Top stock movers — Hindalco, Indiabulls Housing, Happiest Minds Tech, Ashoka Buildcon, Aurobindo Pharma and others

• The 30-share BSE index was trading 239 points lower, and the broader NSE Nifty was down 0.52% on Thursday at 10:00 am.
• Here’s a list of the top losers and gainers in the Nifty pack.
• These are the top stocks that are buzzing in trade today.
• Check out the latest news and updates on Business Insider.

The Indian equity benchmark indexes started on a weak note on Thursday, tracking losses in financial stocks ahead of Finance Minister Nirmala Sitharaman’s press conference.

The 30-share BSE index was trading 239 points lower, and the broader NSE Nifty was down 0.52% on Thursday at 10:00 am.

Here’s a list of the top losers and gainers in the Nifty pack.

*as of November 12, 10:06 am

These are the top stocks in news today.

Indiabulls Housing Finance leaps 6%

The shares of Indiabulls Housing Finance gained over 6% after it reported an 18.5% jump to ₹323.20 crore in its quarter-on-quarter net profit. However, its total income fell 25.9% year-on-year to ₹2,581 crore during the quarter under review.

Happiest Minds Tech up over 1%

The shares of Ashok Soota backed Happiest Minds Tech gained over a percent after it entered into a strategic partnership with Bengaluru-based lo-Tahoe to provide their clients with effective data discovery and governance solutions.

Ashoka Buildcon zooms 6%

The shares of Ashoka Buildcon zoomed 6% in a weak market after the highways builder reported a six-fold jump in consolidated profit after tax (PAT) to ₹70.42 crore for the quarter ended September 30.

Aurobindo Pharma up over 5%

Pharma giant Aurobindo Pharma shares soared over 5% after it reported a 26% increase in consolidated net profit to ₹805.65 crore in the second quarter ended September 30. The company’s consolidated total revenue from operations during the period under review stood at ₹6,483.44 crore as against ₹5,600.47 crore in the corresponding quarter last year.

Hindalco Industries trade 3% higher

The shares of Hindalco Industries were up 3% after brokerage reiterated a ‘buy’ rating citing a sharp turnaround at Novelis, the American subsidiary of Hindalco. Edelweiss Securities has set a target price of ₹250, and IIFL has set a target price of ₹212.

Coal India falls over 3%

The shares of state-run Coal India fell over 3% after it reported a 16% fall in its consolidated net profit to ₹2,951 crore in the second quarter ending September 30. Although, the company’s revenue from sales was at ₹19,484 crore during the quarter under review as against ₹18,986 crore in the year-ago period.

SEE ALSO: Indian government approves the Production Linked Incentive scheme for 10 sectors worth ₹2 lakh crore

Spicejet is losing one rupee where it was losing four thanks to cheaper fuel and cut in rentals