Reliance Industries, RBL Bank, Nitin Spinners and more: Key stocks that moved most on Dec 30

SUMMARY

Indian stock market took cues from global markets and ended Thursday's trade flat. The 30-scrip BSE Sensex declined 12.2 points to close at 57,794.3 and the broader 50-share NSE Nifty50 benchmark slipped 9.7 points to 17,204. Here are key stocks that moved the most in today's trading session:

By CNBCTV18.comDec 30, 2021 3:49:45 PM IST (Published)

Krebs Biochemicals and Industries | The company's board of directors approves allotting 1 crore redeemable non-convertible non-cumulative preference shares of Rs 100 each aggregating to Rs 100 crore, on private placement basis to IPCA Laboratories, a promoter group company. This drove the company's stock to settle 20 percent higher.

Rama Steel Tubes | The company has procured orders of approximately Rs 4.33 crore from Uttar Pradesh Power Corporation. Post this, the stock ended 10 percent higher.

Reliance Industries | Shares of RIL closed 1.60 percent lower and was the worst performer on Nifty50.

RBL Bank | Shares of the private lender ended 9.29 percent lower amid negative newsflow. A media report said that a loan worth Rs 300-crore was written off within seven months of being sanctioned and this was likely considered as the key reason for RBI's sudden intervention in RBL Bank.

Cantabil Retail India | Nearly 10 percent equity changed hands on exchanges which led the stock to close 5 percent higher.

Nitin Spinners | Shares of the company ended 0.21 percent lower. The board of directors of Nitin Spinners earlier approved capital expenditure of Rs 950 crore for capacity expansion.