Tuesday, November 29, 2022

5 stocks that moved on November 29

Benchmark indices ended higher on November 29 with Nifty around 18600. At close, the Sensex was up 177.04 points or 0.28% at 62,681.84, and the Nifty was up 55.20 points or 0.30% at 18,618.

Ami Organics | CMP: Rs 1,001.45 |
The stock jumped 7 percent after Norges Bank on account of The Government Pension Fund Global bought 1,092,000 equity shares in the company at a price of Rs 920 per share.

Can Fin Homes | CMP: Rs 548 | The scrip ended in the green after the company declared an interim dividend of Rs 1.50 per equity share of Rs 2 each. The company has fixed December 9, 2022, as the record date for the payment of this interim dividend and the dividend will be paid to the eligible shareholders by December 26, 2022.

Laurus Labs | CMP: Rs 408.50 | The share price tumbled over 9 percent after Kotak Institutional Equities downgraded the stock with a fair value of Rs 350 per share. It also has revised FY2024E EPS 34% lower than the street. The brokerage believes Laurus' troubles on antiretrovirals (ARVs) and the looming cessation of paxlovid sales are being underappreciated.

Inox Green Energy | CMP: Rs 60.30 | The stock price ended in the red after Dovetail India Fund Class 6 Shares sold 1.8 million shares in Inox Green at a price of Rs 61.69 per equity share.

Ethos | CMP: Rs 902.70 | The stock ended in the green on November 29. Ethos Limited has signed a partnership with Swiss Watch Manufacturer Speake-Marin to be their exclusive retailer in the Indian market. The timepieces by Speake-Marin will be exclusively available with Ethos Watch Boutiques and will include timepieces such as One & Two Dual Time and City Ripples, the firm said in an exchange filing.

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