Nifty Expiry: Eternal, Ixigo, Omaxe Soar; L&T, HCLTech Dip on Key Developments

Business
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Moneycontrol•13-01-2026, 17:14
Nifty Expiry: Eternal, Ixigo, Omaxe Soar; L&T, HCLTech Dip on Key Developments
- •Eternal (Zomato parent) shares jumped over 4% as foreign investor holding crossed 25%, making it eligible for full MSCI weighting.
- •Ixigo surged nearly 9% after JM Financial upgraded its rating to 'Buy' with a target price of ₹275.
- •Omaxe hit a 20% upper circuit following the announcement of a ₹500 crore mixed-use development project in Ludhiana.
- •Navkar Corp turned profitable in Q3 FY24, reporting ₹9.40 crore profit against a ₹11.40 crore loss year-on-year, boosting shares by 16%.
- •L&T shares fell over 4% on reports of Kuwait potentially canceling $8.7 billion oil project tenders, though L&T clarified these were not in its order book. HCLTech also saw a dip after a 11.2% fall in Q3 net profit.
Why It Matters: Key stocks like Eternal, Ixigo, and Omaxe gained significantly, while L&T and HCLTech faced declines.
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