Top 5 stocks of the day: From Cipla and Sun Pharma to Bharti Airtel, here are the top gainers today

Top 5 stocks of the day: M&M, Tech Mahindra, Tata Consumer Products, Nestle India, and Britannia Industries were the biggest losers on the Nifty, while Cipla, Sun Pharma, Divis Labs, Apollo Hospitals, and Bharti Airtel were the top gainers. Auto, oil and gas, bank, and FMCG indexes all fell 0.5-1 percent, while the pharma index rose 3 percent and the realty index rose 2 percent. The BSE Midcap index gained 0.5 percent, while the Smallcap index was unchanged.

Sensex and NSE Nifty50

The Sensex was down 440.38 points, or 0.66%, at 66,266.82 at the closing, and the Nifty was down 118.40 points, or 0.60%, at 19,659.90. Around 1722 shares rose, 1735 fell, and 133 were constant. On July 27, benchmark indices closed on a downbeat note, with the Nifty closing at 19,700.

BSE Auto Top Stock Losers

Top 5 stocks of the day: Equity 99 View on Vedanta

Vedanta's ROCE is 23.8% and its ROE is 20.4%. Despite being a market leader in numerous categories, it trades at a PE of 9.87x versus an industry PE of 11.6x. The company has a dividend yield of 35.8% and has achieved a 20% CAGR in revenues over the last three years.

Promoters have a 68.11% stake in the company, up from 50.14% in FY20, FII has a 7.48% stake, and DII has a 9.98% interest. In addition, the company owns 64.92% of Hindustan Zinc Limited and 1.20% of Sterlite Tech. Given the foregoing, we anticipate that this counter will reach its target price of Rs 375.

Disclaimer: (This piece of information is purely informational. It is important to note that offers, discounts, and/ or any other scheme/ information/ statistics must be personally verified by the readers from the respective sources. Readers are advised to invest or purchase solely at their own risk. DNP News Network Private Limited, website or the writer doesn’t validate the offers in any context. We will not be liable for any financial or other losses.)

Also Read: OPPO F21s Pro VS OPPO F21 PRO: Specifications, features and price compared to facilitate decision making

Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER