Explained: 5 stock movements today
New Delhi: Bharti Airtel shined on upgrade by brokerages: Stock gained 3.47 percent after BoA ML has upgraded the rating of stock from neutral to buy. Counter extended gain on lower 2G auction prices.
Zylog Systems tumbled after poor Q2 results: Share slipped 5 percent after net profit declined by 56 percent to Rs 21.5 crore on yearly basis.
SREI Infra edged higher on SEBI nod: Stock gained nearly 2 percent after company received certificate of registration for SREI mutual fund from SEBI.
Shashun Pharma rallied as market breadth turned negative: While the markets edged lower, counter gained 2.25 percent after funds preferred to invest in defensive bets like Pharma.
Geometric rocked once again: Scrip gained over 5 percent after reports stated that Rakesh Jhunjhunwala thinks that the stock is a ‘dark horse’.