Gainers & Losers : 10 stocks that moved the most on May 13

1/11 The Sensex and Nifty 50 fully recovered from the day's lows on May 13 and turned mildly green after falling almost 1 percent each in the morning trade. At the close, the Sensex was up 111 points at 72,776 and the Nifty was up 49 points or 0.2 percent at 22,104. About 1,537 shares advanced, 2,260 shares declined, and 130 shares were unchanged.

2/11 Tata Motors Ltd | CMP |Rs 959.75 | Shares of India's leading EV player slumped 8 percent on expectations that JLR can potentially face a demand risk. The company also anticipates a sluggish start to FY25, citing an expected dip in local passenger vehicle (PV) demand amidst ongoing elections.

3/11 Bank of India | CMP Rs 124.70 |Shares of the lender plunged over 10 percent after the lender's margins contracted by 23 basis points (bps) year-on-year (YoY) in the January-March quarter (Q4FY24).

4/11 ABB India Ltd | CMP Rs 7,999 |Shares surged 11 percent in today's trade, a record high, after the company's March quarter earnings beat Street expectations. Analysts remained bullish on the stock as the electrification and automation major reported an 82 percent year-on-year rise in its net profit at Rs 467 crore on higher revenue.

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5/11 Syrma SGS Tech | CMP Rs 395 | Shares tank over 16 percent after the company reported subdued results for the quarter ended March 2024. Its net profit grew six percent on-year to Rs 452.14 crore.

The company's EBITDA margin, however, contracted 222bps YoY due to higher commodity costs, and due to a focus on high-volume-based automotive business.

6/11 BEML | CMP Rs 3,675 | Shares of the company skyrocketed 14.5 percent as the company reported 62.9 per cent year-on-year growth in consolidated net profit at Rs 256.8 crore for the quarter ended March 2024, led by healthy operating numbers. Its revenue from operations grew by 9 percent YoY to Rs 1,513.7 crore.

7/11 Dr Lal Path Labs | CMP Rs 2,491 | Shares of the surged 6 percent as the company's upbeat management commentary and a solid earnings performance in the March quarter fanned hopes of a strong turnaround. The diagnostic chain delivered a 49 percent increase in its net profit for Q4 of FY24 at Rs 84.5 crore as compared to Rs 56.7 crore in the same period last year.

8/11 Polycab India | CMP Rs 6,410 | Shares of the wire and cables manufacturer gained 4 percent after net its profit jumped 29 percent to Rs 553 crore for the quarter ended March, compared to Rs 428 crore in the year-ago period. The revenue from operations came in at Rs 5,592 crore, higher by 29 percent as well, against Rs 4,324 crore in the corresponding period of the last fiscal.

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9/11 Piramal Pharma | CMP Rs 154,4 | Shares of the pharma major surged 2.7 percent as investors cheered for the drugmaker's solid all-around performance in the January-March quarter. The company's net profit for the quarter under review surged over two-fold to Rs 132 crore, up from Rs 50 crore in the year ago period. However, this bottom line included a one-time exceptional item of Rs 31 crore, excluding which, the net profit doubled on an annual basis.

10/11 Sharda Cropchem | CMP Rs 387 | Shares of the company traded over 7 percent higher after the Street cheered the pesticides maker's better-than-expected January-March quarter (Q4FY24) performance. Its profit-after-tax (PAT) slipped 28 percent YoY to Rs 143 crore in Q4FY24 as against Rs 198 crore in Q4FY23, beating Street estimates of Rs 63 crore.