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10 stocks that made significant moves on September 1, 2023

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1. BSE (Bombay Stock Exchange): The stock surged 6 percent after the company announced an increased buyback offer price of Rs 1,080, a 32 percent rise over the previous offer price of Rs 816.

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2. ONGC (Oil and Natural Gas Corporation): Shares of ONGC traded over 4 percent higher after Fitch Ratings affirmed a BBB rating with a stable outlook, indicating moderate creditworthiness.

3. Navneet Education: The stock surged 4 percent following the company’s decision to make changes aimed at rationalizing the group structure and achieving better synergies.

4. JSW (JSW Group): Shares traded over 3 percent higher after reports suggested that the company was in early talks with Chinese automaker Leapmotor to license technology for building electric vehicles in India.

5. Five Star Business: The stock declined by 5 percent as 2.48 crore shares, or 8.5 percent stake, changed hands in two bunch trades. Private equity investors were reported to be selling a stake in the company.

6. Sula Vineyards: Shares traded 0.5 percent higher after a large block deal involving the acquisition of 7.06 percent stake in the company by HDFC Mutual Fund, Morgan Stanley, and other market players.

7. NCC (Nagarjuna Construction Company): Shares traded 1 percent higher after the company announced it had received four contracts worth Rs 8,398 crore in August, related to electrical metering and distribution projects.

8. Mahindra and Mahindra: The stock price gained 1 percent after the company reported auto sales of 70,350 vehicles in August, registering a growth of 19 percent from the same month the previous year.

9. Maruti Suzuki: Shares of Maruti Suzuki zoomed over 3 percent after the company reported its highest-ever monthly wholesales at 1,89,082 units in August.

10. CONCOR (Container Corporation): The share price jumped over 2 percent following the appointment of a new chairman and managing director, Sanjay Swarup, who brings extensive experience to his new role.

Please note that these stock movements are based on the information available on September 1, 2023, and stock prices can change rapidly. It’s important to verify the latest stock prices and news before making any investment decisions.

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