financetom
News
financetom
/
News
/
Adani Ports, Zomato, UCO Bank and more: Key stocks that moved the most on November 21
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Adani Ports, Zomato, UCO Bank and more: Key stocks that moved the most on November 21
Nov 21, 2022 6:59 AM

Zomato | Zomato shares slipped nearly five percent on Monday after the food delivery platform saw co-founder Mohit Gupta’s exit last week and also the start of layoffs to cut costs. According to Jefferies, times are going to remain challenging for the foodtech as it walks growth versus margin. Its stock ended 4.2 percent down.

Adani Ports and Special Economic Zone | Nifty50's top loser, its stock ended 2.1 percent lower.

Escorts Kubota | Leading engineering conglomerate Escorts Kubota Ltd. announced on Friday that it expects its consolidated revenue to grow more than 2.5 times by fiscal year 2027-28. Its stock ended nearly 7.6 percent higher on Monday.

Indian Energy Exchange | Shares of Indian Energy Exchange (IEX), gained for the first time in five trading sessions on Monday after the company announced that it will consider the proposal for the buyback of equity shares at its board meeting on November 25. Its stock ended nearly 5 percent higher.

Bank stocks | The Nifty PSU Bank index gained the most among sectoral indices, up 1.4 percent. Shares of Canara Bank, Bank of India, Union Bank, Punjab National Bank, Central Bank, Indian Overseas Bank, PSB, Bank of Maharashtra, UCO Bank ended 1.4 to 20 percent higher.

Swan Energy Ltd | Among the top Nifty500 gainers, its stock ended 14.2 percent higher.

Kabra Extrusiontechnik | Shares of Kabra Extrusiontechnik Ltd, which manufactures lithium-ion batteries under the Battrixx brand, soared over 15 percent on Monday after the company announced a partnership with Hero Electric. The company's Battrixx brand has launched ‘Ultra Safe’ battery packs in partnership with Hero Electric for the latter’s electric two-wheeler range. Its stock ended 19.9 percent higher.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Dow and Nasdaq 100 losses slow, while Dax remains under pressure
Dow and Nasdaq 100 losses slow, while Dax remains under pressure
Jul 22, 2024
​​​Dow is holding on above 40,000 ​After two days of heavy losses, the index still remains above its previous highs, as investors brace themselves for a busy week of earnings. ​Further declines will target 40,080, and then down to rising trendline support from mid-June. Bulls will look for a revival back above 40,500 to suggest that a low has been...
Meta Q2 2024 Earnings Preview: Steady Growth and a Focus on its AI Story
Meta Q2 2024 Earnings Preview: Steady Growth and a Focus on its AI Story
Jul 23, 2024
When will Meta report its latest earnings? Meta is scheduled to report its second quarter (Q2) earnings after the market closes on Wednesday, July 31st, 2024. What should traders look out for? Last quarter, Meta reported a revenue beat of $36.46 billion vs. $36.16 billion expected and an EPS beat of $4.71 per share vs. $4.32 expected. The company reported...
AUD/USD Technical Outlook: Charting the Downtrend and Potential Reversals
AUD/USD Technical Outlook: Charting the Downtrend and Potential Reversals
Jul 22, 2024
AUD/USD News and Analysis Relentless AUD/USD selling continues into the new weekAUD/USD sentiment: significant shift towards long positioning warrants attentionThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow Get Your Free AUD Forecast Relentless AUD/USD Selling Continues into the new Week...
Alphabet's Earnings Preview: Steady growth and a focus on its AI story
Alphabet's Earnings Preview: Steady growth and a focus on its AI story
Jul 23, 2024
Article by IG Market Analyst Hebe Chen Alphabet's Earnings: What to expect Alphabet’s consensus EPS forecast for the second quarter of the year is $1.85, a slight decrease from the previous quarter at $1.89, but still a 28% increase compared to the same quarter last year. Total revenue is projected to reach $84.3 billion, reflecting a 4% increase from the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved