The markets are muted in Wednesday trade with the Nifty struggling around the 25,100 mark and the Sensex down 200 points. The broader markets too are under pressure. However, the action is very stock-specific today. Several stocks stand out with strong gains in today’s trade.
Here is a look at the top movers and shakers in trade today –
Sri Lotus Developers and Realty
The share price of Sri Lotus Developers and Realty has jumped 6% intraday. This is after leading brokerage house, Motilal Oswal initiated coverage on the stock with a Buy. They anticipate a 35% rally for the shares over the next 12 months. Motilal Oswal pointed out that Lotus, with zero debt and litigation-free status, and a margin above 40%, is well-placed for acquisitions and execution.
Cartrade Tech
The Cartrade Te