Gainers Losers: 10 stocks that moved the most on May 24

  • Date: 24-May-2022
  • Source: Money Control
  • Sector:Financial Markets
  • Country:UAE
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Gainers Losers: 10 stocks that moved the most on May 24



Among sectors, IT, pharma, metal, FMCG, power and realty were down a percent each. The BSE midcap index fell 0.8 percent and the smallcap index shed 1 percent





May 24, 2022 / 05:10 PM IST





Indian benchmark indices ended lower in a volatile session on May 24. At close, the Sensex was down 236.00 points, or 0.43%, at 54,052.61, and the Nifty was down 89.50 points, or 0.55%, at 16,125.20.





Zomato | CMP: Rs 65.45 | The stock price surged over 14 percent on May 24. The food aggregator on May 23 reported a net loss of Rs 359 crore in the fourth quarter of the fiscal year 2021-22. The company's revenue during the period climbed to Rs 1,211.8 crore. The net loss nearly tripled over the year-ago period, when it stood at Rs 134.2 crore, though the revenue has surged 75 percent as against Rs 692.4 crore in Q4FY21. Broking house Morgan Stanley has kept "overweight" rating on the stock with a target at Rs 135 per share. Research firm UBS has maintained a "buy" rating on the stock with a target price of Rs 130.





Grasim Industries |