Gainers & Losers: After four consecutive trading days of decline, the domestic stock market regained its momentum today. At the end of the day today, Sensex closed at 85,265.32 with a rise of 158.51 points or 0.19% and Nifty 50 closed at 26,033.75 with a rise of 47.75 points or 0.18%. Now if we talk about individual stocks, there was sharp ups and downs in some stocks today due to their special corporate activities. Some of them are being explained here along with the reason behind the huge stir. (All prices are taken from BSE.)
TCS. Current Price: ₹3228.90 (+1.54%)
Spice Lounge. Current Price: ₹52.99 (+4.99%)
Brahmaputra Infra. Current Price: ₹104.25 (+3.58%)
Magnum Ventures. Current Price: ₹24.82 (+19.90%)
Nectar Lifesciences. Current Price: ₹20.94 (+16.85%)
InterGlobe Aviation (IndiGo). Current Price: ₹5466.55 (-2.25%)
GE Vernova T&D. Current Price: ₹2818.00 (-3.16%)
Zenlabs Ethics. Current Price: ₹24.83 (-4.90%)
Kaynes Tech. Current Price: ₹4978.60 (-6.17%)
TCS. Current Price: ₹3228.90 (+1.54%)
Coforge. Current Price: ₹1967.45 (+2.88%)
IT stocks shine as rupee falls to record low. All the Nifty IT stocks closed in the green zone today and the biggest gainer on closing basis was in Coforge today. TCS was the top gainer on Sensex today. If we talk about TCS, today it jumped by 2.20% to reach ₹ 3249.95 in intra-day and Koforz jumped by 3.82% to reach ₹ 1985.50 in intra-day. Let us tell you that today the rupee fell to a record low of ₹ 90.42 against the US dollar. This weakness has a positive impact on the margins of some IT companies as a large part of their revenues come from the North American market.
Spice Lounge. Current Price: ₹52.99 (+4.99%)
When Spice Lounge Food Works got the exclusive master franchise rights of the world famous quick service restaurant WingZone, its shares celebrated and today jumped 5% intra-day to reach the upper circuit of ₹ 52.99 and closed on the same. The company plans to open the first WingZone outlet in India in January 2026 in Koramangala, Bengaluru.
Brahmaputra Infra. Current Price: ₹104.25 (+3.58%)
Shares of Brahmaputra Infra today jumped 7.05% to ₹107.75 intra-day after it won construction contract worth ₹113.54 crore for Jammu Legislature Complex. Work on this project is to be completed in 18 months.
Magnum Ventures. Current Price: ₹24.82 (+19.90%)
Magnum Ventures’ shares jumped 20% to hit the upper circuit of ₹24.84 intra-day today as Magnum Ventures redeemed non-convertible debentures worth ₹150 crore from the ₹150 crore loan raised from Tourism Finance Corp. Now the outstanding debenture amount of the company has fallen from ₹211.45 crore to ₹61.45 crore while the interest rate on the tourism finance loan is 13% per annum which is to be repaid in 48 quarterly installments between April 2026 and January 2038.
Nectar Lifesciences. Current Price: ₹20.94 (+16.85%)
Shares of Nectar Lifesciences today jumped 18.25% to ₹21.19 intra-day on announcement of share buyback of ₹81 crore at ₹27 per share. The record date of this buyback has been fixed as December 24.
InterGlobe Aviation (IndiGo). Current Price: ₹5466.55 (-2.25%)
Shares of IndiGo’s parent company InterGlobe Aviation fell 3.42% to ₹ 5401.00 in intra-day today due to large number of flight cancellations. The company has clarified that DGCA has not started any investigation in this matter but has only sought some information but the shares could not escape the shock.
GE Vernova T&D. Current Price: ₹2818.00 (-3.16%)
Shares of GE Vernova T&D fell 4.05% to ₹2792.00 intra-day today on a block deal of over 2 lakh shares worth ₹58.30 crore at ₹2,902.90 per share on NSE.
Zenlabs Ethics. Current Price: ₹24.83 (-4.90%)
Shares of Genlabs Ethica fell 6.13% to ₹24.51 intra-day today on the resignation of Manju Bala, Company Secretary and Compliance Officer, in search of new opportunities. Today, December 4, is his last working day in the company after serving a notice period of 15 days from November 20.