Top 10 stocks in action on 6th July, 2020. The benchmark indices closed higher on July 6. Which was led by a prominent support. Also, by the banking and financial stocks, Auto Stocks, Metal stocks.
Here are the few top 10 stocks that were in action and which moved the most during the trading session on July 6.
- HDFC Bank stock price went up by 2% after the bank released that their advances grew by 21% year-on-year in the april to june quarter. A year back at the same period the amount was 8,29,700 which has reached 10,04,500 in the current year. On closing the share price was 1,102.45.
- Sobha gained over a 5 percent after the company posted a 70% jump in their sales volume during Q1 FY21 as compared toh Q4 FY20. Amid the pandemic situation Sobha posted their highest ever income, sales volume and collections.
- ITC gained over 1% after on July 6 taking the share price to 200.45 during the trading session. CRISIL reaffirmed ratings in respect to the total bank loan facilities of Rs 2,850 crore of ITC with a long term rating CRISIL AAA/Stable & Short term rating CRISIL A1+.
Metal Stocks Inclusion:
- Steel Strips Wheels moved over a percent. And the share price was at 437 after the company has got export orders of over 119,000 wheels. Also for US caravan Trairer Market to be executed in August from their chennai plant.
- Aksh Optifibre dips by 5% on july 6. And the stock price standing at 6 after a independent director of the company wrote to the board. And finance ministry by accusing their promoters of siphoning off nearly 600 crore. Through multiple related-party transactions and faking investments.
- Power Mech projects jumped by 5 percent taking the stock price to Rs 492. After the company has won projects worth rs 1,507 Crore.
- Prism Johnson share price was at 48.40 by gaining 10% after the board approved divestment of the entire stake in insurance arm.
- Ircon International jumped by 11 percent and the share price was at Rs 102 after the company has inked a pact with 2 companies for exploring opportunities in the solar energy sector.
- Cochin shipyard’s stock was over 7 percent with the share price as Rs 330.50 after the company reported a 44 percent increase in consolidated profit to Rs 137.52 Crore for the quarter ended on march 31,2020.
- Kalpatru Power Transition share price was at 257.30. After surging up by 10% after the company signed definitive agreements. To sell Alipurduar Transmission LTD to Adani Transmission LTD for a total value of 1,286 Crore.
