Nifty Expiry: Hindustan Zinc, Patel Retail Soar; Ola Electric, ABFRL Plunge

Business
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Moneycontrol•20-01-2026, 16:29
Nifty Expiry: Hindustan Zinc, Patel Retail Soar; Ola Electric, ABFRL Plunge
- •Hindustan Zinc shares surged 5.41% to a one-year high of ₹696.95, driven by record silver prices, making it the top Nifty 100 gainer.
- •Patel Retail hit an upper circuit at ₹209.15, jumping 20% intraday after securing a ₹25 crore export order for spices and FMCG products from the UK, Italy, UAE, and Saudi Arabia.
- •Popular Vehicles and Services saw a 6.67% rise in shares due to a 40% YoY revenue surge and a 50% jump in new vehicle volumes in the December quarter.
- •Ola Electric shares dropped 9.84% intraday to ₹32.26, extending its decline to over 25% in 10 days, following CFO Harish Abichandani's resignation.
- •Aditya Birla Fashion and Retail (ABFRL) plunged 8.66% to a one-year low of ₹65.81 after a block deal involving 3.57% of its outstanding equity.
Why It Matters: Hindustan Zinc and Patel Retail led gains, while Ola Electric and ABFRL faced significant declines.
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