Top stock movers — RIL, Tata Motors, M&M, Adani Power, Gujarat Gas, CCI, and others

• The 30-share BSE index was trading 310 points higher, and the broader NSE Nifty climbed 0.70% 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.

Indian benchmark indices soared on Friday, tracking gains in index-heavyweights Reliance Industries, Titan, Tata Motors, amid positive cues from western markets.

The 30-share BSE index was trading 310 points higher, and the broader NSE Nifty climbed 0.70% at 10:00 am.

Here’s a list of the top losers and gainers in the Nifty pack.
*as of November 6, 10:00 am

Reliance Industries (RIL) gain nearly 3%

The shares of Mukesh Ambani-owned Reliance Industries (RIL) were up nearly 3% after the company garnered over ₹9,555 crore from Saudi Arabia Public Investment Fund for a 2.04% stake in its retail-arm Reliance Retail Ventures.

Gujarat Gas trades nearly 5% higher

The shares of Gujarat Gas gained over 5% after the company reported a 1.87% jump in its net sales to ₹2,559.91 crore. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization was up 91.14% to stand at ₹753.81 crore in September 2020.

Adani Power up 7%

The shares of Adani Power gained over 7% after the company posted a strong quarter. The company said its consolidated net profit surged manifold to ₹2,228.05 crore in the quarter ended September 30, mainly on account of improved income. The company had clocked a net profit of ₹3.88 crore in the year-ago period.

Container Corporation of India (CCI) plunges 7%

The shares of Container Corporation of India (CCI) fell over 7% after it reported a 14.1% drop in its revenue from operations to ₹1,509 crore for the quarter ended September 30. However, it registered a profit of ₹185 crore for the quarter, against a loss of ₹332 crore posted in the corresponding quarter last year. The margin declined to 20.9% in the quarter under review against 24.6% posted in the same quarter last year.

Berger Paints up nearly 3%

The shares of Berger Paints gained over 3% after the paint giant reported an increase of 13.55% in its consolidated net profit to ₹221.05 crore for the second quarter ended September 2020. Its revenue from operations was up 9% at ₹1,742.55 crore during the quarter under review.

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Mukesh Ambani cashes in yet another cheque from PIF — Saudi Arabia’s sovereign fund to invest $1.3 billion in Reliance Retail