In the recent National Stock Exchange (NSE) session on Thursday, several companies including Suzlon Energy, JP Power, Punjab National Bank (PNB), Vodafone (NASDAQ:) Idea, Infibeam Avenue, Indian Overseas Bank (IOB), Zomato, and YES Bank experienced high trading volumes.
Suzlon Energy saw a notable rise in its shares following the release of pledged shares by SBICAP Trustee Company. In another significant development, HDFC Bank topped the turnover charts with an impressive ₹2,672 crore ($355 million) turnover.
Shares of Infibeam Avenues also surged during the session. However, Vodafone Idea faced potential service curtailment from Indus Towers due to unpaid dues.
High turnovers were not exclusive to HDFC Bank; Tata Consultancy Services (NS:) and ICICI Bank also reported substantial figures.
Punjab National Bank revealed increased domestic advances and deposits, adding to the flurry of activity during the session. Meanwhile, YES Bank’s credit rating received an upgrade from CARE Ratings, a development that may have contributed to the high volume of trades for the bank.
Other companies that observed high volumes included GTL Infrastructure and RattanIndia Power. The high trading volumes across these various companies underscored an active day on the NSE.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.