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IEX, L&T Infotech, TTK Prestige and two other stocks that have ignored the market mood to hit a one-year high

Bhakti MakwanaOct 19, 2021, 14:05 IST

BCCL

While the earnings season has kickstarted, shares of many companies have hit their one-year high on news of bonus equity shares, share split, dividends and so on.
Shares of kitchen appliances manufacturer TTK Prestige rallied almost 20% on Tuesday as investors cheered the company’s plans to split the stock.
Indian Energy Exchange spiked almost 20% on the company's plans to distribute bonus shares.

While benchmark indices oscillated between gains and losses, there were stocks that hit their one-year high on optimism of additional profit as companies announced bonus shares, stock splits and dividends. Shares of these companies have surged up to 20% today on October 19.

Larsen & Toubro Infotech jumps 15% on strongest sequential revenue growth in second quarter

BCCL

TTK Prestige surged almost 20% as company announced a stock split

TTK Prestige

Indian Energy Exchange spiked almost 20% on company’s plans to distribute bonus shares

BCCL

Mahindra CIE goes up 13% on two-fold rise in net profit

BCCL

Larsen & Toubro gains almost 4% to hit one-year high

BCCL

SBI, Tata Power, L&T Infotech and other top stocks to watch out for as Nifty looks to extend its bull run