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Top Losers of the Day – Britannia, BEL, NTPC, Asian Paints, and HDFC Bank on November 12, 2024

12 November 20244 mins read by Angel One
BSE Sensex and NSE Nifty50 fell over 1% on November 12. Britannia, BEL, NTPC, Asian Paints, and HDFC Bank stocks dropped, with Britannia down 7.3% after disappointing Q2 results.
Top Losers of the Day – Britannia, BEL, NTPC, Asian Paints, and HDFC Bank on November 12, 2024
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

The benchmark indices, BSE Sensex and NSE Nifty50, both closed over 1% lower on November 12, 2024, finishing in negative territory. 

The BSE Sensex ended at 79,496.15, down by 9.83 points or 0.01% from the previous day. Throughout the session, it traded between a high of 79,820.98 and a low of 78,547.84. Similarly, the NSE Nifty50 closed at 23,883.45, marking a decline of 257.85 points or 1.07%. During the day, Nifty moved within a range of 24,242 and 23,839.15.

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

Symbol Open High Low LTP %chng
BRITANNIA 5,420.00 5,426.90 5,005.00 5,038.00 -7.3
BEL 300.00 300.85 287.3 289.3 -3.49
NTPC 393.15 394.8 379.05 380.3 -3.12
ASIANPAINT 2,535.00 2,535.00 2,470.00 2,470.30 -2.86
HDFCBANK 1,772.00 1,775.00 1,708.65 1,719.00 -2.68

  • Britannia Industries

Britannia Industries share price closed at ₹5,038.00, reflecting a decline of 7.3%. ritannia Industries Ltd, a leading bakery company, announced a 9.4% year-on-year drop in net profit for the second quarter ending September 30, 2024. The company’s net profit stood at ₹531.6 crore, compared to ₹586.5 crore in the same quarter last year, according to a regulatory filing.

  • Bharat Electronics

Bharat Electronics share price closed at ₹289.30, reflecting a decline of 3.49%.

  • NTPC

NTPC share price closed at ₹380.30, reflecting a decline of 3.12%.

  • Asian Paints

Asian Paints share price closed at ₹2,470.30, reflecting a decline of 2.86%. For the 2nd day in a row, Asian Paints shares hit a 52-week low on Tuesday, continuing their decline following disappointing Q2 results. The stock fell below ₹2,500, a level it hasn’t reached in over 3 and a half years. During the session, it dropped to ₹2,493.05, marking a 1.95% dip on the BSE. The last time Asian Paints traded this low was on April 5, 2021, when it reached an intraday low of ₹2,484. On Monday, the stock also hit a yearly low of ₹2,507 on the BSE.

  • HDFC Bank

HDFC Bank share price closed at ₹1,719.00, reflecting a decline of 2.68%. HDB Financial Services, a subsidiary of HDFC Bank, has submitted a proposal for an IPO valued at ₹12,500 crore.

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.

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