Shares of another FMCG firm Patanjali Foods engaged in the selling of cooking oil surged 5.55% to Rs 1628 on BSE. Market cap of the firm climbed to Rs 58,139 crore.
The sharp rise in the net profit was primarily due to other income, which rose to Rs 24 crore from Rs 10.5 crore a year ago, besides an improved operational performance.
Reliance Infrastructure, Patanjali Foods, BHEL Q2 results, Last day to subscribe to Protean eGov Technologies IPO in Top News on November 8: Ex-dividend stocks, share markets outlook also in focus.
ASM or additional surveillance framework is part of the initiatives taken by the Securities and Exchange Board of India and stock exchanges to enhance market integrity and safeguard the interest of investors. ASM framework is based on objective parameters with price, volume variation, volatility, etc.
Stocks that were in focus include names like Patanjali Foods, which fell 0.16%, PVR Inox, which rose 4.77%, and Nykaa, whose shares declined 8.28% on Monday.