Stocks In News At Noon: Sagility India, Ola Electric Mobility, Mazagon Dock Shares

The NSE Nifty 50 and BSE Sensex pared gains from day's high tracking losses in HDFC Bank Ltd., and ICICI Bank Ltd. share prices. The Nifty 50 was 0.05% higher, while the Sensex was 0.01% down as of 12:23 p.m.

Sagility India Ltd. hit the 5% upper circuit and rose to Rs 51.37 apiece. It rose without any significant trigger in Thursday's session. It remained locked in the upper circuit as of 12:23 p.m. The stock has risen for six consecutive days.

Sagility India snapped a five-session rally on Tuesday briefly.

Ola Electric Mobility Ltd. share price rose 6.35% to Rs 99.95 apiece, the highest level since Dec 18. It rose as the company announced Wednesday that it has significantly expanded its network to 4,000 stores nationwide, a four-fold increase from its previous footprint.

Ola Electric Mobility has opened over 3,200 new stores, each paired with service facilities.

Mazagon Dock Shipbuilders Ltd. share price rose 4.76% to Rs 4,850.00 on Thursday when it turned ex-date for the stock split. The company has fixed Dec 27 as the record date for determining the eligibility of shareholders for its proposed stock split.

NMDC Ltd. share price rose 1.85% to Rs 216.38 apiece before its record date. The company has announced that Dec. 27 will be the record date to determine the eligibility of shareholders for the issuance of bonus shares.

The bonus issue will be in a 2:1 ratio. The public sector undertaking will allot a total of 586 crore equity shares of Re 1 each.