Selling pressure is weighing on several stocks today, with pharma, chemicals, auto, technology and industrial names falling more than 5%. KPIT Technologies is among the worst hit, while Servotech Renewable Power System and PCBL are also trading sharply lower.
Here's a look at the stocks that fell over 5% during the session:
Servotech Renewable Power System, KPIT Tech Lead Losers
KPIT Technologies declined 7.9% to close at Rs 588.3. The stock was among the most actively traded counters in the list, with 74.88 lakh shares changing hands and a traded value of Rs 448.95 crore.
Servotech Renewable Power System also remained under pressure, falling 8.8% to Rs 84.13. The company had a market capitalisation of Rs 1,900.04 crore at the close.
PCBL slipped 7.57% to Rs 338, while Hexaware Technologies fell 7.52% to Rs 571.8.
Pharma, Chemicals And Industrial Stocks Decline
Syngene International dropped 5.64% to Rs 390.9, emerging as one of the most actively traded stocks on the list with volumes of 110.04 lakh shares and a traded value of Rs 424.09 crore.
Eris Lifesciences declined 5.36% to Rs 1,350.1, while Premier Energies fell 5.04% to Rs 984. DIA Cabs also ended 5% lower at Rs 320.58.
Laxmi Organic Industries extended losses, declining 6.24% to Rs 188.
Waaree Energies, despite being the largest company by market capitalisation among the group at Rs 75,652.3 crore, closed 3.88% lower at Rs 2,630. The stock witnessed heavy trading, with 35.83 lakh shares exchanged and a turnover of Rs 930.07 crore.
Also Read: Syngene International Shares Slide 8% After Q1 Swings To Loss, Revenue Misses Estimates
Stocks That Fell More Than 5%
Company | Closing Price | Change |
Servotech Renewable Power System | Rs 84.13 | -8.8% |
KPIT Technologies | Rs 588.3 | -7.9% |
PCBL | Rs 338 | -7.57% |
HEXT | Rs 571.8 | -7.52% |
LX Chem | Rs 188 | -6.24% |
Syngene International | Rs 390.9 | -5.64% |
Eris Lifesciences | Rs 1,350.1 | -5.36% |
Premier Energies | Rs 984 | -5.04% |
DIA Cabs | Rs 320.58 | -5.0% |
Waaree Energies | Rs 2630 | -3.88 % |
Investors will now watch whether these stocks witness bargain buying in the coming sessions or remain under pressure amid broader market sentiment.
Also Read: Suzlon, Premier Energies Shares Slip Over 2% As Waaree Energies' Q1 Earnings Weigh On Solar Pack
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