by Ritmbarah Arora

Jindal Steel & Power:  The share price of Jindal Steel & Power rallied 18.2% to Rs 74.7. Around 18.4 million shares in volume have been traded so far. The stock price is down 16% since the last week and 51.6% since the last month, per Trendlyne data.

Jindal Steel & Power had reported its highest ever domestic and overseas steel & related products production and sales during FY20, as announced on April 2, 2020. The company’s domestic steel & related products production increased to a record of 6.3 million tonnes, up 13% during FY20 while sales increased to 6 million tonnes, up 12%. Jindal Steel & Power is listed in 35 screeners on Trendlyne.

Gujarat Alkalies & Chemicals: The stocks of Gujarat Alkalies & Chemicals rose 16.1% to Rs 293.1 for the second consecutive trading session. Around 7.8 lakh shares in volume have been traded so far. The share price is up 38.3% since the past week and has fallen 7.2% since the last month.

The share price of Gujarat Alkalies & Chemicals went up 18% on April 3, 2020 after resuming partial operations. Considering the requirements of various municipal corporations and other essential industries and after obtaining necessary permissions, it started partial operation of caustic soda, hydrochloric acid, phosphoric acid, sodium hypo and chlorine filling factories at Dahej complex and caustic soda and KOH at Vadodara complex. The company is listed in 32 screeners on Trendlyne.

IndusInd Bank: IndusInd Bank’s share price zoomed 20% to Rs 375.9 as of this writing. Around 25.5 million shares in volume have been traded so far and is also among the most traded shares today. The stock price plummeted 11.8% since the last week and 66% since the last month.

The stock price of IndusInd Bank started rising after the bank announced a rally of 13% to Rs 2,09,914 crore in its net advances on March 31, 2020. Its deposits jumped 4% YoY to Rs 2,16,713 crore from Rs 1,94,868 crore, as per the bank. The CASA ratio stood at 40.5% compared to 42.4% on December 31, 2019. IndusInd Bank is listed in 39 screeners on Trendlyne.

Cadila Healthcare: The stock price of Cadila Healthcare skyrocketed 13.8% to Rs 312.4 while around 6.4 million shares in volume have been traded so far. The share price gained 23.6% since the last week and 22.1% since the last month.

According to Business Today, two candidate vaccines for COVID-19 have entered the first phase of human clinical trials and another 60 candidate vaccines are in pre-clinical studies as confirmed by World Health Organization (WHO). Cadila Healthcare is listed in 32 screeners on Trendlyne.

Alembic Pharmaceuticals: The shares of Alembic Pharmaceuticals advanced 11.9% to Rs 599. Around 1.5 lakh shares in volume have been traded so far. The stock price is up 11.8% since the last week and has fallen 7.3% since the last month. The company is listed in 31 screeners on Trendlyne.