Top Gainers of the Day – ONGC, Bharat Electronics, L&T, BPCL, Shriram Finance Lead Rally on November 25, 2024

Benchmark indices, BSE Sensex and NSE Nifty50 started the week strong, both rising over 1%. The market was boosted by the BJP-led coalition’s big win in the Maharashtra Assembly elections and positive trends in global markets.

The BSE Sensex surged 1,961.32 points (2.54%) to close at 80,109.85 after touching an intraday high of 80,473.08. Similarly, the NSE Nifty50 gained 314.65 points (1.32%) to end at 24,221.90, with an intraday peak of 24,351.55.

Out of the 50 stocks in the Nifty50 index, here are the NSE top gainers for the day: 

• Oil and Natural Gas Corporation

Oil and Natural Gas Corporation share price closed today at ₹259.05, marking a rise of 5.48%. In Q2 FY25 results, the company reported a 17.1% annual growth in profit to ₹11,984 crore for Q2FY25, compared to ₹10,238 crore in Q2FY24. However, the company’s gross revenue declined 3.6% year-on-year to ₹33,881 crore in Q2FY25, down from ₹35,162 crore in Q2FY24.

• Bharat Electronics

Bharat Electronics share price closed today at ₹293, marking a rise of 4.33%. Over the past year, the stock has reached a 52-week high of ₹340.50 and a low of ₹137.35.

• Larsen and Toubro

Larsen and Toubro share price closed today at ₹3,757.00, marking a rise of 4.26%. Larsen & Toubro (L&T) reported a 5.4% year-on-year (Y-o-Y) increase in net profit, reaching ₹3,395.3 crore in Q2FY25, compared to ₹3,223 crore in Q2FY24. The company’s revenue from operations surged by 20.6% annually to ₹61,554.6 crore, up from ₹51,024 crore in the same quarter of the previous fiscal year.

• Bharat Petroleum Corporation

Bharat Petroleum Corporation share price closed today at ₹297.3, marking a rise of 4.01%. The company posted a net profit of ₹2,397 crore for the July-September quarter. Sequentially, the net profit dropped by 20.5%.

• Shriram Finance 

Shriram Finance share price closed today at ₹2,957.65, marking a rise of 3.78%. Shriram Finance reported a 16.37% rise in net interest income (NII) for the second quarter ending September 30, 2024, reaching ₹5,606.74 crore compared to ₹4,818.18 crore in the same quarter last year. Profit after tax (PAT) grew by 18.30% to ₹2,071.26 crore from ₹1,750.84 crore a year ago. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.