The stock price has decreased by 6.8% since the last week, as per the data on Trendlyne. Bharti Infratel is listed in 11 screeners on Trendlyne.
Narayana Hrudayalaya: The shares of Narayana Hrudayalaya surged over 4% at Rs 309 as of this writing. Around 5.7 lakh shares in volume have been traded today in the stock market. Narayana Hrudayalaya plans to establish a 130 bedded hospital project in Nairobi, Kenya announced in 2016. The plan then couldn’t proceed due to the inability to fund the project by a financial institution partner. As per data on Trendlyne, the stock price has increased over 4% since the last week. Narayana Hrudayalaya is listed in 28 screeners on Trendlyne.
