Stocks Radar: Sical Logistics, Kitex Garments, Aviation Stocks And More

Indian shares swung between gains and losses even as Asian peers pared losses, after Chinese manufacturing gauges climbed to two-year highs and Bank of Japan kept monetary policy rates unchanged.

Here are the stocks that are moving the market:

Sical Logistics

Shares of the Bangalore-based logistics company rose as much as 5 percent to Rs 229 after the company signed a contract with the West Bengal Power Distribution Corporation for a project expected to last seven years, while generating a revenue of Rs 1,500 crore for the company.

Jewellery Stocks

Shares of companies like TBZ Ltd., PC Jewellers Ltd., and Gitanjali Gems Ltd., fell despite gold sales during the auspicious occasion of Dhanteras rising 30-50 percent this year.

• TBZ (down 3.14 percent to Rs 86.30)
• PC Jewellers (down 1.6 percent to Rs 503.15)
• Gitanjali Gems (down 3.32 percent to Rs 75.65)

Aviation Stocks

Shares of Jet Airways Ltd., Spicejet Ltd., and Interglobe Aviation Ltd., surged in trade after reports suggested that the government is mulling to align flying operator norms with the FDI policy.

• Jet Airways (up 4.91 percent to Rs 490)
• Spicejet (up 3.53 percent to Rs 76.30
• Interglobe Aviation (up 1.24 percent to Rs 950)

Earnings Reactions

• Century Textiles And Industries (up 2.17 percent to Rs 964.15)
• Dish TV (down 1.95 percent to Rs 98.05)
• Mahindra Holidays (up 3.94 percent to Rs 468.50)
• Vinati Organics (down 3.3 percent to Rs 571.20)
• Kitex Garments (down 19.71 percent to Rs 410)